Chinese solar boom sparks global renewables boon

A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday.

After a dip in 2016, overall global investment in the sector rose 3.0pc to a total $333.5bn, offsetting falls in Japan, Germany and Britain, according to the Bloomberg New Energy Finance (BNEF) study. That was the second best annual showing to date after $360.3bn in 2015.

Published in Dawn, 17th January, 2018