10 Jul '18, 3pm

Global Clean Energy Investment On Par With 2017, Hits $138.2 Billion In First Half

Global Clean Energy Investment On Par With 2017, Hits $138.2 Billion In First Half

It was the sectoral picture, however, that is most important to look at. Solar investment was down 19% to $71.6 billion over the first half of 2018 as compared to the same half a year earlier. Meanwhile, wind investment was up 33% to $57.2 billion thanks to several mammoth large-scale project financing which were recorded in the first half of the year. These included the $1.5 billion taken in for the 731.5 megawatt (MW) Borssele 3 and 4 offshore wind farm in Dutch waters, $1 billion raised for the 478 MW Hale County onshore wind project in Texas, and $627 million for the 120 MW Formosa 1 project — which we have covered before and expands upon the first offshore wind farm in Taiwanese waters.

Full article: https://cleantechnica.com/2018/07/10/global-clean-energy-...

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