China #1 In Clean Energy Investment, U.S. Slips Behind Germany To #3
The Pew Environmental Group today released the 2010 edition of "Who's Winning the Clean Energy Race?" The report showed China retaining its #1 spot on the list, having invested $54.4 billion in 2010, up from $39.1 billion in 2009.
Germany jumped the U.S. to come in at #2, investing $41.2 billion, even though American investment increased 51% to $34 billion. The top 3 were far ahead of the rest of the pack, with Italy, at $13.9 billion, and Brazil, at $7.6 billion, rounding out the top 5.
The report also noted that China is the world's leading producer of wind turbines and solar energy units, and that the country overtook the U.S. as the nation with the most installed clean energy capacity in 2009.
Total worldwide installed wind energy capacity grew 20.6% in 2010 to 193 gigawatts, with global solar capacity increasing a whopping 65.3% to 43 gigawatts.
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