NEW ENERGY UP, BIG MONEY TO FOLLOW

The Global Renewable Energy Share Of Electricity Generation Has Grown Despite A Fall In Investment: Study

Chris Pash, April 7, 2014 (Business Insider)

“Renewable energy’s share of world electricity generation continued its steady climb with equities markets loving the sector last year despite a 14% drop in investments to USD 214.4 billion, according to [ Global Trends in Renewable Energy Investment 2014 from the Frankfurt School-UNEP Collaborating Centre for Climate and Sustainable Energy Finance, the United Nations Environment Programme (UNEP) and Bloomberg New Energy Finance]…The investment fall of USD 35.1 billion was partly down to the falling cost of solar photovoltaic systems. The other main cause was policy uncertainty in many countries, an issue which also depressed investment in fossil fuel generation in 2013…Globally, renewables excluding large hydro accounted for 43.6% of newly installed generating capacity in 2013…” click here for more

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