Global investment in clean energy increased to $63.6billion in the second quarter, boosted by the biggest deal in the industry’s history.
Financing swelled 9% from a year earlier, and 33% from the first quarter, the London-based research company said today in an e-mailed statement. The main driver was the $3.8billion backing of a 600-megawatt offshore wind farm off the coast of the Netherlands.
The increase marks a reversal after investments declined more than 20% from a 2011 peak, Michael Liebreich, chairman of BNEF’s advisory board, said in the statement.
“The new investment upswing is broad-based, with activity rising across wind and solar, large-scale and small-scale projects, and covering most of the big markets,” he said. “The industry is gathering momentum once again.”
Financing for rooftop and small-scale solar rose 41% to $21.2billion from a year earlier. Venture capital and private equity investment in clean energy companies rose 36% to $1.6billion.
Chinese investors accounted for $19.3billion, up 16%. The US invested $10.6billion and Europe invested $14billion.
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