Clean Energy Investments to Surpass Fossil Fuels in 2025

15 Jan 2025 CW Team

Investments in clean energy technology are set to exceed spending in upstream oil and gas for the first time in 2025, according to a report by S&P Global Commodity Insights titled "Top Clean Energy Technology Trends of 2025: Transformative Changes Ahead." Cleantech energy supply spending is projected to reach $670 billion in 2025, with solar PV accounting for half of the investments and two-thirds of installed megawatts.

The report highlights that at least 620 GW of new solar and wind capacity will be added globally in 2024, equivalent to the combined power systems of India, Pakistan, and Bangladesh. Battery energy storage systems are expected to surpass pumped hydro storage in installed capacity by 2025. Artificial intelligence applications in renewable generation forecasting and grid planning are gaining momentum, improving energy management and the integration of renewable sources into grids. Long-duration energy storage systems are anticipated to double in installations by 2025, while data centres are expected to procure approximately 300 TWh of clean power annually by 2030.

Ammonia is emerging as a significant component in low-carbon hydrogen production, and carbon capture, utilization, and storage (CCUS) projects are projected to witness substantial growth. The report also notes that government initiatives such as the US Inflation Reduction Act and India’s production-linked incentive scheme have supported clean energy technology production and enhanced supply chain resilience.

Trade tensions between the US and China, marked by high preliminary tariffs on cell exports from four Southeast Asian countries, are reshaping the global photovoltaic manufacturing landscape. India is ramping up its PV manufacturing capacity to target exports to the US, while Saudi Arabia is emerging as a hub for Chinese PV and battery manufacturers.

The report underscores key shifts in global energy markets, driven by clean energy technologies and policy interventions.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Investments in clean energy technology are set to exceed spending in upstream oil and gas for the first time in 2025, according to a report by S&P Global Commodity Insights titled Top Clean Energy Technology Trends of 2025: Transformative Changes Ahead. Cleantech energy supply spending is projected to reach $670 billion in 2025, with solar PV accounting for half of the investments and two-thirds of installed megawatts. The report highlights that at least 620 GW of new solar and wind capacity will be added globally in 2024, equivalent to the combined power systems of India, Pakistan, and Bangladesh. Battery energy storage systems are expected to surpass pumped hydro storage in installed capacity by 2025. Artificial intelligence applications in renewable generation forecasting and grid planning are gaining momentum, improving energy management and the integration of renewable sources into grids. Long-duration energy storage systems are anticipated to double in installations by 2025, while data centres are expected to procure approximately 300 TWh of clean power annually by 2030. Ammonia is emerging as a significant component in low-carbon hydrogen production, and carbon capture, utilization, and storage (CCUS) projects are projected to witness substantial growth. The report also notes that government initiatives such as the US Inflation Reduction Act and India’s production-linked incentive scheme have supported clean energy technology production and enhanced supply chain resilience. Trade tensions between the US and China, marked by high preliminary tariffs on cell exports from four Southeast Asian countries, are reshaping the global photovoltaic manufacturing landscape. India is ramping up its PV manufacturing capacity to target exports to the US, while Saudi Arabia is emerging as a hub for Chinese PV and battery manufacturers. The report underscores key shifts in global energy markets, driven by clean energy technologies and policy interventions.

Infrastructure Transport

13 Jul 2026

Bhogapuram Airport Set For Take Off After Licence Issued

Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu announced that Alluri Sitharama Raju Bhogapuram International Airport has achieved 100 per cent completion following issuance of its aerodrome licence by the Ministry of Civil Aviation after an inspection with public representatives, district officials and GMR Group representatives. The licence was granted after extensive verification over the past month to ensure that safety and operational standards were met. The Chief Minister's Office has already contacted the Prime Minister's Office to finalise an inauguration date and commercial fli..

Infrastructure Urban

13 Jul 2026

Auto Sector To Grow 22-24 Per Cent In Q1 FY27

Credit Rating Information Services of India (Crisil) estimated that India's automobile sector is expected to report revenue growth of 22-24 per cent year-on-year in the first quarter of FY27 and to be among the largest contributors to corporate revenue growth in the quarter. The agency estimated overall corporate revenue to have grown 11-11.5 per cent year-on-year in the quarter ended 30 June 2026, the fastest pace in two years despite supply chain disruptions and higher input costs from the West Asia conflict. This compared with growth of 9.6 per cent in the preceding quarter. Crisil said the..

Infrastructure Urban

13 Jul 2026

Nomura Sees Q1 Pressure On Cement Margins; Backs Major Players

Nomura said cement margins will be under pressure in the June quarter as fuel and packaging costs rose, although volume growth is expected to remain healthy. The brokerage forecast six to seven per cent year-on-year organic volume growth for the Indian cement industry in the period, with Shree Cement identified as likely to post the highest growth at 15 per cent year-on-year. It noted that the West and North regions outperformed on pricing, aiding companies with greater exposure in those markets. Average trade prices improved three per cent sequentially to around Rs 326 per bag after price inc..