Category Product Year Investment in USD billion

by Sector Solar PV 2013 106.08183

Source: IRENA and
by Sector Solar PV 2014 141.35708 2020, 2020, Interna
by Sector Solar PV 2015 146.80761
by Sector Solar PV 2016 121.56026 Details of the meth
by Sector Solar PV 2017 167.73072 can be found in the
by Sector Solar PV 2018 148.75369 Energy Finance, 20
by Sector Onshore wind 2013 64.88174
by Sector Onshore wind 2014 73.65095
by Sector Onshore wind 2015 104.00463
by Sector Onshore wind 2016 80.41688
by Sector Onshore wind 2017 103.49624
by Sector Onshore wind 2018 99.19182
by Sector Offshore wind 2013 7.13043
by Sector Offshore wind 2014 16.99407
by Sector Offshore wind 2015 27.48849
by Sector Offshore wind 2016 27.30459
by Sector Offshore wind 2017 22.63967
by Sector Offshore wind 2018 25.51846
by Sector Hydropower 2013 13.96551
by Sector Hydropower 2014 9.57729
by Sector Hydropower 2015 5.66875
by Sector Hydropower 2016 3.05083
by Sector Hydropower 2017 25.64804
by Sector Hydropower 2018 14.58241
by Sector Solar thermal including C 2013 18.50944
by Sector Solar thermal including C 2014 16.89729
by Sector Solar thermal including C 2015 20.52529
by Sector Solar thermal including C 2016 16.02885
by Sector Solar thermal including C 2017 14.09860
by Sector Solar thermal including C 2018 13.89033
by Sector Unknown 2013 16.84239
by Sector Unknown 2014 16.98302
by Sector Unknown 2015 23.61847
by Sector Unknown 2016 7.39304
by Sector Unknown 2017 9.50256
by Sector Unknown 2018 11.44208
by Sector Biomass 2013 8.61579
by Sector Biomass 2014 8.70134
by Sector Biomass 2015 7.49461
by Sector Biomass 2016 5.05402
by Sector Biomass 2017 3.22295
by Sector Biomass 2018 4.98626
by Sector Geothermal 2013 0.84306
by Sector Geothermal 2014 2.18748
by Sector Geothermal 2015 2.56808
by Sector Geothermal 2016 2.19157
by Sector Geothermal 2017 4.21791
by Sector Geothermal 2018 2.47768
by Sector Biofuels 2013 1.88670
by Sector Biofuels 2014 1.78813
by Sector Biofuels 2015 1.52645
by Sector Biofuels 2016 0.22934
by Sector Biofuels 2017 0.80922
by Sector Biofuels 2018 1.64769
by Sector Marine 2013 0.06455
by Sector Marine 2014 0.12571
by Sector Marine 2015 0.06855
by Sector Marine 2016 0.01909
by Sector Marine 2017 0.00000
by Sector Marine 2018 0.00000
by Region East Asia and Pacific 2013 64.78390
by Region East Asia and Pacific 2014 87.64876
by Region East Asia and Pacific 2015 120.96938
by Region East Asia and Pacific 2016 92.81577
by Region East Asia and Pacific 2017 130.26109
by Region East Asia and Pacific 2018 84.24220
by Region OECD Americas 2013 39.08725
by Region OECD Americas 2014 43.81203
by Region OECD Americas 2015 52.81536
by Region OECD Americas 2016 51.47269
by Region OECD Americas 2017 66.56150
by Region OECD Americas 2018 81.61416
by Region Western Europe 2013 53.01691
by Region Western Europe 2014 60.95259
by Region Western Europe 2015 75.10032
by Region Western Europe 2016 54.61658
by Region Western Europe 2017 46.28092
by Region Western Europe 2018 56.78719
by Region Latin America and the Ca 2013 14.97216
by Region Latin America and the Ca 2014 15.32625
by Region Latin America and the Ca 2015 18.20417
by Region Latin America and the Ca 2016 10.33987
by Region Latin America and the Ca 2017 12.64965
by Region Latin America and the Ca 2018 15.47396
by Region South Asia 2013 6.18207
by Region South Asia 2014 9.15958
by Region South Asia 2015 13.23728
by Region South Asia 2016 15.49067
by Region South Asia 2017 17.86599
by Region South Asia 2018 14.62047
by Region OECD Asia 2013 31.54966
by Region OECD Asia 2014 36.31815
by Region OECD Asia 2015 34.07197
by Region OECD Asia 2016 14.62785
by Region OECD Asia 2017 13.76311
by Region OECD Asia 2018 8.81819
by Region Unknown 2013 1.86642
by Region Unknown 2014 4.28986
by Region Unknown 2015 0.02441
by Region Unknown 2016 2.69959
by Region Unknown 2017 37.72660
by Region Unknown 2018 26.00939
by Region Middle East and North Afr 2013 3.93361
by Region Middle East and North Afr 2014 8.11594
by Region Middle East and North Afr 2015 5.95982
by Region Middle East and North Afr 2016 4.01031
by Region Middle East and North Afr 2017 9.83906
by Region Middle East and North Afr 2018 6.00057
by Region Transregional 2013 5.39222
by Region Transregional 2014 8.85626
by Region Transregional 2015 7.44332
by Region Transregional 2016 6.17432
by Region Transregional 2017 2.50177
by Region Transregional 2018 2.23954
by Region Sub-Saharan Africa 2013 5.88582
by Region Sub-Saharan Africa 2014 4.30159
by Region Sub-Saharan Africa 2015 5.48912
by Region Sub-Saharan Africa 2016 3.90443
by Region Sub-Saharan Africa 2017 3.95789
by Region Sub-Saharan Africa 2018 9.90529
by Region OECD Oceania 2013 4.96092
by Region OECD Oceania 2014 2.91069
by Region OECD Oceania 2015 2.82094
by Region OECD Oceania 2016 4.42849
by Region OECD Oceania 2017 7.00394
by Region OECD Oceania 2018 9.54238
by Region Central Asia and Eastern 2013 7.19050
by Region Central Asia and Eastern 2014 6.57065
by Region Central Asia and Eastern 2015 3.63484
by Region Central Asia and Eastern 2016 2.66789
by Region Central Asia and Eastern 2017 2.95441
by Region Central Asia and Eastern 2018 7.23707
by Financial Instrument Project-level market rate 2013 38.95865
by Financial Instrument Project-level market rate 2014 64.38995
by Financial Instrument Project-level market rate 2015 86.50125
by Financial Instrument Project-level market rate 2016 81.42939
by Financial Instrument Project-level market rate 2017 119.37395
by Financial Instrument Project-level market rate 2018 93.66877
by Financial Instrument Balance sheet financing ( 2013 0.00000
by Financial Instrument Balance sheet financing ( 2014 0.00000
by Financial Instrument Balance sheet financing ( 2015 90.14538
by Financial Instrument Balance sheet financing ( 2016 63.81975
by Financial Instrument Balance sheet financing ( 2017 89.73034
by Financial Instrument Balance sheet financing ( 2018 91.73106
by Financial Instrument Balance sheet financing ( 2013 86.84894
by Financial Instrument Balance sheet financing ( 2014 103.74817
by Financial Instrument Balance sheet financing ( 2015 33.69343
by Financial Instrument Balance sheet financing ( 2016 22.09553
by Financial Instrument Balance sheet financing ( 2017 93.93273
by Financial Instrument Balance sheet financing ( 2018 88.17973
by Financial Instrument Project-level equity 2013 95.92704
by Financial Instrument Project-level equity 2014 100.43847
by Financial Instrument Project-level equity 2015 111.07451
by Financial Instrument Project-level equity 2016 89.31222
by Financial Instrument Project-level equity 2017 34.77235
by Financial Instrument Project-level equity 2018 30.00555
by Financial Instrument Unknown 2013 0.03852
by Financial Instrument Unknown 2014 0.13265
by Financial Instrument Unknown 2015 10.04430
by Financial Instrument Unknown 2016 1.38885
by Financial Instrument Unknown 2017 7.70883
by Financial Instrument Unknown 2018 10.63445
by Financial Instrument Low-cost project debt 2013 15.41608
by Financial Instrument Low-cost project debt 2014 17.22896
by Financial Instrument Low-cost project debt 2015 7.36718
by Financial Instrument Low-cost project debt 2016 4.15526
by Financial Instrument Low-cost project debt 2017 4.46359
by Financial Instrument Low-cost project debt 2018 6.71326
by Financial Instrument Grant 2013 1.63222
by Financial Instrument Grant 2014 2.32416
by Financial Instrument Grant 2015 0.94488
by Financial Instrument Grant 2016 1.04746
by Financial Instrument Grant 2017 1.38411
by Financial Instrument Grant 2018 1.55760
by Financial Source Private 2013 204.00006
by Financial Source Private 2014 241.65772
by Financial Source Private 2015 299.26811
by Financial Source Private 2016 242.34423
by Financial Source Private 2017 284.71613
by Financial Source Private 2018 270.23357
by Financial Source Public 2013 34.82138
by Financial Source Public 2014 46.60463
by Financial Source Public 2015 40.50281
by Financial Source Public 2016 20.90424
by Financial Source Public 2017 66.64978
by Financial Source Public 2018 52.25684
by Type of Investor Project developers 2013 69.17824
by Type of Investor Project developers 2014 78.56934
by Type of Investor Project developers 2015 143.11248
by Type of Investor Project developers 2016 122.08564
by Type of Investor Project developers 2017 162.97464
by Type of Investor Project developers 2018 149.93976
by Type of Investor Commercial financial insti 2013 28.73813
by Type of Investor Commercial financial insti 2014 51.04237
by Type of Investor Commercial financial insti 2015 71.93853
by Type of Investor Commercial financial insti 2016 56.97178
by Type of Investor Commercial financial insti 2017 72.80108
by Type of Investor Commercial financial insti 2018 65.83962
by Type of Investor Households/Individuals 2013 46.73293
by Type of Investor Households/Individuals 2014 44.91505
by Type of Investor Households/Individuals 2015 32.25703
by Type of Investor Households/Individuals 2016 31.80196
by Type of Investor Households/Individuals 2017 22.05643
by Type of Investor Households/Individuals 2018 23.69175
by Type of Investor Corporate actors 2013 55.67382
by Type of Investor Corporate actors 2014 63.58530
by Type of Investor Corporate actors 2015 47.09949
by Type of Investor Corporate actors 2016 28.85020
by Type of Investor Corporate actors 2017 18.16859
by Type of Investor Corporate actors 2018 16.21067
by Type of Investor Institutional investors 2013 1.74032
by Type of Investor Institutional investors 2014 1.61202
by Type of Investor Institutional investors 2015 2.81573
by Type of Investor Institutional investors 2016 1.75093
by Type of Investor Institutional investors 2017 4.39963
by Type of Investor Institutional investors 2018 8.51204
by Type of Investor Funds 2013 1.93663
by Type of Investor Funds 2014 1.93364
by Type of Investor Funds 2015 2.04485
by Type of Investor Funds 2016 0.88372
by Type of Investor Funds 2017 4.31575
by Type of Investor Funds 2018 6.03973
by Type of Investor National DFIs 2013 14.83527
by Type of Investor National DFIs 2014 16.24540
by Type of Investor National DFIs 2015 23.44020
by Type of Investor National DFIs 2016 3.99802
by Type of Investor National DFIs 2017 42.26115
by Type of Investor National DFIs 2018 28.30990
by Type of Investor Multilateral DFIs 2013 13.12412
by Type of Investor Multilateral DFIs 2014 14.40756
by Type of Investor Multilateral DFIs 2015 8.70425
by Type of Investor Multilateral DFIs 2016 9.37839
by Type of Investor Multilateral DFIs 2017 10.17524
by Type of Investor Multilateral DFIs 2018 11.39406
by Type of Investor Governments 2013 3.48339
by Type of Investor Governments 2014 7.41188
by Type of Investor Governments 2015 4.65234
by Type of Investor Governments 2016 4.36487
by Type of Investor Governments 2017 8.63264
by Type of Investor Governments 2018 8.72728
by Type of Investor Bilateral DFIs 2013 2.68797
by Type of Investor Bilateral DFIs 2014 7.84519
by Type of Investor Bilateral DFIs 2015 2.94164
by Type of Investor Bilateral DFIs 2016 1.88571
by Type of Investor Bilateral DFIs 2017 4.75996
by Type of Investor Bilateral DFIs 2018 3.34756
by Type of Investor Climate Funds 2013 0.69063
by Type of Investor Climate Funds 2014 0.69460
by Type of Investor Climate Funds 2015 0.76438
by Type of Investor Climate Funds 2016 1.27726
by Type of Investor Climate Funds 2017 0.82078
by Type of Investor Climate Funds 2018 0.47804
Source: IRENA and CPI (2020), Global Landscape of Renewable Energy Finance
2020, 2020, International Renewable Energy Agency, Abu Dhabi,.

Details of the methodology used to track global renewable energy investment

can be found in the background document, Global Landscape of Renewable
Energy Finance, 2020: Methodology (IRENA and CPI, 2020).