Bloomberg NEF: Solar Investment Declined 24% in 2018, but Capacity Reached Record Levels

By [email protected] Solar investment fell in 2018, according to new data out from Bloomberg New Energy Finance, dropping nearly a quarter from 2017. At the same time, Bloomberg NEF said it was a record year for solar capacity, which topped 100 gigawatts.

Total global clean energy investments were down 8 percent over 2017 according to the research firm, ringing up at $332.1 billion compared to $361.7 billion in 2017. Based on falling capital costs and a market thrown off-kilter by policy developments in China, Bloomberg NEF said “the most striking shifts were in solar.”

“What we have is a sharp slowing in

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