A record 13,124 megawatts (MW) of electric generating capacity were installed, leveraging $25 billion in private investment and achieving over 60,000 MW of cumulative wind capacity.
While government incentives for downstream customers fueled strong growth early on, tax credits reduced the cost of solar panels, making them more affordable for consumers and businesses.
According to a recent report from Pike Research, the total capacity of BIPV systems worldwide will grow from just over 400 MW in 2012 to 2,250 MW in 2017, a more than five-fold increase.
Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity, according to a new study.