'Demand has never been higher': How the energy crisis is proving an 'accelerant' for renewable energy

James Murray
clock • 7 min read
'Demand has never been higher': How the energy crisis is proving an 'accelerant' for renewable energy

Latest data from BloombergNEF reveals 11 per cent increase in global renewable energy financing, as investment reaches record levels - is a tipping point being reached?

The global economic outlook may be worryingly bleak, but there is still little evidence that inflation and dwindling investor confidence are impacting the booming renewables market as investment continued...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports, exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

Renewables industry hits back at Liz Truss's 'depressing' solar jibe

Renewables industry hits back at Liz Truss's 'depressing' solar jibe

"The language used so far over the course of the Conservative leadership race regarding solar and land use is deeply concerning"

James Murray
clock 12 August 2022 • 5 min read
Credit: Cabinet Office / Flickr

Global Briefing: Grenada's Simon Stiell reportedly tipped for UN climate chief role

Europe opens largest solar plant, Poland advances SMR plans, and Canada seeks more sustainable potatoes in this week's Global Briefing

James Murray
clock 12 August 2022 • 9 min read
Views from Primrose Hill in London on 7 August | Credit: iStock

Drought formally declared across much of England

Environment Agency confirms eight out of 14 areas in England are now officially experiencing drought conditions, prompting deluge of calls for bolder climate resilience measures

Cecilia Keating
clock 12 August 2022 • 5 min read