North Sea Wind Deal Powers Renewable Energy Funding

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July 16 (Bloomberg) -- Bloomberg’s Seb Henbest examines the level of renewable energy investment as a new offshore wind project in the North Sea sets a record for clean energy funding. He speaks on “The Pulse.”

-- can this momentum sustained?

It is looking promising.

The fiscal situation in europe has been challenging.

The cost of renewable energy is coming down.

The first three quarters of this year have been strong.

We have been tracking this since 2004. the gemini offshore wind project , $3.8 billion.

Where is that coming from?

A large and growing offshore wind industry.

It is a large consortium of banks.

Beyond that, and number of other smaller projects.

A big project in israel.

We are also seeing the continued uptick of solar peavy to go on people's roofs.

To anyone billion dollars last quarter, a third of the total

This text has been automatically generated. It may not be 100% accurate.

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