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Monday, March 19, 2012

Despite Negative Press Renewable Energy Revenues Rapidly Expand in 2011

Despite Negative Press Renewable Energy Revenues Rapidly Expand in 2011

Solar, wind and biofuels saw global revenue expand by 31% in 2011. With all the negative hype put out by Big Oil and its acolytes, you’d have thought the green energy market had crashed rather than growing by a third.But investment in green energy rose only 5% over the year, which tells me that somebody is making a lot of money and others are losing out. Green Tech Media reports,“…costs of solar panels fell by more than 40 percent last year, while installations grew by 69 percent, yielding a 29-percent increase in solar market…Read more...

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