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U.S. Clean Energy Draws Record $105 Billion in Private Investment

  • New capital for U.S. energy transition jumps 11% in 2021
  • Investor enthusiasm comes with further growth ahead, BNEF says
A wind farm in Whitewater, California.

A wind farm in Whitewater, California.

Photographer: Bing Guan/Bloomberg

Private investment into U.S. clean-energy assets reached a record $105 billion last year as the country added an unprecedented amount of renewable-power capacity.

The investment influx is 11% higher than 2020 and represents a 70% surge during the past five years, according to an annual report by BloombergNEF and the Business Council for Sustainable Energy. The private backing into U.S. assets including wind farms and solar plants represents about 14% of the $755 billion in global private investment made last year.