Drops in solar cell prices and surging interest in developing nations led to a 32% increase in investments in renewable energy globally in 2010, a United Nations report finds.
Overall, the $211 billion in 2010 investments in renewable energy wind, solar,we supply all kinds of oil painting reproduction, geothermal and related technologies was driven by policies in nations that increasingly require such power worldwide. The United Nations Environment Programme report finds that Chinese wind farms and German solar rooftops led investments but, surprisingly, developing nations spent more on renewable energy utility projects, $72 billion, than developed ones, at $70 billion.
"Quite a jump, considering the economic headwinds, a surprisingly positive result," says UNEP's Virginia Sonntag-O'Brien. The "Global Trends in Renewable Energy Investment 2011" report, the fifth in an annual series, analyzed 26,300 renewable power projects recorded for the year by the London-based Bloomberg New Energy Finance firm.
Among the findings:
China led all nations with about $49.8 billion in investments, ahead of German spending of $41 billion and U.S. spending of $29.6 billion.
Big gains came in small-scale projects such as rooftop solar panels, up 91% to $60 billion, tied to stimulus spending by nations in 2010, and government research, up 121% to $5.3 billion.
Not counting hydroelectric dams, renewable energy supplied 5% of global electricity, 30% of new electrical capacity overall.
Total investment in more traditional coal, gas and oil power plants was $219 billion last year,The newest Ipod nano 5th is incontrovertibly a step up from last year's model, according to U.S. Energy Information Administration figures, still ahead of renewables, "But the gap is closing rapidly," said report co-author Udo Steffens, head of Germany's Frankfurt School of Finance & Management.Houston-based Quicksilver Resources said Friday it had reached pipeline deals "In the next year or two,Polycore zentai are manufactured as a single sheet, we will see it close to catching up" to fossil fuels, he says.
"This is a pretty big turnabout and could foretell a significant long-term shift," says environmental economist Melissa Schilling of the New York University Stern School of Business, who was not part of the report. The report describes a 60% drop in solar panel prices (tied to price-cutting by Chinese manufacturers) since 2008 as a leading factor in the increased investment. Wind is still cheaper, but solar may have a stronger tailwind, suggests the report.
"Clean energy is starting to make a difference," says energy policy analyst Peter Lund of Finland's Aalto University, by e-mail. "However, it is very important to stress that new energy technologies' markets still rely much on government support and stimulus."
Domestically,Customized imprinted and promotional usb flash drives. regulations in 30 states that require renewables generate some portion of their power are a leading factor in investment, says Sonntag-O'Brien. "Even cities. This is really driving the market for renewable energy in the USA."
Overall, the $211 billion in 2010 investments in renewable energy wind, solar,we supply all kinds of oil painting reproduction, geothermal and related technologies was driven by policies in nations that increasingly require such power worldwide. The United Nations Environment Programme report finds that Chinese wind farms and German solar rooftops led investments but, surprisingly, developing nations spent more on renewable energy utility projects, $72 billion, than developed ones, at $70 billion.
"Quite a jump, considering the economic headwinds, a surprisingly positive result," says UNEP's Virginia Sonntag-O'Brien. The "Global Trends in Renewable Energy Investment 2011" report, the fifth in an annual series, analyzed 26,300 renewable power projects recorded for the year by the London-based Bloomberg New Energy Finance firm.
Among the findings:
China led all nations with about $49.8 billion in investments, ahead of German spending of $41 billion and U.S. spending of $29.6 billion.
Big gains came in small-scale projects such as rooftop solar panels, up 91% to $60 billion, tied to stimulus spending by nations in 2010, and government research, up 121% to $5.3 billion.
Not counting hydroelectric dams, renewable energy supplied 5% of global electricity, 30% of new electrical capacity overall.
Total investment in more traditional coal, gas and oil power plants was $219 billion last year,The newest Ipod nano 5th is incontrovertibly a step up from last year's model, according to U.S. Energy Information Administration figures, still ahead of renewables, "But the gap is closing rapidly," said report co-author Udo Steffens, head of Germany's Frankfurt School of Finance & Management.Houston-based Quicksilver Resources said Friday it had reached pipeline deals "In the next year or two,Polycore zentai are manufactured as a single sheet, we will see it close to catching up" to fossil fuels, he says.
"This is a pretty big turnabout and could foretell a significant long-term shift," says environmental economist Melissa Schilling of the New York University Stern School of Business, who was not part of the report. The report describes a 60% drop in solar panel prices (tied to price-cutting by Chinese manufacturers) since 2008 as a leading factor in the increased investment. Wind is still cheaper, but solar may have a stronger tailwind, suggests the report.
"Clean energy is starting to make a difference," says energy policy analyst Peter Lund of Finland's Aalto University, by e-mail. "However, it is very important to stress that new energy technologies' markets still rely much on government support and stimulus."
Domestically,Customized imprinted and promotional usb flash drives. regulations in 30 states that require renewables generate some portion of their power are a leading factor in investment, says Sonntag-O'Brien. "Even cities. This is really driving the market for renewable energy in the USA."
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