There is a growing awareness toward environment and most of the people are going for green friendly products. One sees a clear trend of companies and people harnessing clean energy such as wind, solar, ethanol to solve their energy needs. This industry is maturing, and according to reports, clean energy sector remains strong globally in spite of economic slowdown.
The worldwide financial investment is reportedly reached $27.3 billion in the first quarter of 2010. It is predicted that investment will break all records, and may reach $200 billion this year. When it comes to this investment, one sees a considerable investment in wind energy, followed by solar and ethanol. According to European Wind Energy Association (EWEA), wind has become the leader in terms of new installed energy capacity. A study predicts that through 2020, wind is expected to account for 34 percent of new generating capacity, while it's expected to account for 46 percent from 2020-2030.
Today, one sees the installation of new wind farms, and considerable investment made on them. Also, bio-fuels reported investment worth $44.9 billion in 2009. The investment also called renewable energy and alternative energy, has still not caught-up pace in the United States unlike in the Europe. A report stated the U.S. has yet to enter the clean energy economy race, and also prospects have shrunk in the country. In the country, the wind energy market is dominated by players from the outside. European companies, and also companies from China, have made investment in the wind power market. Despite the present not so promising scenario, clean energy investment is the future and will play a considerable role in the economy.
For more information about this article visit: Clean Energy Investment.
Article Source: http://EzineArticles.com/?expert=Mike_Donal
