Renewable Energy Investment Surges to $386 Billion in H1 2025, Driven by Offshore Wind and Small-Scale Solar
Global renewable energy investment surged to $386 billion in the first half of 2025, a 10% increase driven by offshore wind and small-scale solar projects. Despite a decline in utility-scale solar, the sector saw growth due to the quick implementation and revenue stability of smaller projects.
The United States witnessed a significant drop in committed spending, down $20.5 billion or 36%, while emerging markets generally maintained investment levels, except for Southeast Asia (+7%) and Latin America. Meanwhile, the EU saw a collective increase of nearly $30 billion, or 63%, as capital shifted from the US to Europe.
Offshore wind and small-scale PV projects led the global increase. However, utility-scale solar investment declined 19% year-over-year, with mainland China, Spain, Greece, and Brazil contributing to this decrease. In contrast, small-scale solar investment nearly doubled in mainland China.
Despite the decline in utility-scale solar, the overall renewable energy investment grew by 10% in the first half of 2025. Small-scale solar projects played a crucial role in offsetting the drop in larger projects, demonstrating their value in quick implementation and revenue stability.
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