7 July 2011 – Global investment in green energy rose by 32 per cent last year, driven largely by wind farms in China and small-scale solar panels on rooftops in Europe, the United Nations Environment Programme (UNEP) said in a new report on renewable energy trends released today.
Investors put a record $211 billion into renewable energy projects last year, about a third more than the $160 billion invested in 2009, and a 540 per cent rise since 2004, according to the report, entitled “Global Trends in Renewable Energy Investment 2011,” prepared for UNEP by the London-based Bloomberg New Energy Finance.
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