The amount of future new wind capacity in Europe financed last year rose to a record high, industry group WindEurope said on Thursday, as falling costs and increased competition made it possible for investors to fund more for less cash.

In total, 16.7 gigawatts (GW) of projects reached a final investment decision – 12.5 GW onshore and 4.2 GW offshore – 45 percent more than in 2017, WindEurope said in its annual report.

Funding for the new investments rose to 26.7 billion euros ($30.3 billion).

Record Amount of New Wind Capacity Financed in Europe Last Year | Devamı>>>