Bloomberg New Energy Finance reports an 11 percent drop in clean energy investments in 2012 to $268.7 billion down from $302.3 billion in 2011.
As reported by Silicon Republic, Bloomberg New Energy Finance (BNEF) has released new investment numbers for the global clean energy sector, reporting a drop of investment of 11 percent in 2012.
The main reason the company names are regulatory uncertainty and policy changes, particularly in larger markets such as the U.S., Spain, India and Italy.
The price drop for solar and wind technology is seen as one factor in the overall drop.
Overall clean energy investment in 2012 was $268.7 billion down from $302.3 billion in 2011. It remains to say though that the investments in 2012 represent “the second highest ever for the clean energy sector.”
China has overtaken the U.S. in clean energy investments with total investments of $67.7 billion. A 75% increase in clean energy investments in Japan to $16.3 billion might not be surprising.
The larger investment drops in Spain and Italy are maybe not surprising given the economic woes of those countries in the curent Euro Crisis.
Investments are though rapidly expanding in emerging markets, such as Africa (here in particular Kenya), Australia and Latin America.
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Source: Silicon Republic