Dive Summary:
- With $65 billion in clean energy investments, China regained the top ranking in clean energy over the U.S. with $35.6 billion, according to Pew Charitiable Trusts research released today.
- Global clean energy investments declined by 11% in 2012 due to disappearing government incentives in many countries including the U.S. Record levels of government support were found in China and South Africa.
- Though clean energy investment is down, capacity increased by more than 11% as the result of clean energy installations producing 88 GW.
From the article:
“The United States fell to No. 2 as investment in the sector declined 37 percent, to $35.6 billion. In third place, Germany curtailed incentives and saw investment decline 27 percent, to $22.8 billion. Still, 7.5 GW of solar generating capacity were added in Germany—the most of any G-20 country.”