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pau683706 : China leads the world in renewable energy investment

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  • China leads the world in renewable energy investment (2012-07-30)
  • According to a recently released United Nations report, global investment in renewable energy reached a record $257 billion in 2011, a 17 percent increase from the amount invested in 2010. China was responsible for almost one-fifth of total global investment, spending $52 billion on renewable energy last year. The United States was close behind with investments of $51 billion. In 2011, solar led the way as far as global investment in renewable energy, with investment surging to $147 billion, a year-on-year increase of 52 percent, due to strong demand for rooftop photovoltaic installations in Germany, Italy, China and Britain. Wind power investment slipped 12 percent to $84 billion as a result of uncertainty about energy policy in Europe and fewer new installations in China, according to the report.    Photo by Imaginechina
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