Connect with us

Hi, what are you looking for?

The second quarter of 2014 showed an increase in clean energy investment, with China leading the pack, and projects around the world receiving funding.

Clean Power

$63.6 Billion Global Clean Energy Investment For Q2 2014

The second quarter of 2014 showed an increase in clean energy investment, with China leading the pack, and projects around the world receiving funding.

Bloomberg New Energy Finance has released some promising numbers regarding clean energy investments around the world.  $63.6 billion was invested in the second quarter of 2014, which was an improvement of 33% over the first quarter of 2014. It was also a 9% improvement over the second quarter for 2013. The record was $78 billion in the second quarter of 2011.

Negev solar

The 600 MW Gemini offshore wind farm near the coast of the Netherlands was the largest single deal at $3.8 billion. Israel’s 121 MW Ashalim I Sun Negev solar thermal project came in at $818 million.  Mexico’s 252MW Cemex Ventika wind farm was a $647 million deal.

The following three countries were investment leaders:

  • China, $19.3 billion
  • Europe, $14 billion
  • US, $10.6 billion

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. Even venture capital and private equity, which have been depressed in prior quarters, have seen the green shoots of recovery in deal volume.

We are expecting the full year figures for 2014 to show a clear rebound in global investment in clean energy. The debt-and-policy-fuelled bubble years of 2007-2010 were inevitably going to be followed by a period of consolidation; that period now definitely looks to be over and the industry is gathering momentum once again. –BNEF Advisory Board Chairman Liebreich.

Small-scale solar financing increased 41% over the second quarter of 2013. Solar parks, wind farms and small hydro dams were the top asset class, with financing of just over $38 billion. Venture capital and private equity investment increased 42% over the second quarter of 2014. The increase over the second quarter in 2013 was 36%.

That China is investing billions more than the United States is disappointing, considering that the US has historically been a leader in technological innovation. Of course, it isn’t only China: Europe is well outpacing the US, too. The US has been in a leadership position in many key fields, but it doesn’t seem clean energy is going to be one of them for some time.

Energy investment is for the long-term and since fossil fuels don’t seem to be the direction to continue pursuing, it makes more sense to keep investing in clean sources.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter:


You May Also Like


After a good first quarter, April increased plugin registrations by 53% YoY, to 11,919 units, with the Dutch plugin vehicle (PEV) market reaching 40%...


I’ve written about co-living before, and I knew it wouldn’t be the last time. Co-living encapsulates community and sustainability in one, two of my...

Clean Power

The massive new SunZia wind energy transmission line is closing in on the finish line, ESG or not.


BMW is stepping up from vehicle-to-grid EV charging to kick vehicle-to-everything (V2X) into gear, with an assist from the California utility PG&E

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.