Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, June 14, 2012

Renewable Energy Sees a Record $257 Billion of Investment in 2011

Renewable Energy Sees a Record $257 Billion of Investment in 2011

The UN Environment Program (UNEP) announced in a new report that in 2011 global renewable energy investment reached a record $257 billion; a 17 percent increase from 2010, and a 600% increase over the past seven years.The solar energy sector saw the largest amount of investment, up from 2010 by 52% to an impressive $147 billion, more than half the total investment in the renewable energy market. This increase was due to an explosion in the number of installations of rooftop panels in the Italy and Germany, along with large-scale concentrated solar…Read more...

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