Total investment in renewable energy (including small hydro-electric projects) was $244 billion in 2012, down 12% from 2011 mainly due to dramatically lower solar prices and weakened US and EU markets. As a share of total investment in power plants, wind and solar PV grew from 14% in 2000 to over 60% in 2012. The top countries for investment in recent years were China, Germany, Spain, the United States, Italy, and Brazil. Renewable energy companies include BrightSource Energy, First Solar, Gamesa, GE Energy, Goldwind, Sinovel, Trina Solar, Vestas and Yingli.
In which year was total investment in renewable energy higher than $250 billion, 2012 or 2011?
2011