May 9, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global investment in five types of clean energy manufacturing rose about 70% in 2023, to about $200 billion, according to a new report from the International Energy Agency (IEA) (Paris, France). The investment in producing these technologies--solar photovoltaics (PV), wind generation, batteries, electrolyzers and heat pumps--amounted to about 4% of global economic growth last year, said the report, Advancing Clean Technology Manufacturing, which was released May 6.

This report is the first time IEA has analyzed the worldwide manufacturing capacity for these five clean energy technologies.