Tuesday, 02 January 2024 12:17 GMT

Clean Tech Overtakes Fossil Fuels In Investment Landscape


(MENAFN- AzerNews)

By most measures, the world is entering a transformative era in energy investment, and doing so with a striking sense of momentum. According to the International Energy Agency's latest World Energy Investment Report, global energy investment is projected to hit a record $3.3 trillion in 2025, marking a 2 percent rise from the previous year. More importantly, two-thirds of this unprecedented sum - $2.2 trillion - is expected to flow into clean energy technologies. That includes renewables, nuclear energy, power grids, storage systems, low-emission fuels, and electrification.

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