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New era in solar energy fuelling growth in renewables: IEA

PARIS: The renewable energy sector is growing faster than expected, driven largely by a "new era" in solar PV power and strong expansion in China, the International Energy Agency said on Wednesday. "What we are witnessing is the birth of a new era in solar PV (photovoltaic)," IEA executive director, Fatih Birol, said in a new report. "We expect that solar PV capacity growth will be higher than any other renewable technology through 2022." The IEA calculated that new solar PV capacity grew by 50 percent last year,…