Energy & Science
Solar and Hydrogen to Flourish in 2021 as Green Spending Grows
- Clean investment topped $500 billion in 2020 for first time
- BloombergNEF delivers outlook for energy industry this year
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The race to decarbonize the world is on, and 2021 is set to break fresh records for investment and installations in renewable energy and clean technologies.
A BloombergNEF report published Tuesday showed more than $501 billion flowed into climate friendly sectors last year from renewable energy to electric vehicles and batteries to green hydrogen. All that despite the disruption caused by the pandemic.