By Zinaida @Adobe Stock

Global energy investment is set to hit a record $3.3 trillion in 2025, with clean energy attracting twice the capital of fossil fuels, according to a new IEA report. China has cemented its role as the world’s top energy investor, leading in solar, wind, nuclear, and EVs. Solar PV alone is expected to receive $450 billion, making it the largest single investment category. However, grid infrastructure is lagging behind, raising concerns for electricity security. While clean energy investment grows, regions like Africa continue to struggle, accounting for just 2% of global clean energy spending.

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.

Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification – is on course to hit a record $2.2 trillion this year, reflecting not only efforts to reduce emissions but also the growing influence of industrial policy, energy security concerns and the cost competitiveness of electricity-based solutions, according to the 2025 edition of the IEA’s annual World Energy Investment report. Investment in oil, natural gas and coal is set to reach $1.1 trillion. […]

Over the past decade, China’s share of global clean energy spending has risen from a quarter to almost a third, underpinned by strategic investments in a wide range of technologies, including solar, wind, hydropower, nuclear, batteries and EVs. At the same time, global spending on upstream oil and gas is gravitating towards the Middle East. […]

This year’s edition of the World Energy Investment report features an interactive data explorer that enables users to compare energy investments across multiple sectors, fuels and technologies between the periods 2016–2020 and 2021–2025, covering global trends as well as data for 19 individual countries and regions.

Read the full report here.