Wednesday, April 25, 2018
News: Page (1) of 1 - 06/11/12 Email this story to a friend. email article Print this page (Article printing at page facebook
Record investment in renewable energy in 2011
Renewable energy sees record investment in 2011 but solar price drop hurts manufacturers
By The Associated Press

GENEVA (AP) ' The United Nations says global investment in renewable energy reached a record of $257 billion last year.

A report released by the U.N. Environment Program says solar energy alone attracted investments of $147 billion in 2011.

This was helped by falling costs for solar cells as Chinese manufacturers sparked a price battle that put several American and German competitors out of business.

China claimed almost a fifth of the total investment volume. The Asian nation spent $52 billion on renewable energy.

The United States was close behind with investments of $51 billion. Germany, Italy and India made up the top five.

Page: 1


Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines