Global New Energy Buy-In Growing, Changing In 2021

Renewable Energy Investment Tracker, 1H 2021

August 3, 2021 (BloombergNEF)

“…Globally, there was $174 billion of new investment in renewable energy in 1H 2021, an all-time high for a first half. A decline in renewable energy project investment was offset by a huge increase in public market offerings of renewable energy companies…[Total investment figure was] up 1.8% from 1H 2020, but down 7% relative to a very strong second half of 2020…Renewable energy and related companies raised a total of $28.2 billion on public markets in 1H 2021, up 509% from last year. VC/PE expansion investment totaled $5.7 billion, up 111% on the previous year. Both figures represent all-time highs…

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…In contrast, investments in new renewable energy projects were down 12% from the same period in 2020, at $145.8 billion in 1H 2021. Investment in large and small-scale solar projects rose to a record-breaking $78.9 billion, up 9.5% from 1H 2020. However, wind financing was down 30.5% from 1H 2020, at $58 billion…China was the largest market yet again, investing $45.5 billion in the six months to June 30, but down 20% compared to the same period in 2020. Europe drew $35.21 billion, while the U.S secured $32bn…[Refinancing of projects, mergers, acquisitions and buyouts] totalled $68.3 billion in 1H 2021, up 17.6% year-on-year…” click here for more

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