March 25, 2016

A substation and windmills are in the North Sea about 43 nautical miles (70 km) west of the island of Sylt. Photo: dpa
The global investment in renewable energy reached a record level. The emerging and developing countries overtake it the first time, the industrialized countries.
2015, more renewable energy capacity worldwide first emerged as for conventional energy. The share of renewables was 53 percent. And with $ 286 billion as never before put in new plants for generating electricity from the sun, wind, water, biomass and geothermal energy as much money. Nevertheless, the share of renewable energy in the total global electricity generation has increased only from 9.1 to 10.3 percent. “This is sobering given the record level of investment. The structural change is indeed in full swing, but he is quite sluggish, “said Ulf Moslener, Professor for financing sustainable energy at the Frankfurt School of Finance. For the tenth time he presented on Thursday the report on investment in renewable energy, the Frankfurt School, work out the United Nations and the financial data provider “Bloomberg” together.
For the first time was spent more for such investments by 156 billion in the emerging and developing countries than in industrialized countries with 130 billion. China alone has invested $ 103 billion. The German investment collapsed by 47 percent to 8.5 billion dollars.
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