by Brianna Crandall — March 14, 2011—Clean energy investment worldwide during 2010 totaled $243 billion, a rise of 30 percent from 2009, and surpassed all previous levels since records began in 2004, according to Bloomberg New Energy Finance. The numbers show promise for future growth, a Bloomberg New Energy Finance executive said.
The financial research group released the tally on March 2 when it announced the winners of its 2010 league tables of leading investors and financial service providers in clean energy and the carbon markets, explains a summary from the U.S. Office of Energy Efficiency and Renewable Energy (EERE).
According to the report, the 2010 recovery was fueled largely by the wind sector and by substantial growth in clean energy use in China, where investment rose 50% in 2010 to $51.1 billion.
The 2010 Clean Energy League Tables are based on results from Bloomberg New Energy Finance’s database of financial transactions in clean energy and carbon markets. The tables provide a quantitative benchmark for clean energy investors, project financiers, investm,ent banks, funds, carbon off-takers and law firms. The report, now in its sixth year, is produced annually.