Real Assets
China hit record levels of clean energy investment in 2017, according to the latest annual analysis from Bloomberg New Energy Finance. The country increased its clean energy spending last year by 24 percent, to a total of $132.6 billion. Most of that money, $86.5 billion, went to solar. BNEF estimates China installed a “runaway” 53 gigawatts of PV capacity in 2017, which is approximately 20 more gigawatts than analysts originally projected. GTM Research estimates the country’s total installs just under that number, at 52 gigawatts. And China wasn’t the only record-setter, according to BNEF.