Notes from The Pew Charitable Trust's "Who's Winning The Clean Energy Race" 2010 Edition report

I just had a chance to read The Pew Charitable Trust's "Who's Winning The Clean Energy Race" 2010 Edition report and thought that it presented some very interesting facts FY2010 in the Clean Energy sector as part of its reporting on G-20 members:

-- $243 Billion in finance and investments in 2010 - this was a 30% increase from 2009

-- Europe attracted over $94 Billion of it - with over 100% increase in Italy and Germany's investments in small-scale solar installations and almost $55 Billion being invested into these countries

-- Investment in Asia region increased 33% to over $82 Billion

-- In China, private investment increased by 39% to $54 Billion

-- The US is now #3 in the overall list of countries in terms of investments in clean energy with $34 Billion

-- Amongst Latin Amercian countries, Argentina's private investment grew by 568% and Mexico by 273%

-- Solar technologies represented $79 Billion in investments representing 17 Gigawatts in new generation capacity

-- Wind Energy technologies accounted for almost $95 Billion in investments

-- Government funding accounted for $75 Billion

-- Venture capital / private equity funding went up 26% to $8.1 Billion

-- Investment in G-20 small-scale distributed capacity went up by 100 percent to $56.4 billion

One of the most interesting things for me was the emergence of China as the Clean energy superpower. Individual provinces within China and gvernment agencies have started taking an active role to facilitate investments into new technologies and companies as evidenced by delegations from Hangzhou and Jiangsu provinces and involvement by organizations such as HKTDC (Hong Kong Trade Development Council). More on this later.

I have attached the entire Pew chariable Trust report to this post for your convenience. You can also visit the Pew Charitable trust website to download it: http://www.pewtrusts.org

Pew G-20Report-LOWRes-FINAL.pdf