Despite all difficulties: record investments in renewables in first half of 2022

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BloombergNEF reports an 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226 billion

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year. The uptick in investment reflects an acceleration in demand for clean energy supplies to tackle the ongoing global energy and climate crises, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged... ... More: Official Press Release BloombergNEF

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BloombergNEF, investments, 2022, supply chain, renewable energy, financing, solar, wind, large scale, small scale, challenge, record