Emerging markets are installing renewable energy projects at almost twice the rate of developed nations, a report concluded.
A study of 55 nations -- including China, Brazil, South Africa, Uruguay and Kenya -- found that they’ve installed a combined 142 gigawatts from 2008 to 2013. The 143 percent growth in renewables in those markets compares with an 84 percent rate in wealthier nations, which installed 213 megawatts, according to a report released today by Climatescope.