Friday, April 3, 2015

The Ongoing March of Clean Energy

Last year half of all investment in energy production worldwide was in renewable energy; this represents a 17% increase in such investment, to $270 billion. That's 103 Gigawatts of capacity in a single year. To put it another way, more solar and wind power capacity was ordered in 2014 than existed in the world in 2000. And this isn't being driven by nervous Greens in Europe. Four of the countries making big investments were China, India, Brazil, and South Africa; across the developing world investment in clean energy rose 36%.

1 comment:

Katya said...

I think it's time for a post from you on recent advances in solar panel technologies. There was big news regarding jumps in efficiency last year:

http://www.livescience.com/49133-super-efficient-solar-energy-system.html

The advancements in the technology are going to be the big issue insofar as people or companies deciding to make "the switch."

At least that's my thinking..