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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Overall, solar capacity investment was up 12% at $148.6

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