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Solar market surge not enough to ward off climate crisis, BNEF warns

2015-06-23 16:36:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Global energy markets are set to be overturned by a huge surge in small-scale solar and faltering demand, according to new research from Bloomberg New Energy Finance. The analysts predict a $2.2 trillion boost in micro solar systems to 2040 as part of an overall $3.7 trillion investment in solar power, both large and small scale, in New Energy Outlook 2015 (NEO 15), the latest edition of the annual forecast. Moreover, energy efficient technologies in areas such as lighting and cooling will...

Tags: market crisis ward climate

Category:Electronics and Electrical

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