Renewable-Energy Projects in 2007 Experience 60% Growth to Total $148 Billion
Renewable-Energy Projects in 2007 Experience 60% Growth to Total $148 Billion
JOHANNESBURG--July 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--According to a recent report from the United Nations Environmental Programme (UNEP), sustainable-energy transactions worldwide in 2007 amounted to about $204 billion. Investments in projects focused on the generation of renewable energy took $98.2 billion, and wind-energy projects in the U.S., China and Spain accounted for a significant slice of this total. Another $50.1 billion went into technology development and the scale-up of commercial manufacturing. Added to the $148.3 billion of direct investments, about $56.6 billion went into mergers and acquisitions.
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