Renewable Energy

With renewable energy making up 65% of this years total global investment in industrial countries the reports linked to in this article support a sector growing faster than any other this year. 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 $257bn, up from $220bn in 2010. In a year marked by falling costs for renewable energy technologies, net investment in renewable power capacity was $40bn greater than investment in fossil fuel capacity, according to… continue reading