Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low
Green Car Congress
APRIL 6, 2015
A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year.
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