New Investments in Renewable Energy by Energy Sources (Billion USD)
This is a list of energy sources by the annual amount of money invested in technological development. As the list reveals, Solar Power has passed wind power in 2010 as the most attractive renewable energy source to invest in. The strong growth that the solar energy sector has experienced over the last years is a contributing factor. More information about the growth of renewable energy sources can be found in our list of the fastest growing alternative energy sources by capacity.
Technology |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
12.3 |
16.4 |
22.1 |
39.1 |
59.3 |
62.3 |
99.9 |
158.1 |
140.4 |
|
14.4 |
25.5 |
32.4 |
57.4 |
69.9 |
73.7 |
96.2 |
89.3 |
80.3 |
|
Biomass and waste-to -energy |
6.3 |
8.3 |
11.8 |
13.1 |
14.1 |
13.2 |
13.7 |
12.9 |
8.6 |
Hydro <50 MW |
1.5 |
4.6 |
5.4 |
5.9 |
7.1 |
5.3 |
4.5 |
6.5 |
7.8 |
3.7 |
8.9 |
26.1 |
28.2 |
19.3 |
10.6 |
9.2 |
8.3 |
5.0 |
|
1.4 |
0.9 |
1.4 |
1.8 |
1.8 |
2.7 |
3.5 |
3.7 |
2.1 |
|
0.0 |
0.1 |
0.9 |
0.7 |
0.2 |
0.3 |
0.2 |
0.3 |
0.3 |
|
Total New Investment |
39.6 |
64.7 |
100.0 |
146.2 |
171.7 |
168.2 |
227.2 |
279.0 |
244.4 |
Sources: Rebewables 2013 Global Status Report: ren21.net