Global clean energy investment in the third quarter fell 6% year-on-year to $67.8 billion

According to from research firm Bloomberg NEF (BNEF) , the latest authoritative data 2018global clean energy investment in the third quarter of 2019 was 678US$100 million, down 6% from the same period last year.。

The dip in the July-to- 9March quarter pushed investment in the first three quarters of the year down 2% from a year earlier , but also leaves open the 2018possibility that the year overall will eventually match last year's total, especially if dozens are completed by Christmas. billion dollar offshore wind deals.

Equity financing by specialist electric vehicle companies in its total clean energy investment was a notable bright spot in the most recent quarter, BNEF said.NIO’s $100 million IPO 10, Guangzhou Xiaopeng Motors a 5.85$100 million Series C venture capital round, and Zhejiang Dianka Auto’s 2.94$100 million pre-IPO IPO.

head of transport analysis at BNEF Colin McKerracher , , said more money was chasing China's electric vehicle boom."We are seeing more and more companies raising capital as they look to jump from concept to mass production. But the market is looking more and more crowded and consolidation is likely to occur."

Looking at Q3 global investment data by type, asset financing for utility-scale renewable energy projects reached 493$100 million 2017, down 15% from the third quarter of the year , while purchases 1MW totaled of small solar systems less than 135$100 million, up a year ago 9%。

Public market investment in clean energy rose 120% to 31$100 million, helped by the aforementioned NIO listing, as well as a 13$100 million convertible bond from waste-energy specialist China Everbright International and a $100 million investment by U.S. fuel cell developer Bloom Energy . 3.11billion dollar IPO 。

Venture capital and private equity VC/PE investment increased even more, reaching 378% , with a cumulative scale of 24US$100 million.2018Venture capital and private equity funding for specialty clean energy companies has reached 75$100 million in the first nine months, making this 2011the strongest year at least for the year.2018The six largest VC/PE new equity deals so far this year have all involved Chinese electric vehicle companies, including the two mentioned above.

The top three renewable energy asset financings during the quarter were the 860megawatt Triton Knoll project in UK waters with an investment cost of 26US$100 million, Enel Green Power ’s portfolio in South Africa with a 706megawatt investment of US$100 million, and 14the Guohuadongtai Offshore in Chinese waters. The fourth phase of the wind farm is 300MW , with an investment of about 12US$100 million.

By country, China was once again the largest investor in clean energy in the third quarter, with 267US$100 million, slightly higher than 2017the figure for the same period last year.However, there is another sign of an important change in expectations: China's 531PV policy has slowed the growth of solar installations in the country.In the third quarter, Chinese solar investment was 142US$100 million, down 23% year-on-year。

Other countries and regions that invested more than $100 million in clean energy in the third quarter 10were:

Europe 134billion US dollars, an increase of 1% year-on-year;

Germany 13$100 million, down 49% year-on-year;

India 15billion US dollars, an increase of 14% year-on-year;

US$100 million in Japan 40, down 21% year-on-year;

Netherlands 11billion US dollars, 4doubled year-on-year;

South Africa 26's $100 million, 90doubled year-on-year, making 2018annual investment the highest in five years;

Spain 19's $100 million 11doubled, making 2018annual investment 2011the highest in years;

Turkey 12billion US dollars, a year-on-year increase of 25%;

UK 29$100 million, down 46% year-on-year;

US 114$100 million, down 20% year-on-year。