Global clean energy investment continues to fall

Global investment in clean energy in the third quarter of this year was down 20% at $45.9 billion (£28.8bn). Analysts at Bloomberg New Energy Finance (BNEF) suggest the level of investment in renewable energy, electric vehicles, smart grids and energy efficiency projects is “worrying” as it is heading for the second successive annual fall. They […]

Global clean energy investment rises 22%

Global investment in clean energy in the second quarter of this year was up 22% from the first quarter, according to a new report. Bloomberg New Energy Finance (BNEF), which conducted the study, revealed investment rose to $53.1 billion due to an upturn in financing of wind and solar projects. China was the largest investor […]

Wind ‘cheaper than coal and gas’ in Australia

Renewable energy – even without subsidies – is cheaper than electricity from coal and gas fired power stations in Australia. According to new research from Bloomberg New Energy Finance (BNEF), electricity can be supplied from a new wind farm at a cost of A$80/MWh (£52.6 per megawatt hour) compared to A$143/MWh (£94) from a new […]

Global clean energy investment fell 11% in 2012

Investment in clean energy projects dropped 11% last year but that was still the second highest ever figure with total global investment of $268.7 billion (£167.3bn). New research from Bloomberg New Energy Finance suggests the figure was down from $302.3 billion (£188.5bn) in 2011 but the investment was five times more than 2004. Chinese investment […]

China could miss EV roll-out targets

China could miss its electric vehicle roll-out targets for both 2015 and 2020. That’s according to new research, which claims Chinese EV sales have been slow, with just 13,000 sold between 2009 and 2011. Its Government set ambitious sales targets earlier this year of 500,000 EVs by 2015 and 5 million by 2020. Bloomberg New […]

Solar projects hit ‘record’ high in 2011

Solar power projects worth around $10.8billion (£6.9billion) were bought by investors last year, according to a new report. The ‘Solar Portfolio Hunters: Focus On The Acquisition And Valuation Of Solar Assets’ study, which looked at deals from 2006 to 2011, found the capacity purchased was up by 122% from the previous year. The report showed […]

Renewable investment plummets, claims report

Investment in global clean energy at the start of 2012 dropped to its lowest level since the financial crisis back in 2009. That’s according to research from Bloomberg New Energy Finance which suggests new financial investment from the last quarter of 2011 was down 28% to just $27bn and was 22% lower than the equivalent […]

Indian renewable investment reached $10.3bn in 2011

Clean energy investments in India were a whopping $10.3bn (£6.53bn) in 2011- 52% higher than the $6.8bn (£4.3) invested in 2010. According to Bloomberg New Energy Finance this was the highest growth figure of any economy in the world. The large growth was driven by a seven‐fold increase in funding for grid‐connected solar projects- from […]