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Worldwide investment in clean energy 2004-2019

In 2019, the total new investment in renewable energy amounted to approximately 302 billion U.S. dollars worldwide. This was a two percent increase from the previous year.

The amount of funding provided for clean energy worldwide has steadily increased over the last two decades. In 2004, clean energy investments totaled just under 37 billion U.S. dollars and increased to a peak of 331 billion U.S. dollars in 2017. The significant increase in investment funding indicates that the industry has matured greatly. Policy support for renewable sources, an accelerating industry, and the emergence of publicly listed companies that own renewable energy assets (also known as yieldcos) have driven the steady rise in clean energy investment.

Investment is highest for both solar and wind

There are many sources of renewable energy available these days, such as biomass and waste-to-energy, geothermal and marine. However, investment in solar and wind energy is by far the highest. Global investment in solar energy has soured since 2004, rising from just over 10 billion U.S. dollars to more than 140 billion U.S. dollars.

China leads the way

The countries with the highest investment in renewable energy are China and the United States, with investment in the former amounting to 90 billion U.S. dollars in 2019. However, this was a slight decrease from the previous year whilst investment in the United States experienced growth of 25 percent.

New investment in clean energy worldwide from 2004 to 2019

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Release date

June 2020



Survey time period

2004 to 2019

Supplementary notes

*According to the source, total values include corporate and government R&D, VC/PE, public markets, small distributed capacity and asset finance. Asset finance volume adjusts for re-invested equity. Total values include estimates for undisclosed deals. The figures do not include proceeds from acquisitions transactions.
Figures were restated in the 2020 edition of the report.

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Statistics on "Global renewable energy industry"

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