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13 Oct '12, 2am

Worldwatch Institute: Global Renewable Energy Investments Continue to Grow - Green Energy News

Worldwatch Institute: Global Renewable Energy Investments Continue to Grow New Worldwatch Institute report examines the rise in global investments in renewable energy, despite the recent economic recession. Emerging from the global economic recession, investments in renewable energy technologies continued their steady rise in 2011, with total new investments in renewable power and fuels (excluding large hydropower and solar hot water) reaching $257 billion, up from $220 billion in 2010. In a year marked by falling costs for renewable energy technologies, net investment in renewable power capacity was $40 billion greater than investment in fossil fuel capacity, according to new research conducted by the Worldwatch Institute's Climate and Energy program for the Institute's Vital Signs Online service. Total renewable energy investments in industrial countries in 2011 accounte...

Full article: http://www.green-energy-news.com/nwslnks/clips1012/oct120...

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