Renewable Energy Installations to Rise 37% by 2015, BNEF Says
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Renewable energy installations are forecast to rise 37 percent in the next two years, driven by a drop in the cost of wind and solar power that cut the value of investment.
“What we’re seeing is clean energy competitive with what I call alternative energy -- fossil fuel energy,” Michael Liebreich, chairman of the advisory board of Bloomberg New Energy Finance, said at the research group’s conference in New York today.