29 Aug '11, 2pm

Renewables Investment Breaks Records

Renewables Investment Breaks Records

The document, Global Trends in Renewable Investment 2010, an Analysis of Trends and Issues in the Financing of Renewable Energy , reports that the record itself was not the only eye-catching aspect of 2010. Another was the strongest evidence yet of the shift in activity in renewable energy towards developing economies. Financial new investment, a measure that covers transactions by third-party investors, was $143 billion in 2010, but while just over $70 billion of that took place in developed countries, more than $72 billion occurred in developing countries. This is the first time the developing world has overtaken the richer countries in terms of financial new investment - the comparison was nearly four-to-one in favour of the developed countries back in 2004. It is, however, important to note that in two other areas not included in the financial new investment measure, n...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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