Tuesday 7 February 2012

India shows record growth in renewable energy investments

A BNEF report into renewable energy investments in India showed that renewable energy investments increased by more than 52 percent in 2011, the fastest growth among major global economies. More than US$10.3 billion (€7.836 billion), was invested in renewable energy projects in India last year, with about US$4.6 billion (€3.5 billion) targeting wind energy projects and another US$4.2 billion (€3.5 billion) going toward solar project. “India’s record performance in 2011, and the momentum it is carrying into 2012, is one of the bright spots in the clean energy firmament,” said Michael Liebreich, BNEF’s chief executive. Read more ...
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