14 DAY TRIAL // According to a recent report pieced together by the folks at Clean Energy Pipeline, investments made in the global clean energy sector during the first quarter of 2014 amounted to an impressive $61 billion (€44.12 billion).
The same report says that, when compared to overall investments made in clean energy during the corresponding period in 2013, i.e. $53.4 billion (€38.62 billion), the ones documented this year represent a 14% increase.
“New clean energy investment was encouraging in the first quarter of 2014, marking a welcome change from recent analysis where we have been reporting year-on-year declines,” Douglas Lloyd, the current CEO of Clean Energy Pipeline, commented on these findings. Click Green informs that, according to information at hand, clean energy project finance volumes reported during the first quarter of 2014 amounted to $36.6 billion (€26.47).
By comparison, their value in the fourth quarter of 2013 was one of $36.5 billion. During the corresponding period in 2013, however, they were documented to amount to just $31.1 billion (€22.49 billion), the same source details.
Interestingly enough, it would appear that the value of project finance activity stayed high despite a 14% drop in the total number of deals.