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Home / Solar Power / Global clean energy investment at $61.1 billion in 1Q 2018

Money. Jobs. Keeping the planet usable. Last year, globally, solar capacity investment was greater than coal, oil, gas and nuclear combined. This year we’re not sure if investment amount will go up or down, but we do know the total capacity will go up (this 1st quarter value is 10% lower than Q1’2017).

SOURCEBreaking investment down by type, the first quarter saw a 16% fall in the asset finance of utility-scale renewable energy projects worldwide, to $44.3 billion, but there was a 16% rise to $14.3 billion in the funding of small solar systems of less than 1MW. Wind investment showed a rise of 10% in the first quarter to $18.9 billion, while biomass and waste-to-energy declined 29% to $679 million, geothermal rose 39% to $1 billion and small hydro-electric projects of less than 50MW attracted $538 million, down 32%.

By John Fitzgerald Weaver

John Fitzgerald Weaver is a solar developer; known digitally as the 'Commercial Solar Guy.' As a project developer and installer, he’s sold and managed 50+ solar projects, valued over $25 million, ranging in size from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain –- as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier. In his free time he tries to get away and clear his mind by climbing mountains, or more regularly by enjoying an IPA or scotch, and really loves the strange connection between politics, energy, finance, and environment in the energy world.

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