- The fastest growing energy technology in the world is grid-connected solar photovoltaic (PV), which grew in existing capacity by 60 percent per year from 2000-2004, to cover more than 400,000 rooftops in Japan, Germany, and the United States. Second is wind power capacity, which grew by 28 percent last year, led by Germany, with almost 17 gigawatts installed as of 2004.
- Production of biofuels (ethanol and biodiesel) exceeded 33 billion liters in 2004, when ethanol displaced about 3 percent of the 1,200 billion liters of gasoline globally.
- An estimated US $500 million goes to developing countries each year as development assistance for renewable energy projects, training, and market support, with the German Development Finance Group (KfW), the World Bank Group, and the Global Environment Facility (GEF) providing the majority of these funds, and dozens of other donors and programs providing the rest.
- Over 4.5 million "green" power consumers in Europe, the United States, Canada, Australia, and Japan purchased renewable electricity at the retail level or via certificates in 2004.
Categories: renewable, energy, growth, investment, solar, biofuels