BloombergNEF: Total investment into geothermal $1.8 bn in 2018
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.