28 Mar '16, 10am

Clean energy investment double that of fossil fuels last year, figures show

Clean energy investment double that of fossil fuels last year, figures show 28. March 2016 | Global PV markets , Markets & Trends , Top News | By: Ian Clover Data from the UN Environment Programme reveals $286 billion spent in renewable energy in 2015, outstripping investment in coal and gas significantly. Solar power investment globally reached $161 billion according to UNEP, a rise of 12% in the space of a year.Jim Yost/NREL Figures published by the UN Environment Programme (UNEP) have revealed that the amount of money invested in renewable energy was more than double the figure spent on coal and natural gas in 2015. The UNEP data shows that close to $286 billion was spent on clean energy last year, surpassing the previous peak reached in 2011 when the world spent $278 billion on renewable power generation. Another significant trend evident in the UNEP data showed how cl...

Full article: http://www.pv-magazine.com/news/details/beitrag/clean-ene...

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