Prime Minister David Cameron has welcomed a £350 million investment for energy projects which will create hundreds of new jobs across the UK, the official website of Number 10 Downing Street announced today.

The Prime Minister, who attended Clean Energy Ministerial Conference in London, told ministers from the world’s most polluting countries that he passionately believed in the rapid growth of renewable energy.

Mr Cameron emphasised the contribution that Britain has already made in the renewable energy sector, Britain has invested a total value of £4.7 billion and supported 15,000 jobs in the UK’s renewable industry

He said: “Renewables are now the fastest growing energy source on the planet. And I am proud that Britain has played a leading role at the forefront of this green energy revolution.

“Britain has gone from virtually no capacity for renewables, to seeing them provide almost 10 per cent of our total electricity needs last year. And we’ve added more capacity for renewables in the last two years than at any time in the last decade.”

The Prime Minister said: “Our commitment and investment in renewable energy has helped to make renewable energy possible. Now we have a different challenge. We need to make it financially sustainable.”

The Renewable Energy Association (REA) welcomed the acknowledgment by the Prime Minister today that the renewables are the fastest growing energy sector in the world, but said that the government should understand better the benefits of renewable energy investment, including the creation of more jobs.

The Chairman at REA, Martin Wright, said:  “There is a tendency to focus on the costs of renewables as opposed to the benefits. Renewables give us energy independence, they are totally sustainable, there is no waste, and in the long term they will provide low cost energy and, above all, price stability.”

What is your reaction to the address by David Cameron to the renewable energy sector? Do you feel more optimistic about the future of renewables in the UK? Share your thoughts by leaving a comment below: