Global Investment in Clean Energy Declines in Third Quarter
Investors worldwide injected 25.9 billion U.S. dollars in clean energy development in the third quarter, down 22 percent from the same quarter last year, a research group said on Friday.
The investment was 9 percent less than the second quarter's 28. 6 billion dollars, but almost double the 13.3 billion invested in the first quarter, when the sector suffered a collapse, London- based New Energy Finance said.
Improved public markets and the delivery of "green" stimulus funds pledged by major economies helped boost the clean energy investment, analysts said.
The group also adjusted its forecast for the full-year investment to between 105 billion and 115 billion dollars. It's previous estimate was between 95 billion and 115 billion.
New Energy Finance provides industry information and analysis to investors, corporations and governments in clean energy, low carbon technologies and the carbon markets.
(chinamining.org Oct. 2009)