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Feb 12, 2012 - As the sovereign debt crisis unfolds in Europe, onlookers have questioned whether the region will stay committed to renewable energy. The answer so far is “yes.”
Even with a few countries pulling back on government support of the industry because of fiscal troubles, 2011 was still a huge year for deployment — with wind and solar alone representing almost 70% of new capacity.
That’s almost a 10-fold increase over deployment in 2000, when only 3.5 GW of renewable energy projects were installed. Last year, 32 GW of renewables — mostly wind and solar — were deployed across European countries.
The figures come from the European Wind Energy Association, which just released a report on industry growth.
Growth in Europe has consistently outstripped forecasts. The EU currently has a target of getting 20% of its final energy (heat, electricity and fuels) from renewable energy. Numerous countries have already surpassed their needed targets in the electricity and heating sectors, and it’s likely that the entire region will move past the goal well ahead of schedule. read more>>>
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