Changes in Clean Energy Investment in 2014: End of Year Recap

by Melanie Paty

On January 9th, 2015, Bloomberg New Energy Finance submitted a press release on the strong performance of clean energy investments in 2014. The overall investment in clean energy reached $310 billion, a 16% increase from 2013, but 2011 still holds the record at $317 billion. However, it was the biggest increase of new investment in clean energy since 2011. Government funded research and development increased 14% and corporate increased 15%. Private equity and venture capital investments increased 16%, but overall investment is still three times below 2008 levels. In terms of region, the most investment came from the United States, China, and Europe. European investment increased only 1% since 2013, but is still the highest at $66 billion. China increased a whopping 32% to $89.5 billion. Clean energy investment in the United States experienced a smaller increase of only 8% reaching $51.8, $15.5 billion of which went to utility scale asset finance. U.S. investment in solar increased by 39% whereas investment in wind decreased by more than 50%. India and Brazil both reached $7.9 billion in clean energy investments, an 88% increase for the former and a 14% increase for the latter. French investment increased by 26% due to the installation of Europe’s largest solar PV plant with 300MW capacity. Continue reading