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The scientific evidence of climate change, technological advancement, and increasing government support are expected to create attractive investment opportunities in the global renewable energy supply chain.

Renewables were the only energy source for which demand increased robustly in 2020 despite COVID-19, while consumption of all other fuels declined.

In 2020, global renewable capacity additions increased 45% to almost 280 GW the highest year-on-year increase since 1999.

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