UN: 2015 record year for global renewables investment

Global investment in renewable energy hit a record US$285.9 billion in 2015, beating the previous high of $278.5 billion set in 2011, according to the UNEP Collaborating Centre for Climate and Sustainable Energy Finance and Bloomberg New Energy Finance. The 10th Global Trends in Renewable Energy Investment also showed that investment in developing nations exceeded that in developed countries. In another first, more new renewables capacity than fossil-fuel generation came online during 2015.

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UN: 2015 record year for global renewables investment

Global investment in renewable energy hit a record US$285.9 billion in 2015, beating the previous high of $278.5 billion set in 2011, according to the UNEP Collaborating Centre for Climate and Sustainable Energy Finance and Bloomberg New Energy Finance. The 10th Global Trends in Renewable Energy Investment also showed that investment in developing nations exceeded that in developed countries. In another first, more new renewables capacity than fossil-fuel generation came online during 2015.

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