RenewableS 2013 GlObal STaTUS RePORT - REN21

TABLE R9. GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT, 2004–2012
Category 2004 2005 2006 2007 2008 2009 2010 2011 2012
Billion USD
New Investment by Stage
1 Technology Research
Government R&D 2.0 2.1 2.3 2.7 2.8 5.2 4.7 4.7 4.8
Corporate RD&D 3.0 2.9 3.3 3.6 4.0 4.0 4.6 4.8 4.8
2 Development/Commercialisation
Venture Capital 0.4 0.6 1.2 2.2 3.2 1.6 2.5 2.6 2.3
3 Manufacturing
Private Equity Expansion Capital 0.3 1.0 3.0 3.7 6.8 2.9 3.1 2.6 1.4
Public Markets 0.3 3.8 9.1 22.2 11.6 12.5 11.8 10.6 4.1
4 Projects
Asset Finance 24.8 44.0 72.1 100.6 124.2 110.3 143.7 180.1 148.5
(re-invested equity) (0.0) (0.1) (0.7) (3.1) (3.4) (1.8) (5.5) (3.7) (1.5)
Small distributed capacity 8.9 10.5 9.8 14.3 22.5 33.5 62.4 77.4 80.0
Total New Investment 39.6 64.7 100.0 146.2 171.7 168.2 227.2 279.0 244.4
5 M&A Transactions 8.6 25.9 35.6 58.6 59.4 64.3 57.8 73.5 52.2
Total Investment 48.4 90.7 135.6 204.7 231.0 232.5 285.8 352.5 296.7
New Investment by Technology
Solar power 12.3 16.4 22.1 39.1 59.3 62.3 99.9 158.1 140.4
Wind power 14.4 25.5 32.4 57.4 69.9 73.7 96.2 89.3 80.3
Biomass and waste-to-energy 6.3 8.3 11.8 13.1 14.1 13.2 13.7 12.9 8.6
Hydro