More than 75 percent of energy added last year was from renewable sources, according to a UN Environment Programme body.
Wind is the leading generation method and Western Europe is the most active market, according to data for Q1 renewable energy deals.
The United Nations said in its yearly report on clean energy that the world is making ground, but CO2 emissions continue to rise.
Fundraising in the green energy sector has been in decline since 2008, but could that be about to change?
Last year saw more financing and more capacity in clean energy than ever before, despite some difficult market conditions.
The US’s development finance institution has financed 85 projects that have led to 3,000MW of renewable power.
Fundraising for sub-Saharan Africa has already surpassed the total raised for the region last year.
The two renewable energy sources attracted about $8bn of the $13bn in our debut renewable energy project finance league table.
Development finance institutions have funded $10.87bn of deals last year – beating 2011’s high of $9.58bn – with hydro and solar taking the lead.
According to NVCA, cleantech saw a 29% increase in venture capital investments in 2014 from 2013.