07 Jul '11, 5pm

Renewable Energy Investments Set New Record, Up 32% in 2010

A total $70 billion was invested in renewable energy in developed economies in 2010, according to the United Nations Environment Program’s “Global Trends in Renewable Energy Investment 2011 ,” which was prepared by Bloomberg New Energy Finance. Large scale renewable energy project investment in China and small-scale investments in solar rooftops in Germany were notable drivers of investment demand in their respective regions. The latter more than compensated for a fall in large-scale investments in Europe, which fell 22% to $35.2 billion from 2009, according to the report.

Full article: http://www.triplepundit.com/2011/07/renewable-energy-inve...

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