Total new investment in global clean energy increased 5 percent to set a record of USD260 billion in 2011, despite the sluggish global economy and a painful squeeze on manufacturers, according to a new report from
Bloomberg New Energy Finance.Most notable, according to the report, is that the US reclaimed its crown from China for clean energy investment for the first time since 2008, with total investment surging by 33 percent to USD55.9 billion compared to China’s USD47.4 billion, which was only an increase of 1 percent over 2010.