Renewable energy investment rose 5 percent to a record $260 billion last year driven by a surge in solar developments and increased spending in the U.S. New spending on solar energy jumped 36 percent to $136.6 billion in 2011, outpacing the $74.9 billion put into wind power. Spending in the U.S. rose by a third to $55.9 billion, surpassing the 1 percent gain in China to $47.4 billion.
Read more at: Bloomberg
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