• 9 years ago
Bloomberg New Energy Finance is reporting that three hundred ten billion dollars was invested globally in green energy last year, a rise of sixteen percent over 2013. That amount almost matches the record total of three hundred seventeen billion, set in 2011. It should be noted that due to decreasing costs, the dollars invested in 2014 bought almost double the clean electricity capacity than in 2011.

Solar power, with its rapidly dropping costs, was the main driver, attracting over half the total funding for the first time. Solar investment rose by twenty-five percent in 2014, while wind power rose by eleven percent, to one-third of all investment. The nineteen point four billion invested in offshore wind projects was a record for that category. Energy efficiency and electric vehicle investment increased ten percent.

Read More: http://3blmedia.com/News/Global-Investment-Clean-Energy-Rises-16-2014-Minute/

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