"Over the first six months of this year, a total of $386 billion flowed to renewable-energy projects — 10% more than one year prior."
"Globally, investors are pouring more money into renewable energy than ever — even as they pull back on spending in the U.S.
Over the first six months of this year, a total of $386 billion flowed to projects ranging from small rooftop solar installations to massive offshore wind farms, according to research firm BloombergNEF. That’s 10% higher than what investors doled out in the first half of 2024.
But the story is very different when you zoom in on the U.S.
As President Donald Trump enacts a scorched-earth campaign against renewables — particularly offshore wind — clean-energy investors are fleeing the nation’s increasingly volatile market. Spending was down by 12% compared to the first half of last year."
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