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2012 a Big Year for Renewable Energy Projects

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2012 was a banner year for renewable energy projects in the U.S. That’s according to a recent survey by Ernst and Young that shows – among other things – that wind deployment added a record 13,124 megawatts of capacity. According to the statement released with the latest edition of the U.S. Renewable Energy Attractiveness Indices – U.S. deployment of clean energy technology continues to rise – with renewables accounting for close to 50-percent of added capacity. Overall investment in clean energy was actually down – but Michael Bernier with Ernst and Young says the 44.2-billion dollars invested isn’t representative of the industry’s true expansion. For instance – solar technology is increasingly cost effective. As prices fall – he says the initial investment goes a lot further.

Source: NAFB News Service