Clean energy investment drops in first quarter

Global investment in clean energy fell 5% in the first quarter of 2014, according to figures released on Tuesday by financial services firm Clean Energy Pipeline.

The first quarter of 2015 sent mixed messages according to Clean Energy Pipeline

The first quarter of 2015 sent mixed messages according to Clean Energy Pipeline

Total new investment in the clean energy sector totalled $61bn in Q1, down 5% year on year and down 14% from the last quarter of 2014.

"The first quarter of 2015 provided mixed messages," said Clean Energy Pipeline CEO Douglas Lloyd.

"Project finance performed well, registering a 10% increase over the same period last year. However, public market activity and venture capital and private equity investment underperformed significantly."

The findings match up with a recent report from Bloomberg New Energy Finance (BNEF), which claimed that clean energy investment was at a two year low 


The brightest news from the first quarter was a 12% annual increase in clean energy project finance to $44 billion. This was underpinned by a surge in deal activity in Asia - approximately $13 billion was raised for renewable energy projects in Asia in Q1 15, almost double the $6.9 billion invested in Q1 14.

There were also two notable offshore wind project finance deals in Q1 15. The 322 MW Nordsee 1 offshore wind farm in Germany secured $889 million debt financing, while the 30 MW Block Island offshore wind farm, which will be the first utility-scale project in US waters, also reached financial close.

However, a broader view points a more positive picture, as clean energy investment surged in 2014, totalling $310bn, the highest amount since 2011 and a year-on-year growth of 16%.

edie staff


| Clean energy investment | offshore | offshore wind


Energy efficiency & low-carbon
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