Renewable-Power Plants Cost $1.9 Trillion Through 2018, Pew Says
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Developers and financiers will invest $1.9 trillion building clean-energy power plants worldwide from 2012 through 2018 as demand for electricity increases, according to The Pew Charitable Trusts.
Development costs for solar and wind farms and other types of renewable-energy plants will increase to $327 billion in 2018 from about $200 billion last year, according to a report posted on Pew’s website today.