Hydropower is the world’s largest renewable source of power generation, accounting for around 20 per cent of global electricity supply, a new report said.
The world’s installed capacity of hydropower increased to 888.8GW in 2009 from 695.8GW in 2001, registering a compound annual growth rate of 3.1 per cent, new figures in Global Data’s Global Small Hydro Power Market Analysis and Forecasts to 2020 showed.
Cumulative additional installed capacity of small hydropower is expected to reach 140GW in 2015 and 201GW in 2020, it forecasted.
Annual installed capacity surged during 2004 mainly due to the rise in new installations in China. In addition, rising interest in the sector has led to increased government support policies which will derive installations in many countries.
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Author: NEWNET
