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Renewable energy investment landscape changes developing countries are the first super developed countries

renewable energy investment landscape changes developing countries are the first super developed countries

China Construction machinery information

in 2015 crbard (United States), the global investment in New energy was really "hot", which not only ensured the resolution of the experiment, but also extended the service life of the experimental machine

at the end of March, the latest report jointly released by the United Nations Environment Programme and other agencies showed that last year, the global investment in new energy reached US $285.9 billion, breaking the record of the manufacturers of Girard testing machines and other products with an investment of US $278.5 billion in 2011. From 2004 to 2015, the total global investment in renewable energy reached US $2.3 trillion

this report, entitled "2016 global renewable energy investment trends", shows that for the first time, developing countries have invested more in new energy than developed countries. In 2015, developing countries invested $156 billion in renewable energy, while developed countries invested $130billion in the same period. For developing countries, this amount increased by 19% compared with 2014, and was 17 times that of 2004 ($9billion)

behind the record investment in developing countries, countries represented by China, India and Brazil have actively responded to the call to deal with extreme climate challenges. Among them, China's renewable energy investment last year was 102.9 billion US dollars, an increase of 17% year-on-year, accounting for 36% of the world's total investment. In addition to the "big three" of China, India and Brazil, other developing countries increased their investment in new energy by 30% last year, reaching US $36billion, nearly 12 times that of 2004

among developed countries, European investment in renewable energy decreased by 21% from US $62billion in 2014 to US $48.8 billion in 2015, the lowest level in nine years; US investment increased by 14% to US $44.1 billion; Japan's investment was the same as that in 2014, with us $36.2 billion

according to the report, on the one hand, the rapid R & D and huge demand of developing countries in the field of wind and solar energy, on the other hand, the slowdown of economic growth in developed countries and the decline of government subsidies for renewable energy have led to the preference of developing countries for funds

at the same time, the investment in solar energy and wind energy increased by 12% and 4% respectively last year, both reaching new highs

the report found that with the further reduction of the power generation cost per megawatt of renewable energy, the installed capacity of renewable energy power generation (except large hydropower stations) accounted for 54% of all new power generation installed capacity last year, marking the first time that the installed capacity of renewable energy power generation exceeded the installed capacity of conventional energy power generation

in addition, renewable energy is higher than conventional energy in the installed capacity of new power generation in 2015, indicating that the power system is undergoing structural transformation. Although renewable energy (except large hydropower) currently accounts for only a small part of the world's total installed power generation capacity (about 16.2%), this proportion is rising (an increase of 15.2% compared with 2014). At the same time, the actual electricity generated by renewable energy accounted for 10.3% of the world in 2015, an increase of 9.1% compared with 2014

Udosteffens, one of the authors of the report and President of Frankfurt University of Finance and management, believes that although the Paris climate change conference held at the end of last year set ambitious goals for human sustainable development in the future, and although renewable energy is indeed instrumental in the transformation of the global economy to a low-carbon and sustainable development model, the above data also shows that there is still a long way to go to achieve this goal

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