Posted by: Saving Water SA (Cape Town, South Africa) - partnered with Water Rhapsody conservation systems – 18 July 2010

In 2009, for the second year in a row, both the US and Europe added more power capacity from renewable sources such as wind and solar than from conventional sources like coal, gas and nuclear, according to twin reports launched today by the United Nations Environment Programme and the Renewable Energy Policy Network for the 21st Century (REN21).

There was record investment in wind power in 2009

Renewables accounted for 60 per cent of newly installed capacity in Europe and more than 50 per cent in the USA in 2009. This year or next, experts predict, the world as a whole will add more capacity to the electricity supply from renewable than non-renewable sources.

The reports detail trends in the global green energy sector, including which sources attracted the greatest attention from investors and governments in different world regions.

Investment in core clean energy (new renewables, biofuels and energy efficiency) decreased by 7% in 2009 to the value of $162 billion. Many sub-sectors declined significantly in money invested, including large (utility) scale solar power and biofuels.

However, there was record investment in wind power. If spending on solar water heaters, as well as total installation costs for rooftop solar PV, were included, total investment in 2009 actually increased in 2009, bucking the economic trend. Continue reading New Power Capacity from Renewable Sources Tops Fossil Fuels