Report: World Will Invest $3.7 Trillion in Solar by 2040
Washington — The world’s energy portfolio will get vastly cleaner by the year 2040, says a new long-term energy outlook from Bloomberg New Energy Finance — but not clean enough. Out to 2040, the world will see a jaw-dropping growth of solar energy, especially on rooftops. BNEF projects $3.7 trillion of solar investment in the next 25 years — 35 percent of new electricity-generating capacity. And $2.2 trillion of that investment will...