Financing Clean Energy: Unprecedented Momentum and Opportunity

Clean energy technologies, particularly solar photovoltaics (PV) and wind, have experienced dramatic cost reductions over the past decade. This is the beginning of an energy transition driven not only by the need to address climate change but also by economics. The least-cost source of electricity in many regions around the world is now wind and solar, increasingly combined with storage and grid-interactive loads and sophisticated control systems. These solutions are poised for exponential growth, building off a base of $300bn per year. The clean energy sector represents more than a $1 trillion a year in investment opportunity as it becomes the foundation for energy transitions to low-carbon energy economies globally.