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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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To increase and improve the sector, Estonia is not only spending heavily on RD&D for biomass-based energy, wind and solar power, but it is also pursuing solutions such as fuel cells and electrolyzers as well as computer-based energy management technologies for buildings, power storage and grid development.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. —Michael Liebreich, Chairman of the Advisory Board for Bloomberg New Energy Finance.

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