Trillion-level solar container investment report

How much money has been invested in the low-carbon energy transition?

New York, January 30, 2024 – Global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion, according to Energy Transition Investment Trends 2024, a report published today by research provider BloombergNEF (BNEF).

What will energy investment look like in 2025?

In 2025, global energy investment is expected to reach $3.3 trillion — the highest level ever recorded, according to the IEA World Energy Investment Report 2025. Clean energy will account for two-thirds of that total, led by investment in solar, battery storage, and electrification technologies spanning transport, infrastructure, and industry.

How much money did China invest in energy in 2024?

Global investment in the energy transition hit a record $2.1 trillion in 2024, climbing 11% from a year earlier. Mainland China has returned to the driving seat, accounting for two-thirds of the global increase seen last year. The global clean energy supply chain saw $130 billion in new investment, despite ongoing struggles with overcapacity.

How will solar & battery storage grow in 2023?

Meanwhile, it expects solar to rise by a record-breaking 38.4 GW to 128.2 GW, and battery storage to rise by a record-breaking 14.9 GW to 30.9 GW. 8 The storage boom is also reflected in the distributed segment, with residential solar attachment rates expected to rise from 14% in 2023 to a record 25% in 2024. 9

Which sectors are spending the most in the energy transition?

The report finds that electrified transport is now the largest sector for spending in the energy transition, growing 36% in 2023 to $634 billion. This figure includes spending on electric cars, buses, two- and three-wheelers and commercial vehicles, as well as associated infrastructure.

What are the biggest energy sectors in 2024?

By far the largest sectors are electrified transport at $757 billion, renewable energy at $728 billion and power grids at $390 billion. All three of these sectors grew to new records in 2024, as did energy storage, which shrugged off headwinds to reach $54 billion.