Solar investment is down 19 percent in the first half of 2018, compared to the same period last year.

The data from Bloomberg New Energy Finance finds the reduction largely stems from a continued decline in the costs of solar projects, along with policy changes in China on solar financing. The country announced this year that it would no

Utility scale solar

longer subsidize utility-scale solar PV, and has seen funding drop almost 30 percent since the first half of 2017. Increasing investments in other clean energy sources have made up for this drop, however, with wind investment increasing 33 percent over the first half of 2017 — allowing overall clean energy investment to remain little changed. (Greentech Media)