Strong Future Forecast for Renewable Energy

Strong Future Forecast for Renewable Energy

In its forward-looking report for the year, the U.S. Energy Information Administration forecasts renewable energy will be the fastest-growing power source through 2040.

New investments in renewable energy rose from $9 billion in the first quarter of 2004 to $50 billion for 2015's first quarter, according to Bloomberg New Energy Finance, and the volume of installed photovoltaic systems in the United States has grown every year since 2000.

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