{"id":247,"date":"2016-01-22T07:04:36","date_gmt":"2016-01-22T12:04:36","guid":{"rendered":"http:\/\/utilitieslocal.com\/news\/?p=247"},"modified":"2016-01-22T06:36:49","modified_gmt":"2016-01-22T11:36:49","slug":"renewables-saw-more-than-300-billion-in-investments-in-2015","status":"publish","type":"post","link":"https:\/\/utilitieslocal.com\/news\/renewables-saw-more-than-300-billion-in-investments-in-2015\/","title":{"rendered":"Renewables saw more than $300 billion in investments in 2015"},"content":{"rendered":"<p>While cost-cutting and scaling back were commonplace in the traditional energy industry in 2015, the same cannot be said in the renewable energy sector. <\/p>\n<p>Renewables saw <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-01-14\/renewables-drew-record-329-billion-in-year-oil-prices-crashed\" title=\"a record $329 billion in investments last year\" rel=\"nofollow\" target=\"_blank\"><strong>a record $329 billion in investments last year<\/strong><\/a>, with both solar power and wind power taking center stage across the globe.<\/p>\n<blockquote class=\"twitter-tweet\" width=\"550\">\n<p lang=\"en\" dir=\"ltr\">As oil crashed, renewables raked in a record $329.3 billion of investment last year <a href=\"https:\/\/t.co\/Ib2ZlLjtQK\">https:\/\/t.co\/Ib2ZlLjtQK<\/a> <a href=\"https:\/\/t.co\/HrMyxNtTkf\">pic.twitter.com\/HrMyxNtTkf<\/a><\/p>\n<p>&mdash; Bloomberg Business (@business) <a href=\"https:\/\/twitter.com\/business\/status\/687652962416615425\">January 14, 2016<\/a><\/p><\/blockquote>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Global increases in solar power generation<\/h2>\n<p>New wind and solar power accounted for about half of all new electricity generation last year, Bloomberg reported. <\/p>\n<p>There was a 30 percent increase year-over-year from 2014 to 2015, resulting in approximately 64 gigawatts of new wind power and 57 gigawatts of new solar power.<\/p>\n<h2>Domestic investments<\/h2>\n<p>Evidence of a clear focus on renewable energy can be seen in many U.S. states. California, New York, and Massachusetts, among others, have made headlines recently with their respective energy policies.<\/p>\n<div id=\"inlink\"><a href=\"http:\/\/utilitieslocal.com\/news\/california-utility-companies-proposed-new-fees-for-solar-customers-rejected\/\" title=\"California utility companies' proposed new fees for solar customers rejected\"><img decoding=\"async\" src=\"https:\/\/utilitieslocal.com\/news\/wp-content\/uploads\/2015\/12\/solar-panels-rooftop_rfo0lk5-150x150.jpg\" title=\"California utility companies' proposed new fees for solar customers rejected\" alt=\"California utility companies' proposed new fees for solar customers rejected\"><\/a><a href=\"http:\/\/utilitieslocal.com\/news\/california-utility-companies-proposed-new-fees-for-solar-customers-rejected\/\" title=\"California utility companies' proposed new fees for solar customers rejected\"><h4>California utility companies' proposed new fees for solar customers rejected<\/h4><\/a><a href=\"http:\/\/utilitieslocal.com\/news\/california-utility-companies-proposed-new-fees-for-solar-customers-rejected\/\" title=\"California utility companies' proposed new fees for solar customers rejected\" class=\"hide375\">Read more<\/a><\/div>\n<p>Late last year, <a href=\"http:\/\/solarenergylocal.com\/news\/new-california-law-takes-hard-stance-on-renewable-energy\/\" title=\"California put laws in place that will propel the use of renewable energy in coming years\" rel=\"nofollow\" target=\"_blank\"><strong>California put laws in place that will propel the use of renewable energy in coming years<\/strong><\/a>. Key details included doubling the rate of overall energy efficiency in California buildings and also generating 50 percent of all state electricity from renewable energy sources by 2030.<\/p>\n<div id=\"inlink\"><a href=\"http:\/\/utilitieslocal.com\/news\/new-york-governor-going-all-in-on-renewable-energy-sources\/\" title=\"New York Governor going all-in on renewable energy sources\"><img decoding=\"async\" src=\"https:\/\/utilitieslocal.com\/news\/wp-content\/uploads\/2016\/01\/wind-solar-renewable_j7l5o1f5-150x150.jpg\" title=\"New York Governor going all-in on renewable energy sources\" alt=\"New York Governor going all-in on renewable energy sources\"><\/a><a href=\"http:\/\/utilitieslocal.com\/news\/new-york-governor-going-all-in-on-renewable-energy-sources\/\" title=\"New York Governor going all-in on renewable energy sources\"><h4>New York Governor going all-in on renewable energy sources<\/h4><\/a><a href=\"http:\/\/utilitieslocal.com\/news\/new-york-governor-going-all-in-on-renewable-energy-sources\/\" title=\"New York Governor going all-in on renewable energy sources\" class=\"hide375\">Read more<\/a><\/div>\n<p>In New York, <a href=\"http:\/\/solarenergylocal.com\/news\/new-york-focuses-on-solar-and-other-renewable-energy-sources\/\" title=\"Governor Andrew Cuomo took a hard stance on renewable energy\" rel=\"nofollow\" target=\"_blank\"><strong>Governor Andrew Cuomo took a hard stance on renewable energy<\/strong><\/a>, calling for half of all New York electricity to originate from clean and renewable energy sources by 2030.<\/p>\n<p>And <a href=\"http:\/\/solarenergylocal.com\/news\/massachusetts-launches-30m-solar-loan-program\/\" title=\"Massachusetts Governor Charlie Baker announced a solar loan program\" rel=\"nofollow\" target=\"_blank\"><strong>Massachusetts Governor Charlie Baker announced a solar loan program<\/strong><\/a> in December that will help homeowners better gain access to solar panels as an energy source.<\/p>\n<span class=\"source-attribution\">Orginally published on &rarr; <a href=\"http:\/\/solarenergylocal.com\/news\/329-billion-invested-in-renewables-last-year\/\" target=\"_blank\" rel=\"nofollow\">Solar Energy Local<\/a><\/span>","protected":false},"excerpt":{"rendered":"<p>The renewable energy sector saw a record $329 billion in investments last year, with both solar power and wind power taking center stage across the globe.<\/p>\n","protected":false},"author":1,"featured_media":249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,5],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/posts\/247"}],"collection":[{"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/comments?post=247"}],"version-history":[{"count":3,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/posts\/247\/revisions"}],"predecessor-version":[{"id":252,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/posts\/247\/revisions\/252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/media\/249"}],"wp:attachment":[{"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/media?parent=247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/categories?post=247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/utilitieslocal.com\/news\/wp-json\/wp\/v2\/tags?post=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}