Sunday, January 15, 2012

Solar surge drives record clean energy investment in 2011

Global investment in clean energy reached a new record of $260bn in 2011, up 5% on 2010 and almost five times the total of $53.6bn in 2004. The largest single type of investment was the asset finance of utility-scale renewable energy projects.

Investment in solar far outstripped that in wind, and perhaps of most note, US clean energy investment moved back ahead of China for the first time since 2008, according to the latest authoritative data from analysis company Bloomberg New Energy Finance.

Last year also saw the one trillionth dollar invested in clean energy globally since the company started compiling data in 2004.

Read more at Bloomberg New Energy Finance

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