Report on investment in renewable energy in 2017 has been published by the United Nations Environment Program (UNEP) and Bloomberg New Energy Finance (BNEF) Office.

According to the report, solar energy has increased by 98 GW annually. This is considerably greater than any other generation’s technology capabilities. Solar energy investments have reached $ 160.8 billion, which is 18 percent more than in 2016. The total amount of investments in renewable energy sources during the year amounted to $ 279.8 billion (not counting large hydropower plants).

And the largest investor in renewable energy, as in previous years, is China with 126.6 billion dollars. It should be noted that last year 53 GW solar power plant increased in China.

It should also be noted that in Australia in 2017 a sharp increase in investments in renewable energy (147%, 8.5 billion dollars), especially in Mexico (810%, 6 billion dollars) and Sweden (127%, $ 3.7 billion). Investments in Egypt rose sixfold to $ 2.6 billion.

Source: Here.