Worldwide investments in clean energy projects have hit a six-year low. Global spending totaled $117.6 billion in the first half of 2019, down 14% from a year earlier and the least since 2013, according to a report by BloombergNEF. Investments slowed in all three major markets — the U.S., Europe and China — but China’s decline was especially pronounced as the country continued its shift away from subsidies for solar and wind power.
Bloomberg 10th July 2019 read more »
A sizeable slowdown in Chinese renewable energy spending caused global investment in clean energy to fall by 14 per cent through the first half of 2019, according to the latest figures from BloombergNEF (BNEF).
Business Green 11th July 2019 read more »
An analyst has predicted “massive investments” for the UK’s renewables sector between now and 2030. GlobalData said the industry is expected to nearly double its capacity over that period filling the gap left by the retirement of coal power plants by 2025 and the closure of all but one nuclear plant in the next decade.
Energy Voice 11th July 2019 read more »