2014 energy market

In 2014, the wind energy market in the United States grew sixfold, but it was still dwarfed by the world leader in wind: China.

China’s 2014 wind installations were up nearly 40 percent over 2013’s, according to new data from Bloomberg New Energy Finance (BNEF). China installed 20.7 gigawatts last year, nearly half of the world’s total and more than four times the 4.7 gigawatts installed in the United States.

The strong figures for wind reflect a solid year for clean energy investment worldwide. Global clean technology investment was $310 billion in 2014, according to BNEF—up 16 percent from the previous year, but still a little lower than its peak of $317.5 billion in 2011.

Offshore wind saw record investment in 2014, but it was really rooftop solar photovoltaic installations that drove the rebound of clean energy overall.

About arnulfo

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