Global annual average investment in selected clean energy technology manufacturing by country/region, and by scenario, 2024 and 2026-2035

Sources

IEA analysis based on S&P Global (2025), WindEurope (2023), BNEF (2025b), GWEC (2023), Wood Mackenzie (2025), InfoLink (2025), SPV Market Research (2025), BMI (2024), EV Volumes (2025), IEA (2025b), Atlas EV Hub (2025), CEPII (2025), Sinoimex (2025), as well as announcements by manufacturers and personal communications.

Notes

STEPS = Stated Policies Scenario; NZE = Net Zero Emissions by 2050 Scenario.