Climate Home: The renewable sector boomed during 2015, with a record US$367 billion of financial backing, think tank Clean Energy Canada revealed on Monday.
US, China and Japan accounted for half of all investment but for the first time ever, the majority of money was invested in developing countries. Africa and the Middle East collectively received $13.4 billion, according to the report.
Its increasingly competitive, and theres big money to be made, said Merran Smith, executive director of Clean Energy...