03 Feb '12, 4pm

India Leads World In Green Power Growth For 2011

Land Rover Our Planet /CC BY-SA 2.0 India's remarkable growth in solar power , which TreeHugger has been following for some time, has gained the nation another superlative: According to new analysis by Bloomberg New Energy Finance , India led the world in 2011 for green power growth. In 2011 India invested $10.3 billion in renewable energy, creating 52% growth in the sector. Solar power growth was particularly impressive, with investment increasing 700% over 2010 levels last year. Even then, the $4.2 billion invested in solar power in 2011 slightly trailed investment in wind power, which reached $4.6 billion. India's investment in renewable energy last year amounted to 4% of all investment in clean energy made worldwide. In terms of added renewable energy capacity: India added a national record 2.827 GW of wind power, bringing India into third place for new installations g...

Full article: http://www.treehugger.com/energy-policy/india-leads-world...

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