Antinuclear

The investment rose to US$53.1 bn, led by the US, which saw investment jump 155% compared to a weak first quarter, to reach US$9.5 bn, and China (up 63% at US$13.8 bn) and South Africa (up from almost nothing in Q1 to US$2.8 bn in Q2).

China was the largest investor in clean energy in Q2, followed by the US. Third on the list was Japan, down 5% at US$7.6 bn followed by South Africa and Australia, up nearly sixfold at US$2.3 bn. Among European countries, Germany led the way with US$1.9 bn, but this was down from US$6.3 bn in Q1. The UK was second with US$1.7 bn, down from$2.8 bn, with France at US$1.2 bn, up from $919 m, and Italy, also at US$1.2 bn, down from $1.3 bn……..

The biggest category of investment between April and June 2013 was asset finance of utility-scale projects such as wind farms and solar parks. This was US$31.9 bn, up 39% on the first quarter but down 21% year-on-year. Among the projects financed were Mid American Renewables’ 681MW Solar Star photovoltaic project in California, at US$2.5 bn, and EDF’s Blackspring Ridge wind farm phase one, at 299MW and US$588 m, in Alberta, Canada.

Investment in small-scale PV projects of less than 1MW continued to be another busy area of activity, accounting for US$17 bn of outlays in the second quarter, in line with Q1, but down 15% year-on-year, largely because of reductions in the cost of PV panels. Public markets’ investment in clean energy companies totalled US$3.8 bn in Q2, up from US$1.4bn in Q1 and the highest quarterly figure for two years. The biggest deal was a US$1.4 bn initial public offering by New Zealand-based geothermal developer Mighty River Power, followed by a US$660 m convertible issue by US electric carmaker Tesla Motors. Tesla also raised US$360m via an issue of ordinary shares.

During the second quarter, clean energy shares rose nearly 14%. The Wilder Hill New Energy Global Innovation Index, or NEX, which tracks the performance of 98 clean energy stocks worldwide, was at 151.32 on Tuesday this week, up from a nine-year low of 102.20 reached in July last year……http://www.renewableenergyfocus.com/view/33424/rise-in-global-clean-energy-investment/