Cost of renewable may keep falling

The cost of renewable energy has fallen dramatically and will continue to do so, while investment has reached record levels and additions to global capacity have set new highs, and according to Adnan Amin, director-general of the International Renewable Energy Agency, the improvements can be attributed to the G20's strong commitment to non-fossil fuels.

G20 energy ministers and officials met in Beijing in June, ahead of the upcoming G20 Summit in Hangzhou, capital of Zhejiang province.

They acknowledged the progress made in scaling up renewable energy, and examined opportunities for even more action, during discussions on the sidelines of the meeting.