Global energy transition investment biggest in 2020 -- Report

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Global energy transition investment biggest in 2020 — Report

pandemic, global investment in assets aimed at cleaner energy and environment was largest that year, a report by the Bloomberg New Energy Finance has revealed.

Of that amount, companies, governments and households invested $303.5 billion in new renewable energy capacity, two per cent higher than the previous year. Also, entities globally spent $139 billion on electric vehicles and associated charging infrastructure, up 28 per cent on the previous year, setting a new record.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines