China is World’s Leading Investor in Renewable Energy

Beijing, China [Xinhua via Comtex] China has become the top investor in renewable energy in the world, experts said Tuesday at the ongoing forum for decentralized sustainable energy solutions in China. Dr. Eric Martinot, a senior research fellow with the U.S.-based Worldwatch Institute and senior visiting scholar of Tsinghua University, said that excluding large hydropower, China invested 6 billion U.S. dollars in renewable energy in 2005 out of a global total investment of 38 billion dollars. Soaring oil prices have made renewable energy a focus for world investors, said Martinot.
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