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Global renewable energy capacity surges 9% with Asia leading the way

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According to a report released on Monday by the International Renewable Energy Agency (IRENA), global renewable power capacity increased by 9.1% to 3,064 GW in 2021, as governments focus on reducing emissions to mitigate global warming.

Among total renewable generation capacity, hydropower accounted for the largest share with 1,230 GW, while solar and wind continued to dominate new capacity, stated the report. In 2021, these two technologies accounted for a combined 88% of all newly installed renewable capacity.

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