According to the United Nations Environment Programme (UNEP), in 2008, $3.7 billion was invested in the renewable energy sector in the country. Regarding the financial resources, the report says that the largest share was from asset finance ($3.2 billion) which was greater than from venture capital ($493 million in 2008).
Among the sectors,
- Wind energy sector grew at 17% from $2.2 billion to $2.6 billion.
- Solar energy investment increased from $18 million in 2007 to $347 million in 2008, most of it was channelized to setting up module and cell manufacturing facilities.
- The investment in small hydro projects grew about four-fold to $543 million in 2008.
- The growth in biofuels fell by 80% from $251 million in 2007 to $49 million in 2008.
