Renewable Energy investments reach $155B in 2008

According to a United Nations report, global investments in renewable energy attracted $155 billion US in 2008, surpassing the investment in carbon-based fuels for the first time. According to the Global Trends in Sustainable Energy Investment 2009, the 2008 investment was four times higher than in 2004 with $36 billion invested in emerging economies, and $105 billion spent directly developing power generating capacity from wind, solar, small-hydro, biomass and geothermal sources. Wind power attracted the most investment with $51.8 billion, while solar accounted for $33.5 billion. The report was prepared for the UN Environment Program’s Sustainable Energy Finance Initiative. (Source: AFP, June 3, 2009)

Global Trends in Sustainable Energy Investment 2009, Executive Summary

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As founder of PilmerPR, John Pilmer, APR serves as a PR and marketing communications advisor for both emerging and established companies. He offers customers more than 20 years of results-driven business PR and marketing experience. John and the firm have provided PR consultation and campaigns for clients such as Mozy, Novell, AdvancedMD, Certiport, NextPage, ElectraTherm, Altiris, Avamar, EmergeCore Networks, FSLogic, INVISUS, 10x Marketing, MWI, Project Insight, REIC, Seastone, US Synthetic and Funding Universe (now Lendio), among others.

Comments

  1. tom kern  June 10, 2009

    Thanks for the update & this is nice to know that earth saving energy producing solutions are being recognized.

    reply

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