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What is the growth rate in Asia in the renewable energy sector?

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As the world has concluded, with advanced technologies we need to maintain and invest more in renewable energy sector sources for better sustainable solutions. It also control the depletion of such sources and keeps them under check. The investment in Asia helps us to analyze the annual growth rate.

Renewable energy sector investment in Asia
Source:- Bloomberg, UNEP, FS-UNEP Collaborating Centre

As we can see, the investment got its peak in 2014, but down the year, the investment decreased and decreased and so does the fluctuation in the growth rate can also be seen. If the pattern of the investment continued in the same manner then the following forecasted growth rate till 2025 is observed.

The forecasted growth rate for Asian investment in the renewable energy sector

Source:- Bloomberg, UNEP, FS-UNEP Collaborating Centre; Statista (Clean technology investments globally)

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