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Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says

Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says

Solar panels at a facility in England. According to the IEA’s Executive Director, Fatih Birol, investment in solar is “set to overtake the amount of investment going into oil production for the first time.”

Daniel Leal | AFP | Getty Images

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…


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SBP president Al Panlilio.

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