Renewable Energy investment may rise to $200 Billion

By Jeremy van Loon
March 17 (Bloomberg)
Renewable energy investment may rise by 23 percent this year as government stimulus funds mainly in the U.S. and Europe are spent wind turbines and solar panels.
Spending may rise to between $175 billion and $200 billion this year from $162 billion in 2009, said Bloomberg New Energy Finance Chief Executive Officer Michael Liebreich today.
“There’s a big bulge of stimulus money coming through this year,” he said during a press conference at the consultant’s annual conference in London. “The question is what happens when they switch off the stimulus.” http://www.businessweek.com/news/2010-03-17/renewable-energy-investment-may-reach-200-billion-in-2010.html