News Summary: $257B in renewable energy for 2011

Published June 11, 2012 3:52pm ET



SOLAR SHINES: Global investment in renewable energy reached a record of $257 billion last year, with solar attracting more than half the total spending, according to a U.N. report released Monday.

CHINA, U.S. LEAD: China was responsible for almost a fifth of the total investment volume, spending $52 billion on renewable energy last year. The U.S. was close behind with investments of $51 billion.

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