Clean energy an ever growing business, renewables account for 35% of Italian market

Aug 17, 2016 1508

by Elena Comelli

Clean energy is a fast-growing market which offers a lot of room to new companies, despite competition from low oil prices. At a global level, renewable energy sources in 2015 reached a new record, with over €290 billion invested globally (up 21% on 2014), more than double the €130 billion invested in fossil fuels. In Italy, investment last year rose to over €2 billion, compared to €1.5 billion the previous year. Total growth however slowed in recent years, if compared to the over €10 billion invested in 2010 and €24 billion in 2011.

Renewables have a solid presence in the Italian market, contributing 35% to domestic energy needs. Between 2010 and 2015, Italy installed new clean energy plants for an overall capacity of 23 gigawatts, nearly half the total 50 gigawatts available from total renewable energy sources, moving investment for over €50 billion.

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Fonte: Italy24

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