BNEF: Germany hits new low in clean energy investment while world hits record 2016-01-22

        A new report out from Bloomberg New Energy Finance (London, New York) shows 2015 clean energy investment numbers hit an all-time global record with USD 329 billion spent. The amount of renewables installed also hit a record with 64 GW of wind; 57 GW of solar PV globally.

       However clean energy investment in Germany dropped to its lowest level in a decade with USD 10.6 bn invested.

In 2015, clean energy investment in Germany dropped to its lowest level in a decade with USD 10.6 bn invested

German reduction in small-scale PV FiT has led to lower rooftop solar build out

“The slump was mainly driven by a drop in small-scale solar investment and utility-scale wind investment,” comments BNEF Associate, Luke Mills.

       “Reduction in the small-scale solar feed-in tariff (FiT) has led to lower rooftop solar build out. This, along with decreasing equipment prices, has impacted the total amount invested.”

        “For wind, the current wind FiT does not work well with the current space constraints in Germany as projects in less windy areas are not adequately supported. Repowering has become an important role in the German market, but it has not taken off quite the way everyone had hoped due to planning regulations and restrictions.”

       Germany placed sixth overall for clean energy investment behind China, the US, Japan, UK and India.

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