<span style="color: #222222;">The International Energy Agency (IEA) said that global capacity for producing renewable energy will soar by some 75 percent in the next five years. According to Agency's forecast, renewables will account for over 90 percent of global electricity expansion over the next five years, overtaking coal to become the largest source of global electricity by early 2025. The IEA expects worldwide capacity to grow by some 2,400 gigawatts the equivalent. <br />''<br />''That increase is 30 percent higher than the growth predicted a year ago, as higher fuel and electricity prices make renewables increasingly attractive to investors and consumers. IEA Executive Director Fatih Birol said that the world is set to add as much renewable power in the next five years as it did in the previous 20 years.  The report also envisaged a scenario where the increase in renewables could exceed its main prediction by 25 percent, making it more likely that the world could reach that target.</span><br />