11 Oct '12, 8am

Global Renewable Energy Investments Continue to Grow: Emerging from the global economic recession, investments i...

In a year marked by falling costs for renewable energy technologies, net investment in renewable power capacity was $40bn greater than investment in fossil fuel capacity, according to new research conducted by the Worldwatch Institute's Climate and Energy programme for the Institute's Vital Signs Online service . Total renewable energy investments in industrial countries in 2011 accounted for 65% of global investment, increasing 21% to $168bn overall. In contrast, the 35% of global new investment that went to developing countries increased 10%, to $89bn. Of that sum, China, India, and Brazil accounted for $71bn in total investment. Investment in India grew 62% - the highest growth rate for any single country over 2010 totals. In 2011, "financial new investment" in renewable energy installations (a category that excludes small-scale projects and R&D) in industrial countries...

Full article: http://www.renewableenergyfocus.com/view/28736/global-ren...

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