UN report calls solar the "technology of choice

UN report calls solar the "technology of choice"

11.06.2012: According to a report from the United Nations Environment Programme (UNEP), solar attracted nearly twice as much investment as wind last year. The report, entitled "Global Trends in Renewable Energy Investment," stated that in 2011, a total of $147 billion went into the solar sector – an increase of 52 percent compared to the previous year. The report does not distinguish between PV and solar thermal but states that the nearly 50-percent drop in PV module prices helped to spur the boom. According to the UNEP, Europe still has the biggest solar market, at $101 billion. India had the fastest-growing renewables market in 2011; it increased 62 percent to $12 billion.... Sources: UNEP; summary: PHOTON http://www.unep.org http://www.unep.org/newscentre/Default.aspx?DocumentID=2688&ArticleID= 9163&l=en

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com