June 13, 2012
Just in time for the Rio+ 20 Conference on sustainable development UNEP has published the latest data on investments in renewable power in 2011.
These paint an overall positive picture:
Investments have increased by 17 per cent over 2010, despite a stagnating global economy.
Solar power accounted for roughly two thirds of the investments, continuing the trend of the past years and reflecting the falling costs of PV modules that have halved in 2011.
Investments in wind parks have declined, essentially due to uncertainties and planning delays, especially for off-shore installations in Europe.
All other types of renewable energy have attracted only marginal investments.Biogas installations in Europe do not play a significant role at global scale. Only geo-thermal holds promises, especially in the East African Rift Valley. Kenya […]