2024-11-05
http://w3.windfair.us/wind-energy/news/32062-bloombergnef-finances-investment-renewable-energy-solar-wind-offshore-onshore-taiwan-china-figures-dubai

BloombergNEF: Global Clean Energy Investment Slips in 2019

BNEF’s figures for clean energy investment in the first half of 2019 show mixed fortunes for the world’s major markets.

Official Press Release BloombergNEF:

World Clean Energy Investment Slips in 1H 2019, Despite Billion-Dollar Financings of Solar in Dubai and Offshore Wind in Taiwan

Wind Industry Profile of
World Clean Energy Investment Slips in 1H 2019, Despite Billion-Dollar Financings of Solar in Dubai and Offshore Wind in Taiwan

The first half of 2019 saw a 39% slowdown in renewable energy investment in the world’s biggest market, China, to $28.8 billion, the lowest figure for any half-year period since 2013, according to the latest figures from BloombergNEF (BNEF).

The plunge in activity in China, as the country shifts this year away from government-set tariffs to auctions for new wind and solar capacity, also depressed the 1H 2019 global investment figure – to $117.6 billion, down 14% compared to the first half of 2018. Justin Wu, head of Asia-Pacific for BNEF, commented: “The slowdown in investment in China is real, but the figures for first-half 2019 probably overstate its severity. We expect a nationwide solar auction happening now to lead to a rush of new PV project... ... More: Official Press Release BloombergNEF

Keywords:
BloombergNEF, finances, investment, renewable energy, solar, wind, offshore, onshore, Taiwan, China, figures, Dubai







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