Bloomberg revealed that China is leading global investment in renewable energy, accounting for half of projects worth an estimated $ 358 billion, while the world spends more money than ever before, especially on solar energy.
According to Bloomberg, this figure was recorded during the first half of this year thanks to cheaper units, a strong market for rooftop photovoltaic power, and the commissioning of mega power projects.
The United States came in second by a wide margin. However, the volume of solar energy investment in the world's largest economy increased by 75 percent compared to the first half of 2022, to reach $25.5 billion.
Source (Al-Arab Newspaper of London, Edited)
