MONEY COMING BACK TO NEW ENERGY
Stronger First Quarter For Global Investment in Clean Energy; Small-scale solar in Japan and the US, and renewable power financings in emerging markets, help investment to rise 10% compared to Q1 2013
April 16, 2014 (Bloomberg New Energy Finance)
“Investment in clean energy worldwide rallied nearly 10% in the first quarter of 2014 compared to the same period a year earlier, reaching $47.7bn…[owing] much to a 42% jump in investment in small-scale solar, as households and businesses in countries such as Japan and the US took advantage of the big falls that have taken place in the cost of photovoltaic systems…The first quarter is often the weakest of the year for investment in clean energy…So, although global investment in Q1 2014, at $47.7bn, was down on Q4′s $58.1bn, the more useful comparison is with the first quarter of 2013′s $43.6bn… Also rising strongly year-on-year was public markets investment…The WilderHill New Energy Global Innovation Index, or NEX, which tracks around 100 clean energy stocks worldwide, appreciated 11% in the first quarter, to roughly double its low of July 2012…” click here for more
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