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The global energy transition has crossed many milestones over the past decade, surpassing most expectations. Thanks to technological innovation, entrepreneurship and risk-taking by policymakers and businesses, the installed capacity grew sevenfold for solar PVs and threefold for onshore wind turbines since 2010.

Once considered a pipe dream, the share of renewable energy in the electricity mix is higher than fossil fuels in some countries. The past decade has also seen the number of people without access to modern forms of energy significantly decline.

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