In 2014, after a two-year dip in global clean energy spending, investors poured $310 billion into solar, wind, storage and energy efficiency.
Although yearly investment levels are below what IEA estimates are needed to address climate change, the increase shows that appetite for funding companies and projects is increasing. Some believe the investment figures prove that fossil fuels have already lost the long-term race to renewables.
This week, we’ll talk with Michael Liebreich, founder of Bloomberg New Energy Finance, about what the global numbers tell us.
Then, we’ll look at how renewables are factoring into the upcoming parliamentary elections in the UK.
Finally, we’ll talk about why the White House’s Quadrennial Energy Review is so important for planning the future grid.
This podcast is sponsored by ReneSola, a Tier 1 solar cell and module manufacturer with a decade of experience in the cleantech industry.
The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey.