Renewable Energy Anyone?
Record $ Invested in Renewable Energy as Solar and Wind Again Topped the List as Clean Energy Attracts Record $329 Billion Global Investment in 2015!
As we focus our efforts on being an investment bank that is providing soulful solutions for purposeful people and conscious companies, we are inspired by continued news that support sustainable investing.
Michael Liebreich, chairman of the advisory board at Bloomberg New Energy Finance, said: “These figures are a stunning riposte to all those who expected clean energy investment to stall on falling oil and gas prices. They highlight the improving cost-competitiveness of solar and wind power, driven in part by the move by many countries to reverse-auction new capacity rather than providing advantageous tariffs, a shift that has put producers under continuing price pressure.
The latest figures from Bloomberg New Energy Finance show dollar investment globally growing in 2015 to nearly six times its 2004 total and a new record of one third of a trillion dollars. Read more of the Bloomberg article.
Also in a recent article posted in Mashable by Andrew Freeman shares the details a new report finds that, in 2015, a record-breaking $286 billion was invested in renewable energy capacity worldwide. This was more than double the $130 billion that went toward coal and natural gas, according to the data produced by Bloomberg New Energy Finance, the Frankfurt School and the U.N. Environment Program. Read the full Mashable article.
All good news for sustainability!