The volume of investment in renewable energy in the world will reach 7 trillion dollars

2015-11-11 2015-11-11T14:31:17Z
مثنى حزيّن
مثنى حزيّن
محرر أخبار - قسم التواصل الاجتماعي

ArabiaWeather.com - A report on the “Global Energy Outlook 2015” of the International Energy Agency estimated that the volume of investment in the renewable energy sector in the world will reach $7 trillion within 25 years.

The report added that the renewable energy sector will produce 43% of the total electricity production in the world by 2040, indicating that the value of government support for renewable energy projects during the period (2015-2040) will increase by 60%, to reach $172 billion.

China will be the largest market in the renewable energy sector, followed by the European Union, while India will rank third and the United States of America will rank fourth.

It is expected that electricity production from renewable energy will increase until 2040, by 50% in the European Union, 30% in China and Japan, and 25% in the United States and India.

This article was written originally in Arabic and is translated using a 3rd party automated service. ArabiaWeather is not responsible for any grammatical errors whatsoever.
See More
Related News
أستراليا تقيم سباق سيارات تعمل بالطاقة الشمسية

أستراليا تقيم سباق سيارات تعمل بالطاقة الشمسية

amazing video | Only in NEOM.. Ready extracts fresh water from the air effortlessly!

amazing video | Only in NEOM.. Ready extracts fresh water from the air effortlessly!

What if | We covered the desert with solar panels

What if | We covered the desert with solar panels

The chances of the region being affected by colder air masses are increasing, with the chances of low pressure systems forming in the second half of the month increasing (details)

The chances of the region being affected by colder air masses are increasing, with the chances of low pressure systems forming in the second half of the month increasing (details)