Global Renewable Energy Developments (May–June 2025)
Global renewable energy generation saw significant growth and pivotal changes during May and June 2025. A surge in clean energy investments is driving record-high spending: the International Energy Agency projected global energy investment to reach $3.3 trillion in 2025, with $2.2 trillion flowing into clean energy technologies reuters.com reuters.com. According to an IEA report released on June 5, 2025, solar power is expected to attract the largest share – around $450 billion in 2025 – making it the single biggest area of energy investment reuters.com reuters.com. IEA Executive Director Fatih Birol noted that despite economic uncertainties, most ongoing renewable projects have not been derailed: investors may be in “wait-and-see” mode for new projects, but “in most areas we have yet to see significant implications for existing projects” reuters.com reuters.com. This optimistic outlook comes amid record renewable energy expansion on the ground. In China, for example, installations of solar and wind power surged to unprecedented levels this period – The Guardian reported on June 26, 2025 that China added 198 GW of solar and 46 GW of wind capacity between January and May 2025, an astonishing build-out “enough to generate as much electricity as Indonesia or Turkey” theguardian.com theguardian.com. China’s solar