Global investment in clean energy fell to its lowest levels in five years during the first half of 2019, because of a sharp drop in Chinese renewable energy projects.
Investment in clean energy slipped to $117.6bn, a decline of 14 per cent compared with the same period last year, according to new research from Bloomberg New Energy Finance.
A sudden change in China’s renewable energy policies last year — when it curbed solar and wind subsidies — has dramatically reduced the number of new projects in the world’s largest market.
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