Clean energy investment down in 2016
Global clean energy investment fell by 18% in dollar terms last year, according to Bloomberg New Energy Finance (BNEF). Figures released by the analyst on Thursday 12 January showed that investment last year slowed to $287.5bn, despite a record year for offshore wind financings. It said that two markets in particular had experienced a “marked cooling”: China, where investment fell by 26% to $87.8bn; and Japan, which saw a 43% fall in investment to $22.8bn. However, clean energy investment in Europe increased by 3%, led by the UK for the third successive year. Germany and France were the second and third biggest European investors respectively.