Driven by small-scale solar, global clean energy investments rise in Q1'14

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Global investment in clean energy rose nearly 10% in the first quarter of 2014, to $47.7 billion, due mainly to strong investments in small-scale solar in countries like Japan and the U.S., Bloomberg New Energy Finance said April 16.

Investments in small-scale solar saw a 42% jump in the first quarter of 2014 as households and businesses in countries such as Japan and the U.S. took advantage of the big decline in the cost of photovoltaic systems over recent years. Investment in clean energy worldwide in the first quarter of 2013 was $43.6 billion, according to BNEF.

Read the full story from SNL

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