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March 13, 2008 | Jim Lane | Comments 0

$25 billion in 2007 global biofuels sales, to reach $81 billion in 2017

The Clean Edge report on the market size of the renewables industry was released, and said that biofuels achieved $25.4 billion in revenues in 2007 from sales of 15 billion gallons of fuel. The market is projected to grow to $81.1 billion by 2017. Overall, renewables generated 77.3 billion in 2007 revenues and are projected to grow to $173 billion by 2017.

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