Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Thursday, March 17, 2011

Solar, Wind and Biomass worth $188 billion in 2010

RenewableEnergyWorld.com
By Dana Blankenhorn
March 14, 2011

The main renewable energy industries grew 35% last year, and revenues should double again this decade, according to the Clean Energy Trends 2011 report issued today by Clean Edge Inc., the Portland-based research company.

This boom has been going on for a decade and shows no signs of stopping, the report said. Since 2000 the market for solar photovoltaics (PV) and wind has grown 20-fold, with the price to install solar panels falling by nearly half, and the percentage of the country's venture capital invested in the space growing from less than 1% to last year's 23%.

Read more