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Renewables investment set to triple by 2030

2013-04-23 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Annual investment in renewable energy technologies, such as wind turbines and solar panels, is likely to jump by 230 per cent by 2030 as the industry drives down costs and starts widespread deployment of baseload green technologies, such as biofuels. That is the conclusion of a major new report by Bloomberg New Energy Finance (BNEF) published yesterday, which forecasts future growth for the burgeoning green power market across three alternative scenarios. The report's central scenario, dubbed...

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