-
Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says
Global investment in energy is slated to hit roughly $2.8 trillion in 2023, according to a new report from the International Energy Agency, with over $1.7 trillion of that set to go on clean energy technologies such as EVs, renewables and storage. In a sign of how the energy transition is progressing, the IEA’s World Energy Investment report said solar investments were expected to attract over $1 billion a day in 2023. In a statement, Fatih Birol, the IEA’s executive director, said investment in solar was “set to overtake the amount of investment going into oil production for the first time.” Speaking to ... (full story)
- Comments
- Subscribe
-
- Older Stories
From fxdailyreport.com|May 25, 2023Natural gas recently broke through the neckline of its double bottom on the 4-hour chart. Price has since pulled back for a retest and appears to be finding buyers. With that, the ...
From channelnewsasia.com|May 25, 2023Japan's government raised its overall view of the economy for the first time in ten months in May, after recent data showed the country emerged from recession in the first quarter ...
From youtube.com/markets|May 25, 2023Russia is a bigger threat to Saudi Arabia when it comes to oil prices and not oil speculators, says Paul Sankey, a veteran industry analyst. He's on "Bloomberg Surveillance."
-
- Newer Stories
From inegi.org.mx|May 25, 2023In April 2023, according to timely information on foreign trade, a trade deficit of 1,509 million dollars was registered, a balance that compares with the deficit of 1,783 million ...
From energyintel.com|May 25, 2023The Shell-led Basrah Gas Co. (BGC) will start up a long-delayed project in Iraq next week that should slash the high volumes of associated gas flared at the country's giant ...
From dol.gov|May 25, 2023|3 commentsIn the week ending May 20, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 4,000 from the previous week's revised level. The previous week's ...
- Story Stats
- Posted: May 25, 2023 7:49am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 136
