Summer lull in Europe, Asia slowdown make for weak clean energy investment in third quarter

Global clean energy investment had its weakest quarter since 2013 between July and September this year, under the impact of a summer lull in offshore wind financings in Europe and a further stage in the slowdown seen this year in project funding in China and Japan.
Investment in renewable energy and energy smart technologies worldwide totalled $42.4bn in the third quarter of 2016, down 31% from the second quarter and a striking 43% from the equivalent three- month period of 2015, according to the latest authoritative data from Bloomberg New Energy Finance. …