Investors purchased $10.8 billion worth of PV projects in 2011

Investors purchased $10.8 billion worth of PV projects in 2011

19.07.2012: According to a new report published by Bloomberg New Energy Finance (BNEF), investors around the world acquired 3.9 GW of approved and operating photovoltaic projects in 2011. Jointly, these projects are worth an estimated $10.8 billion. BNEF reports that the amount of gigawatt capacity purchased in 2011 was up 122% year on year. This was due in large part to new policies in Europe aimed at trying to contain the development of new PV projects. These policies have driven investors to invest in solar projects that have already obtained permits (1.1 GW) or in those that are already in operation (2.8 GW). Italy was the most active market for investments in PV projects in 2011, with 540 MW of projects changing hands. … Source: Bloomberg New Energy Finance; Summary: PHOTON http://www.bnef.com http://www.bnef.com/PressReleases/view/236 The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/67740.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com