Global Geothermal Experiences a 39% Drop in Investment in 2012 (Silicon Republic)
New data from Bloomberg New Energy Finance (BNEF) suggests that clean energy investments dropped by 11% in 2012 due to factors such as regulatory uncertainty and policy changes, especially in big markets such as the US, Spain, India and Italy.
The latest BNEF figures indicate that the US$268.7bn invested in the clean-energy space in 2012 was down from the US$302.3bn invested in 2011. Despite this, Bloomberg said that last year's investment figure was the second highest ever for the clean-energy sector, and five times higher than 2004 figures.
Geothermal experienced a 39% drop to US$1.8bn. Small hydro (projects of less than 50 MWe) was the only clean-tech sector that showed growth in 2012.
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