Overall investment in clean energy in the United States topped $56 billion last year, which turned out to be the second highest total in the world.
Total investment in renewable energy and energy smart technologies in the U.S. hit $56 billion in 2015, according to recent report from the Business Council for Sustainable Energy (BCSE). This mark is an increase of 8 percent from one year earlier.
$56B total US investment in #cleanenergy in 2015, 2nd in the world #Factbook https://t.co/2lFqDN4uWK pic.twitter.com/thuT2Sq8c2
— BCSE Clean Energy (@BCSECleanEnergy) February 4, 2016
Renewable energy and energy smart technologies have now seen about $445 billion of investment since 2007, the BCSE report noted. In that time frame (2007 to 2015), annual investment totals ranged from $36 billion to $64 billion.
Approximately 50 percent of all new investment in renewable technology in 2015 went into solar power development, while about 21 percent went into wind power development.
See also: Renewables saw more than $300 billion in investments in 2015
In 2015, the U.S. turned out to be the second-most active country in clean energy investment but still trails China. Total U.S. investment of $56 billion is a little more than half of the $111 billion of investment in clean energy that China saw last year.
Source → Business Council for Sustainable Energy (BCSE)