By Alex Morales
(c) 2010 Bloomberg News
Thursday, July 15, 2010; 12:00 AM
Clean energy accounted for 60 percent of new capacity in Europe, and  
more than half of new power generation in the U.S., UNEP said today in  
an e-mailed statement. Alternative power now accounts for about a  
quarter of global generating capacity, or 1,230 gigawatts out of 4,800  
gigawatts, the group said.
"It's not a marginal niche market anymore, and it's universally  
relevant to developed and developing countries," UNEP Executive  
Director Achim Steiner said today on a conference call. "The numbers  
are quite remarkable."
Governments from China to the U.S. and Brazil to South Africa are  
seeking to boost renewable power to lower their dependence on fossil  
fuels and limit emissions of the greenhouse gases blamed for global  
warming.
Globally, about 80 gigawatts of renewable power capacity was added  
last year, almost half of it in China, UNEP said. That compares with  
the 83 gigawatts of fossil fuel plants added.
Investment patterns in renewable energy are also changing, with Asia  
overtaking the U.S. to move into second place last year, and now  
threatening Europe's lead, Bloomberg New Energy Finance Chief  
Executive Michael Liebreich said on the call.
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"What we're seeing now in 2010 is that Asia is overtaking Europe to  
take top place in clean energy investment," Liebreich said.
China in 2009 replaced the U.S. as the biggest investor in renewable  
energy, pumping $34.5 billion into wind turbines, solar panels and  
other low-carbon energy technologies, new energy finance said in  
March. U.S. spending was just over half that, at $18.6 billion. The  
U.K. ranked third.
More than 100 countries have now brought in policies to promote  
renewable, UNEP said. The group's statement was based on twin reports  
by UNEP and by the Renewable Energy Policy Network for the 21st  
Century, or REN21.
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