Investment

Investment in clean and renewable energy is at record levels. The U.S. now leads global clean energy investment, clean technology is the leading venture capital category, major new clean energy investment funds have recently launched, and innovative firms are raising tens of millions in new funding. While the sector is not without the challenges facing any growing industry, there is clear and broad financial support for clean and renewable energy.

Key Stats

  • 67%: Percent of Americans that want the government to spend more money on solar energy and wind energy development. (Source: Gallup, http://bit.ly/1fN5UtH)
  • $13.7 billion: Value of all solar systems installed in the U.S. in 2013 (Source: SEIA, http://bit.ly/1dqMFsh)
  • $254 Billion: Global investment in renewable energy in 2013. (Source: Bloomberg, http://bloom.bg/1aoin4B)
  • $1 billion: The investment in wind energy from Maine. Companies in Massachusetts and Connecticut recently signed contracts to import 738MW of Maine wind power. (Source: Portland Press Herald, http://bit.ly/1huxIUa)
  • $8.4 billion: The size of the DOE’s Advanced Vehicle Loan Portfolio. Loans have been given to both major car companies, such as Ford and Nissan, to make existing car models cleaner and more efficient, as well as start up comapanies, such as Tesla and Fisker, to innovate new technologies (Source: Earth Techling, http://bit.ly/18CGASv)
  • $1 billion: The amount that Google has pledged to invest in renewable energy. The company hopes to eventually get 100% of its energy from renewable sources (Source: Google Corporate Website, http://bit.ly/LPkvVM)
  • $1.79 billion: Private investments made as a result of Michigan’s Renewable Portfolio Standard (RPS) through 2012. (Source: Michigan Public Service Commission, http://1.usa.gov/ZhiN8e)
  • $2.2 billion: Private clean energy investments from venture capital and private equity raised in 2012 for so-called energy smart technologies including efficiency products and equipment for the electricity grid. (Source: Bloomberg, http://bloom.bg/Ztr5ds)
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Latest News

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Resources

Advanced Energy Now: 2014 Market Report

— Advanced Energy Economy, February 2014, http://bit.ly/1jfOPfD

Closing the Clean Energy Investment Gap Must Happen to Prevent Climate Catastrophe

— Tree Alerts, January 2014, http://bit.ly/1i17jT0

See More »

Quotes

“The market is really vibrant, with lots of transaction potential…It is absolutely core to the success of the company.”

— Catherine B. Pessant, Global Technology and Operations Executive, Bank of America – June 2012, http://nyti.ms/MyOUI3

“We are all-in. We are going to invest what it takes … Because I know by 2020 this is going to be at least a $1 billion product line. I don’t care about Solyndra or any of that other stuff.”

— Jeff Immelt, CEO, General Electric – November 2011, http://reut.rs/sSfhk1

“It’s our hope that more and more of these deals get done.”

— Chris Yonan, project finance director at Barclays Capital – March 2012, http://bloom.bg/yIaBfs

“The progress of renewables has been nothing short of remarkable. You have record investment in the midst of an economic and financial crisis.”

— Achim Steiner, United Nations Environment Program Executive Secretary — November 2011, http://lat.ms/tm01Ty

Clean energy investing “is another emerging opportunity we think will be quite large.”

— Stuart Bernstein, head of Goldman Sachs clean technology and renewables investment banking group – May 2012, http://reut.rs/JIKpzg

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