A report by Fortune has shown that investors and governments put $330bn into clean energy last year. The bulk of that funding (about $200bn) went to industrial-sized projects that provide clean power to utilities. About a third of the funding occurred in China amid increasingly aggressive support for solar and wind projects by the Chinese government. Investors in the US and European countries spent about half of China’s clean energy funding. Another $67bn went to installing solar panels on rooftops and to smaller solar projects on the ground. The public markets added another $14bn in funding to clean energy companies. In comparison to the growing number of financing options, venture capitalists and private equity investors were still unwilling to invest much into energy tech startups.
A report by Bloomberg New Energy Finance has shown that investors and governments put $330bn into clean energy last year. The bulk of that funding (about $200bn) went to industrial-sized projects that provide clean power to utilities. About a third of the funding occurred in China amid increasingly aggressive support for solar and wind projects by the Chinese government. Investors in the US and European countries spent about half of China’s clean energy funding. Another $67bn went to installing solar panels on rooftops and to smaller solar projects on the ground. The public markets added another $14bn in funding to clean energy companies. In comparison to the growing number of financing options, venture capitalists and private equity investors were still unwilling to invest much into energy tech startups.