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Chinese solar boom sparks global renewables boon: study
JAY GORY, MANAGING EDITOR, science
A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday. After a dip in 2016, overall global investment in the sector rose 3.0 percent to a total $333.5 billion, offsetting falls in Japan, Germany and Britain, according to the Bloomberg New Energy Finance (BNEF) study. "The 2017 total is all the more remarkable when you consider that capital costs for the leading technology -– solar -– continue to fall sharply," said BNEF chief executive Jon Moore. read more


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