Clean Energy Investment Rises 24%, Spurred by China Surg

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Investment in clean energy rose 24 percent to $56.9 billion in the second quarter compared with the first, led by a surge in expenditure in China, Bloomberg New Energy Finance said.

Spending in China jumped 92 percent in the period to $18.3 billion as several large solar photovoltaic parks and wind farms secured hundreds of millions of dollars in financing, New Energy Finance said today in an e-mailed statement.