US Hit Record $55.5B Renewables Investments In 2019
A last-minute push from U.S. investors on wind in response to the Production Tax Credit winding down, as well as bullish investments from Europe and China on offshore wind, led to a surge in investments at the end of 2019, momentum that's anticipated to carry through 2020, according to BloombergNEF. "What was looking like quite a quiet year really kind of changed in the last few months with all these offshore wind deals coming through," Chief Editor at BloombergNEF Angus McCrone told Utility Dive.