From January to June, global wind power investment reached US$57.2 billion, a year-on-year increase of 33%

According to the latest clean energy investment report released by Bloomberg New Energy Finance, in the first half of this year, global wind power investment reached 57.
2 billion US dollars, a year-on-year increase of 33%.

However, solar investment fell 19% year-on-year to $71.
6 billion
.

It can be seen that clean energy investment, represented by solar and wind energy, has shown a stable state, although China, the largest clean energy investor, has slowed down its investment
in solar energy.

Overall, global clean energy investment remained stable in the first half of this year compared with the same period last year, reaching $138.
2 billion.

This investment trend is expected to continue until the end of the
year.
Angus McCrone, chief editor of Bloomberg New Energy Finance, said, "Solar energy will continue to cool
in the Chinese market.
”

Globally, wind power investment is growing rapidly
.
The largest single wind deal was the Beihai offshore wind farm with $1.
5 billion investment, followed by the onshore wind farm in North Texas with $1 billion investment, and an offshore wind project off the coast of Taiwan with $627 million
.

Regionally, U.
S.
wind investment surged to $17.
5 billion in the first half of the year, more than
double the first half of 2017.
That's because developers are working to complete investments
ahead of federal tax credits that are planned to end after 2019.

Wind investment also grew in China, rising to $17.
6 billion in the first half of the year.

Solar is a different state entirely, with investment falling 29% to $35.
1 billion
.
This is partly because the Chinese government's "531 PV New Deal" plan is slowing the pace
of solar development.

But China isn't the only reason
solar investment is lagging.
The average price of solar panels fell 19%
in the last year.
This means that solar farms are cheaper to build and therefore require less
investment.