Report: Clean energy investment hits record
Sacramento Business Journal by Melanie Turner, Staff Writer
Date: Monday, April 16, 2012, 6:40am PDT
Dramatic price declines fueled activity in the solar sector. The price of solar modules dropped in half in the past 12 months. Investment in solar increased by 44 percent, attracting $128 billion and accounting for more than half of all clean energy investment in G-20 countries, according to a report by report by The Pew Charitable Trusts.
- Melanie Turner
- Staff Writer - Sacramento Business Journal
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Global clean energy investment reached a record $263 billion in 2011, a 6.5 percent year-over-year increase, according to a new report by The Pew Charitable Trusts .
The U.S. reclaimed the lead in private finance and investment in clean energy, attracting $48 billion last year, a 44 percent increase, according to the report, released late last week.
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