ENERGY
Renewable energy investment hits record high
Capital allocations toward solar, wind, and battery infrastructure outpace fossil fuel expenditures.
Hybrid wind and solar farm feeding into high-voltage electrical grid.
Clean Energy Capital Expenditures Eclipse Fossil Fuel Budgets for Second Year
OSLO — A definitive assessment of energy capital flows reveals that renewable electricity and storage installations attracted a record-breaking $1.82 trillion globally this year.
Utility-scale photovoltaic generation and offshore wind farms led total deployments, with battery storage capacity recording an eighty percent annual surge.
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Written by
Sarah Jenkins
Environmental & Climate Correspondent
Sarah Jenkins is an award-winning investigative journalist specializing in climate policy, renewable energy transitions, and ecological governance.
