Clean Energy Investment Exceeds $300bn in 2018, a summary:
Global clean energy investment totaled $332.1 billion in 2018, down 8% from 2017.
2018 was the fifth year in a row in which investment exceeded the $300 billion mark.
Total investment in solar dropped 24% to $130.8 billion due to declining capital costs as well as a sharp change in policy between the US and China.
Offshore wind projects featured strongly, attracting $25.7 billion, up 14% from 2017. (Note: The largest was the 950MW Moray Firth East array, at an estimated $3.3 billion.
Europe saw clean energy investment leap 27% to $74.5 billion, helped by the financing of five offshore wind projects in the billion-dollar-plus category.
Global venture capital and private equity investment jumped 127% to $9.2 billion, the highest since 2010. The biggest deals were $1.1 billion of expansion capital for U.S. smart-window-maker View, and $795 million for Chinese electric vehicle firm Youxia Motors.