Europe: renewable energy capacity investment 2018, by sector

Renewable energy technologies generate energy from resources naturally replenishable in a human time scale and thus, foster the transition towards decentralization of energy production and decarbonization. Investment, be it in the form of asset finance of utility-scale projects from internal company balance sheets, loans, equity capital, or financing of small-scale projects, is crucial for the development of new capacities and expansion of the sector.

Renewable energy technologies

With more than 24 billion U.S. dollars in capacity investment, onshore wind was the leading technology in Europe in 2018. Solar PV and offshore wind also received high interest through investments with 19.2 and 12.6 billion U.S. dollars respectively.

Renewable energy investment in Europe

In 2018, Europe came second after China in terms of new investment in renewable energy globally. In the same year, a total of 14 European countries attracted investments of over one billion U.S. dollars. Spain registered not only the second largest investment value but also the highest annual growth rate at almost 860 percent compared with 2017.

Value of renewable energy capacity investment in Europe in 2018, by sector

Investments in billion U.S. dollars
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Sources

Release date

September 2019

Region

Europe

Survey time period

2018

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