PVTIME – According to BloombergNEF, global investment in renewable energy reached $327.5 billion in the first half of 2026, which is broadly unchanged from the previous six months, but 21% below the peak recorded in the second half of 2024.
This overall figure conceals a significant structural shift. Asset financing for standalone utility-scale solar projects decreased by 20% year on year to $75.4 billion, marking the lowest level since the surge in solar investment began in 2021. Uncertainty over revenue, driven by solar cannibalisation, curtailment and grid congestion, has prompted investors and developers to favour projects with stronger revenue management capabilities.
Co-located solar and storage projects attracted a record $25 billion in the first half of the year — nearly double the volume invested in the second half of 2025, and triple the amount invested a year earlier. The US and Australia led this segment.
