Clean energy bearing up in difficult times
But this global figure masks a shifting pattern of clean energy investments around the world. Investments in European projects fell in the second quarter, while China continued its extraordinary build-out of clean energy, and the US showed evidence of a bounceback, according to the Bloomberg New Energy Finance analysis.
July 15, 2010
by Fiona Harvey
in Financial Times
Rumours of the death of the clean energy industry in the recession were exaggerated, it seems: new investment in clean energy technologies, companies and projects "held steady" in the second quarter at $33.9bn globally, according to a new analysis by Bloomberg New Energy Finance.
This represented a slight decline of 1.5 per cent from the first quarter of 2010, and the year-on-year drop was more marked, with this year's Q2 showing a 3 per cent fall from investment figures for the same period last year.
Michael Liebreich, chief executive of Bloomberg New Energy Finance, said this was good going, given... [continue via Web link]