Energy & Science
Wind, Storage and EVs Are Racing Ahead While Wider Green Investment Stalls
- Steady cash flow into renewables cloaks a few rapid gains
- BloombergNEF delivers outlook for energy indsutry this decade
Photographer: Chris Ratcliffe/Bloomberg
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A few renewable energy technologies are bracing for rapid growth, breaking away from stagnation in investment across the whole industry last year.
A BloombergNEF report that counted $282.2 billion in funding for clean energy technologies in 2019, up just 1% from the year before, suggested electric cars, offshore wind farms and energy storage devices will enjoy the biggest gains.