The advance of green investments is unstoppable. Last year, their volume doubled in Europe, and political requirements necessitate further growth. Meanwhile, June brought rich energy returns to the solar industry, particularly in Germany. "This sector once again demonstrates the importance of diversifying investments", explains Markus W. Voigt, CEO of aream Group.
Europe's governments, banks and companies raised a record amount in green financial investments last year. According to the British think tank New Financial, they totaled 311 billion euros, twice as much as the year before. Securities issued for environmental protection and sustainability accounted for 12 percent of total capital market activity, New Financial said. To become carbon neutral by mid-century, this pace must not be slowed, especially since New Financial rates only 40 percent of green bonds and loans as "dark green" - that is, as financial vehicles for projects that play a meaningful role in the transition to carbon neutrality.
Crucial to this is the expansion of renewable energy, which had an excellent month in June in the solar sector. Strong solar radiation ensured that target values were exceeded by 31 percent. In contrast, Italy fell five percent short of its target values in June, and Spain was even 15 percent behind. "The fact that the target values were exceeded by 15 percent across the board proves that investors should spread their investments across several locations to balance out weaknesses in some regions with strengths in others", Voigt says.
A balancing out also took place in German wind energy production in June: Here, a lead had been built up in the previous months of the current year, compensating for a weak June. Last month, the energy output of wind millers fell 23 percent short of the planned figures. For the first half of the year as a whole, however, the target achievement is 100 percent. Precision landing.
PRESSEKONTAKT:
Leandra Kiebach
T: +49 (0)211 30 20 60 4-2
E: lk@aream.de