Quarterly overview of stock index performance and the top trends impacting the state of clean tech.
This is a remarkable time for the growth of clean energy investments and deployment. In 2022, global energy transition investments reached a record high of $1.1 trillion (up from $849 million in 2021), matching investments in fossil fuel production for the first time ever, according to BloombergNEF. This year the International Energy Agency projects that global clean energy investments will be in the $1.7 trillion range. And whether you’re tracking solar PV installed, energy storage deployed, EVs shipped, or heat pumps delivered, 2022 marked new annual records.
Against this backdrop, year to date (YTD) through the end of June, all Nasdaq-Clean Edge indexes outperformed the IXE (Energy Select) index, which declined 5.45%.