Weak Q3 puts clean energy on track to 2012 investment drop
Policy uncertainty, market overcapacity, lower priced equipment and challenging times for manufacturers contributed to a disappointing Q3 2012 for new clean energy investment. In all, wind, solar, biofuels, and similar new energy technologies attracted $56.6bn in new capital worldwide. That not only marked a 5% drop from Q2 2012 and a 20% fall from Q3 2011, but also virtually assured the industry will post its first year-on-year drop in annual investment in at least eight years.
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