Global clean energy investment reached a record $260bn in 2011 as the US usurped China to become the world's largest investor, analysts Bloomberg New Energy Finance (BNEF) confirmed yesterday. Global investment in the sector rose five per cent compared to 2010, ensuring that investment levels have now risen almost five-fold since 2004.
The US had lost its title as the world's biggest clean energy investor to China in 2009 and 2010, but surged back in 2011 with $55.9bn invested over the year, a 33 per cent annual increase. In contrasct, China saw investment rise just one per cent to $47.4bn.
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