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BloombergNEF: Total investment into geothermal $1.8 bn in 2018

Clean Energy Investment 2005-2018 (source: Bloomberg New Energy Finance)
Alexander Richter Alexander Richter 18 Jan 2019

Total investment in clean energy technology amounted to $332 billion in 2018 down 8% over 2017 according to new data from Bloomberg New Energy Finance. Total geothermal investment was $1.8 billion in 2018.

In its annual overview on clean energy investments, Bloomberg New Energy reports that overall investments once more exceeded $300 billion in 2018, with a total investment of $332.1 billion down 8% on 2017.

The largest share of investment was in solar, or around $130.8 billion, followed by wind with $128.6 billion (of which around $101 billion is for onshore wind).

Geothermal energy investment rose 10% in 2018 over 2017, with a total investment volume of $1.8 billion.

The leading countries in terms of investing in clean energy are Japan ($27.2 billion), India ($11.1 bn), Germany $10.5 bn) with all three having seen a decrease in investments of Japan 16%, India 21% and Germany 32%.

No further details on geothermal investments in 2018 have been shared.

Source: Bloomberg New Energy Finance, more details via BloombergNEF