$214bn Global renewable energy investment in 2013 - Japan 80% UP

Post date: Apr 11, 2014 6:2:36 PM

New Dominance in Renewable Energy Rises in the East -

headed by #Japan 80% up most #solar

The freshest start is coming in Japan.

Renewable financing leaped 80 percent there last year, to $28.6 billion -- a function of its changing energy picture in the wake of the 2011 Fukushima nuclear disaster.

Solar companies in the U.S. and the U.K. have increasingly been able to turn to public markets for support. SunPower, SolarCity and SunEdison stocks all rose by more than 300 percent in 2013, according to the report. The U.S.-based Guggenheim solar fund enjoyed a price rise of 138 percent last year and a 590 percent jump in assets under management.

Germany tends to lead Europe's fortunes,

such as they are. And Germany has spent itself into a renewable hangover, putting in $9.9 billion last year -- "a far cry from its peak figure of $33.7 billion in 2010," according to the report, which was produced by BNEF and the UN Environment Program

Global renewable energy investment dropped 14 percent ?

SOLAR GOT MUCH MORE CHEAPER

last year from 2012, to $214 billion, according to Bloomberg New Energy Finance (BNEF). That's 23 percent off the peak, reached in 2011,

source: bloomberg.com