12 Jul '12, 9pm

China Leads as Global Clean Energy Investment Jumps 24 Percent in Q2 2012

China Leads as Global Clean Energy Investment Jumps 24 Percent in Q2 2012

The central role China plays in the global renewables market is apparent in the Q2 results. “China has recently quadrupled its domestic goals for solar installations, and it has been by far the biggest market for wind turbines,” said Michael Liebreich, chief executive of BNEF. “Its torrent of supply-side investment was one of the main reasons renewable energy costs have been plummeting; we are now seeing China creating enough demand to start mopping up some of the resulting over-capacity.”

Full article: http://cleantechnica.com/2012/07/12/china-leads-as-global...

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