Bloomberg NEF’s 2022 tracker shows that global investment in renewable energy totalled a record $226bn USD. The same report also shows that global offshore wind investment is up 52% when compared with the same period last year.
“Investments in 2022 will flow into projects coming online in the next few years as the offshore wind installed base is set to grow tenfold from 53GW in 2021 to 504GW in 2035. Offshore wind projects enable companies and governments to make progress towards their decarbonization goals at scale”, said Chelsea Jean-Michel, offshore wind analyst at BNEF.
“The United Kingdom, France and Germany are just a few of the countries that have increased their offshore wind targets in the first half of 2022, signaling further support for investment in the technology”.
In the renewable energy sector, global investment reached USD 226 billion in the first half of 2022, an 11% year-on-year rise, setting a new record for the first six months of a year, according to BNEF’s Renewable Energy Investment Tracker 2H 2022.
“Despite the headwinds presented by ongoing cost inflation and supply chain challenges, demand for clean energy sources has never been higher, and we expect that the global energy crisis will continue to act as an accelerant for the clean energy transition”, said Albert Cheung, head of analysis at BloombergNEF.
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