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Cleantech Investment Declines Again in 2013

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February 13, 2014

It looks like clean energy investment hit a peak in 2011 as investment totals declined in 2012 and 2013, according to Bloomberg New Energy Finance. Last year, global investment in clean energy was USD254bn, down from USD 286.2bn in 2012 and USD 317.9bn in 2011.

Decreases are due to the lower cost related to deploying large photovoltaic plants (which is actually good news), and a change in the market dynamics in Europe and the US. The two biggest investing countries are now China and the US, with China investing USD61.3bn in clean energy last year and the US investing USD 48.4bn. The investment figures don’t show is that solar power installations are increasing and actually grew by almost 20% which is a new record, according to BNEF. (Image source: BNEF)

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