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Q3 2012 Clean Energy Policy & Market Briefing, prepared for Clean Energy Ministerial
Weak Q3 puts clean energy on track to 2012 investment drop
Policy uncertainty, market overcapacity, lower priced equipment and challenging times for manufacturers contributed to a disappointing Q3 2012 for new clean energy investment. In all, wind, solar, biofuels, and similar new energy technologies attracted $56.6bn in new capital worldwide. That not only marked a 5% drop from Q2 2012 and a 20% fall from Q3 2011, but also virtually assured the industry will post its first year-on-year drop in annual investment in at least eight years.
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Ethan Zindler Global Head of Clean Energy Policy Bloomberg New Energy Finance email@example.com @EthanAll Follow Bloomberg New Energy Finance on Twitter @BloombergNEF