Beijing Conference Shows Renewable Energy Booming Worldwide
BEIJING, China, November 7, 2005 (ENS) - The fastest growing energy technology in the world is grid-connected solar photovoltaic, which grew in capacity by 60 percent per year from 2000 through 2004, to cover more than 400,000 roofs in Japan, Germany, and the United States, according to a Worldwatch Institute report released today at the Beijing International Renewable Energy Conference.
Second is wind power capacity, which grew by 28 percent last year, led by Germany, with almost 17 gigawatts installed as of 2004, the report finds.
"Renewable energy has become big business," said Eric Martinot, lead author of "Renewables 2005: Global Status Report." The report was compiled by Martinot, working with more than 100 researchers and contributors from at least 20 countries as a project of the Renewable Energy Policy Network for the 21st Century (REN21).
The report was produced and published by the Worldwatch Institute and released at the Beijing International Renewable Energy Conference 2005, sponsored by the government of China.
At the conference today, Chinese President Hu Jintao called on the international community to improve cooperation in research and development, technological transfer and funding for the use of renewable resources to benefit the world.
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