Clean energy manufacturing investment hits $200bn
- Admin
- May 7, 2024
- 1 min read
Global investments in clean energy manufacturing, which includes solar, wind, batteries, electrolysers, and heat pumps, reached $200 billion in 2023, marking an over 70% increase from 2022. This accounted for an estimated 4% of global GDP growth. Significant growth was noted in solar module and battery manufacturing, crucial to reaching net zero emissions by 2030 as per the IEA’s scenario. The report emphasizes the importance of continued investment and global spread in manufacturing as essential to future clean energy transitions.
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