Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

12 Jan 2011 12:01:05

Record green energy investments seen in 2010

Record green energy investments seen in 2010
Green energy investments experienced their strongest year ever in 2010, figures compiled by Bloomberg New Energy Finance have revealed.

New cash injected into the field reached $243 billion (£155.3 billion) last year, far surpassing the $186.5 billion invested in 2009 and doubling the levels seen in 2006.

Small scale generation projects saw investment almost double to $59.6 billion, with the US, Germany, Italy and the Czech Republic performing particularly well in this field.

Overall, it was China leading the way, with an increase of 30 percent taking total investments up to $51.1 billion.

The development of offshore wind and rooftop solar generation in Europe was also a key driver. Research released by the European Renewable Energy Association recently suggested the continent was likely to exceed its 2020 renewable energy target.

Michael Liebreich, chief executive of Bloomberg New Energy Finance, said the investment figures were encouraging, however, they did come with "one important caveat".

"More than in most years, growth has been in fairly direct response to government intervention, whether in the form of cheap debt in China, sweet off?take deals for European offshore wind, feed?in tariffs for solar or a regulatory push for smart grids," he added.  ADNFCR-1235-ID-800337286-ADNFCR

Discussion Thread  


The Low Carbon Economy Ltd Community

Related Items From Everyone

  1. Gosreports has announced a new report titled to their offerings....

    23 Apr 2018
  2. One of the world’s most admired businesses, John Deere has teamed up with Vickers Energy Group,...

  3. MCR Print, one of the UK’s leading suppliers of environmentally friendly printing, has taken...

    25 Aug 2011
  4. Ground source heat pumps Products & Services

    Capture energy stored underground to provide heating even on cold days with our ground source...

  5. An internationally based organisationHambleside Danelaw is a manufacturing...

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.