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Latin America and China, major drivers of renewable energy

International Energía eólica. In 2010, Latin America and China were the regions of the world that bet the most on the implementation of renewable energies. According to a study published by the United Nations (UN), Latin American countries invested US$13.1 billion in the sector, about 39% more than in 2009; surpassed only by the Asian country that allocated US $ 48,900 million to clean sources.

 

In total, global investment in this category reached US$211 billion, 32% more than the previous year; and for the first time it was developing economies that led the funds for large-scale projects by investing $72 billion, $2 billion above world powers.

 

- Publicidad -

In Latin America, Brazil with US$7 billion, Mexico with US$2.32 billion, Chile with US$960 million, Argentina with US$740 million and Peru with US$480 million were the largest investors. These capitals were mainly allocated to the production of wind energy, geothermal, ethanol plants and biomass.

 

According to UN Under-Secretary-General Achim Steiner, the continued growth of this core segment of the green economy is no coincidence. "The combination of targets set by governments, supportive policies and stimulus funds are sustaining the growth of the renewables sector and bringing closer the much-needed transformation of our global energy system."

 

Meanwhile, according to the report, the increase in China was driven by the growth of wind farms, which monopolized 78% of the capital during the year and added 17 gigawatts of power to the country for a total capacity of 42.5 gigawatts, the largest in the world and 10 times higher than that of Denmark.

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