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July 21, 2014-Global clean energy investment is growing fast, offshore wind is the most eye-catching

July 21, 2014-Global clean energy investment is growing fast, offshore wind is the most eye-catching

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  • Time of issue:2014-07-21
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(Summary description)Global new energy investment jumped to $63.6 billion in the second quarter of this year, a 14 percent increase from the first quarter and a 9 percent increase from the same period last year, according to the new report.

July 21, 2014-Global clean energy investment is growing fast, offshore wind is the most eye-catching

(Summary description)Global new energy investment jumped to $63.6 billion in the second quarter of this year, a 14 percent increase from the first quarter and a 9 percent increase from the same period last year, according to the new report.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2014-07-21
  • Views:0
Information
Global new energy investment jumped to $63.6 billion in the second quarter of this year, a 14 percent increase from the first quarter and a 9 percent increase from the same period last year, according to the new report.
 
According to the report, the second quarter of this year was the fastest growing quarter for global clean energy investment since 2012. The report's analysis said that the strong growth was mainly driven by the availability of financing for large-scale wind and solar projects, as well as investment in small-scale rooftop PV installation activities. One of the most eye-catching new energy investment projects is the huge offshore wind power investment.
 
According to statistics, the largest new energy investment in the second quarter of this year was the Gemini offshore wind farm in the North Sea, which cost US$3.8 billion. This project is also the largest renewable energy project in history except for hydropower.
 
The report also noted that, geographically, the country with the fastest growth in clean energy investment in the second quarter was China, with an investment of $19.3 billion, more than doubling the investment in the first quarter and a 16 percent increase over the same period last year. . China is followed by Europe and the United States, which received $14 billion and $10.6 billion in clean energy investment in the second quarter, respectively.
 
According to the report, in the past two years, the amount of global renewable energy investment has been declining, even 20% lower than the peak in 2011, mainly due to the impact of the European financial crisis and the global uncertainty about clean energy policies. The increased cost of renewable energy equipment and labor costs have increased the investment risk in the renewable energy industry.
 
In the eyes of analysts, the boom in global clean energy investment from 2007 to 2010 was mainly a bubble created by subsidy policies. After that, there would inevitably be a period of consolidation and consolidation. Now, renewable energy is gaining momentum again. It is full of new competitiveness.

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