The volume of investment in renewable energy in the world will reach 7 trillion dollars

<p style=";text-align:left;direction:ltr">ArabiaWeather.com - A report on the “Global Energy Outlook 2015” of the International Energy Agency estimated that the volume of investment in the <strong>renewable energy</strong> sector in the world will reach $7 trillion within 25 years.</p><p style=";text-align:left;direction:ltr"> The report added that the renewable energy sector will produce 43% of the total electricity production in the world by 2040, indicating that the value of government support for renewable energy projects during the period (2015-2040) will increase by 60%, to reach $172 billion.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> <strong>China</strong> will be the largest market in the renewable energy sector, followed by the European Union, while <strong>India</strong> will rank third and the United States of America will rank fourth.</p><p style=";text-align:left;direction:ltr"></p><p style=";text-align:left;direction:ltr"> It is expected that electricity production from renewable energy will increase until 2040, by 50% in the European Union, 30% in China and <strong>Japan,</strong> and 25% in <strong>the United States</strong> and India.</p><p style=";text-align:left;direction:ltr"></p>