Clean energy investment in 2011 revised up to record $280bn

Revision to last year’s total coincides with publication today of major
report, Global Trends in Renewable Energy Investment 2012

London and New York, 11 June 2012 – Bloomberg New Energy Finance has
today revised up its figures for clean energy investment in 2011, to a
record $280bn. This reflects new information on the financing of projects
that has come to light since January1.

The revision takes last year’s total even further into record territory
– transactions recorded on Bloomberg New Energy Finance’s database now
show that investment increased 13% last year, from the previous all-time
high of $247bn recorded in 2010. The 2011 figure is more than five times
the $53bn total achieved in 2004.

The revised data coincide with today’s publication of the annual report
Global Trends In Renewable Energy Investment, commissioned by UNEP’s
Division of Technology, Industry and Economics (DTIE) in cooperation with
Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy
Finance and written in collaboration with Bloomberg New Energy Finance.
This influential, 82-page report explores the drivers behind renewable
energy investment worldwide, and the threats facing it, illustrated by more
than 60 charts.

The report and the accompanying press release can be downloaded on Monday
by clicking on http://fs-unep-centre.org and http://www.unep.org
respectively.

The report shows that renewable energy investment in 2011 rose 17% to a
record $257bn (this is some $23bn below the figure mentioned above for
clean energy, which includes outlays on energy-smart technologies such as
smart grid, advanced transportation and efficiency and those on low-carbon
services and support, as well as investment in renewable power and fuels).

Bloomberg New Energy Finance aggregates these totals from its proprietary
Desktop database containing the key financial details of projects and
investment deals worldwide in clean energy and carbon. The database
features 52,500 organisations (including start-ups, corporate entities,
venture capital and private equity providers, banks and other investors),
33,500 projects and 30,500 investment transactions.


For further information:
Angus McCrone
Bloomberg New Energy Finance
+44 (0) 203 216 4795
amccrone1@bloomberg.net


1In January, Bloomberg New Energy Finance estimated that global clean
energy investment in 2011 was $260bn. This figure was revised up to $263bn
in April, and has now been raised to $280bn.



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