Energy Magazine July 2014 | Page 24

RENEWABLES
“ While some may point to the fact that overall investment in renewables fell in 2013 , the drop masks the many positive signals of a dynamic market that is fast evolving and maturing ,” Steiner said in a statement . Specifically , although investment was down , renewable electricity capacity has hit record levels , increasing more than eight percent in 2013 .
The number of developing and emerging countries with renewable energy policies rose from 15 in 2005 to 95 in 2014
New Policies , New Promises The number of developing and emerging countries with renewable energy policies rose from 15 in 2005 to 95 in 2014 . These nations now make up more than two thirds of the 144 countries worldwide with renewable energy policies .
A growing number of locations intend to transition to 100 percent renewable energy in either individual sectors or economy wide . Djibouti and the island state of Tuvalu plan to derive all of their electricity from renewable sources by the year 2020 . Some nations have already reached their goals . Currently , some 20 million Germans live in 100 percent renewable regions .
In Latin America , Argentina has enacted a series of policies including
24 June 2014