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METCALF
FOUNDATION

Clean energy is here to stay
2017

The Transition Takes Hold, the latest report from Metcalf grantee Clean Energy Canada, is part of their annual Tracking the Energy Revolution series that examines clean energy market trends.

The new report analyzes global clean energy investments and reveals that the world’s three largest electricity markets — China, the U.S., and India — are responsible for half of all global clean energy investment. For Canada, a country well poised to develop and export clean energy technologies and services, this global marketplace represents a major economic opportunity.

Other highlights from the report include:

  • The solar industry created one out of every 50 new jobs in the U.S. last year, while wind turbine technician is America’s fastest-growing occupation.
  • There were 6.7 million clean energy jobs worldwide in 2015.
  • Five Canadian clean energy tech companies cracked the 2016 Global Cleantech 100 List.
  • Between 2015 and 2025, the International Renewable Energy Agency projects generation costs for onshore wind to fall another 26%, while offshore wind generation costs fall 35% and utility-scale solar PV costs drop 57%.
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