Clean energy investment reached $64.8bn in Q2 2017, a 12% decline compared with Q2 2016. However, the investment total is "quite firm" when the falling costs of clean energy development are considered, said Abraham Louw, an analyst at Clean Energy by Region. The financing of two photovoltaic projects in Abu Dhabi and Dubai, 1.2GW and 800MW, respectively, jointly contributed $1.9bn to the Q2 total.
Clean energy investment reached $64.8bn in Q2 2017, a 12% decline compared with Q2 2016. However, the investment total is "quite firm" when the falling costs of clean energy development are considered, said Abraham Louw, an analyst at Bloombeg New Energy Finance. The financing of two photovoltaic projects in Abu Dhabi and Dubai, 1.2GW and 800MW, respectively, jointly contributed $1.9bn to the Q2 total.