Post by account_disabled on Feb 22, 2024 1:17:47 GMT -5
Study by Bloomberg shows that global investment in clean energy fell by 22% to the lowest level in four years as subsidies for wind and solar energy fell.
According to Bloomberg New Energy Finance , while clean energy investment was $ 40.6 billion in the first three months of 2013 , the figure was lower than any quarter since 2009 and compared with $ 52 billion in the same period last year.
Wind and solar power manufacturers are suffering from falling prices, from Vestas Wind Systems , which saw its stock price drop last year, to closing its only U.S. manufacturing plant and filing for bankruptcy in China.
According to Bloomberg , the photovoltaic module utilization Bulgaria WhatsApp Number rate in March was 81% lower than in 2008 . While low prices are good news for some, like solar retailer SolarCity , which is expanding into Nevada and benefiting from a glut of low-cost components.
A Bloomberg study found that U.S. investment in renewable energy, energy efficiency and energy-saving technologies fell 54% from last year to $ 4.5 billion ; China ’s investment in renewable energy, energy efficiency and energy-saving technologies Capital fell by 15% from last year to US$ 8.8 billion ; while in Europe it fell by 25% to US$ 13.4 billion . . Although Japan bucked the trend and rose to $ 8.2 billion.
Although the U.S. wind energy production tax credit was eventually extended , the delay contributed to a downturn in the industry . In Eastern Europe , Bulgaria and Romania have outlined plans to reduce subsidy support for existing projects , according to Bloomberg . Incentives for solar have also been reduced. According to a report from the Department of Energy's Lawrence Berkeley National Laboratory , solar incentives have declined by about 80% over the past decade.
According to Bloomberg , the largest decline in clean energy investment was in asset financing of utility- scale projects such as wind and solar parks , which refers to equity , debt and balance sheet funds, which fell 34% to $ 19.3 billion . Dollar. Japan is among the countries experiencing a surge in investment in alternative energy , likely due to the Fukushima earthquake and tsunami . Small-scale solar investment there more than doubled to $ 6.7 billion , according to the research group.
According to Bloomberg New Energy Finance , while clean energy investment was $ 40.6 billion in the first three months of 2013 , the figure was lower than any quarter since 2009 and compared with $ 52 billion in the same period last year.
Wind and solar power manufacturers are suffering from falling prices, from Vestas Wind Systems , which saw its stock price drop last year, to closing its only U.S. manufacturing plant and filing for bankruptcy in China.
According to Bloomberg , the photovoltaic module utilization Bulgaria WhatsApp Number rate in March was 81% lower than in 2008 . While low prices are good news for some, like solar retailer SolarCity , which is expanding into Nevada and benefiting from a glut of low-cost components.
A Bloomberg study found that U.S. investment in renewable energy, energy efficiency and energy-saving technologies fell 54% from last year to $ 4.5 billion ; China ’s investment in renewable energy, energy efficiency and energy-saving technologies Capital fell by 15% from last year to US$ 8.8 billion ; while in Europe it fell by 25% to US$ 13.4 billion . . Although Japan bucked the trend and rose to $ 8.2 billion.
Although the U.S. wind energy production tax credit was eventually extended , the delay contributed to a downturn in the industry . In Eastern Europe , Bulgaria and Romania have outlined plans to reduce subsidy support for existing projects , according to Bloomberg . Incentives for solar have also been reduced. According to a report from the Department of Energy's Lawrence Berkeley National Laboratory , solar incentives have declined by about 80% over the past decade.
According to Bloomberg , the largest decline in clean energy investment was in asset financing of utility- scale projects such as wind and solar parks , which refers to equity , debt and balance sheet funds, which fell 34% to $ 19.3 billion . Dollar. Japan is among the countries experiencing a surge in investment in alternative energy , likely due to the Fukushima earthquake and tsunami . Small-scale solar investment there more than doubled to $ 6.7 billion , according to the research group.