Schlagwort: financed

Europe invested €17bn in new wind in 2022, the lowest since 2009

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Europe invested just €17bn in new wind farms in 2022

Europe invested just €17bn in new wind farms in 2022. That’s down from €41bn in 2021 and the lowest investment figure since 2009 – a stark warning to Governments and policymakers. The EU wants to accelerate the build-out of wind energy to strengthen its energy security and ensure affordable electricity prices.

Industry maturity and competition for green assets bring €51bn of wind energy investments in 2017

Europe invested a total of €51.2bn in wind energy in 2017.  The development of new farms accounted for €22.3bn of this. This is according to WindEurope’s ‘Financing and Investment Trends’ report released today. The rest of the investment went on the refinancing of existing wind farms, the acquisition of projects and of companies involved in wind and on public market fundraising. The total investment figure was 9% up on 2016.

The €22bn invested in new wind farms was down on the €28bn invested in 2016.  But it covered more capacity – 11.5 GW compared to 10.3 GW – reflecting the falling costs of wind energy.

WindEurope Chief Policy Officer Pierre Tardieu: “With €51.2bn, wind energy accounted for half of all power sector investments in 2017. It’s delivering more capacity for less money. This is largely due to increased competition in auctions and technology advances that are driving cost reductions in the supply chain.”