One of the major shifts taking place in the global power generation market is the rapidly increasing share of renewable energy resources as we seek to reduce carbon dioxide emissions over the long-term.
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According to the latest Renewables Global Status Report from REN21, renewables accounted for approximately half of the estimated 194 GW of new capacity added globally in 2010, with installed renewable power capacity hitting an estimated 1320 GW. This represents an increase of almost 8 per cent from 2009.
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