Global Trends in Sustainable Energy
The Sustainable Energy Finance Institute has released their 2008 global trends report. The report consists primarily of the amount of money going into companies and projects. I read through the Executive Summary, since the whole report of 70 pages seems a bit too much to wade through. I am not that interested in how much money was raised last year for these investments and how much it increased from 2006, but one fact caught my eye as significant:
Sustainable energy accounted for 31 gigawatts (23%) of new power generation capacity added worldwide in 2007, and 5.4% of installed generation capacity.
That’s right, almost 1/4 of new power capacity was of the renewable variety! That is a pretty good step towards reducing the amount of fossil fuel used worldwide.
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