Clean energy investment hits lowest level for two years in first quarter

LONDON: Global clean energy investment in the first quarter of this year fell to its lowest quarterly level for two years, as large deals slowed in China, Europe and Brazil, research showed on Friday.

Investment in renewable energy such as wind and solar power and biomass fell to $50.5 billion in January to March compared with $59.3 billion in same quarter last year, Bloomberg New Energy Finance (BNEF) said in a report.

The last quarter to show weaker investment was the first  ..

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