Investment in clean energy continue to lag in Q2 2015

The second quarter of 2015 has seen a continued lag in the clean energy investment with 28 percent decline compared to the same period a year earlier.

Bloomberg New Energy Finance (BNEF) reports the global investment in clean energy in Q2 2015 was $53 bln, compared to $73 bln recorded in Q2 2014.

China was the most important contributor to the amount of $53 bln, investing $15.5 bln.

The US saw investment of $9.4 bln in Q2, followed by Japan in third place of top contributors with investment of $8.1 bln.

Michael Liebreich, Chairman of the Advisory Board at Bloomberg New Energy Finance, said: “The first two quarters of 2015, taken together, have seen investment down 18 percent compared to the first half of last year. It is possible that the Q1 and Q2 2015 figures will be revised up a bit in due course as some more deals are disclosed, but we have been predicting since January that this year would see lower investment than 2014 because of the strong dollar. In the medium term, we expect investment to resume its strong growth.”

Bloomberg New Energy Finance (BNEF) provides financial, economic and policy analysis, as well as news and database of assets, investments, companies and equipment in the clean energy space.