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Power shift: Solar & wind will dominate by 2025!
Renewables will quickly become the largest source of electricity production by 2025! While solar and wind power accounted for only 9% of global electricity production in 2020, this is set to increase to 40% by 2030 and to 70% by 2050. In 2025, solar and wind power combined should overtake coal as the largest global source of electricity.
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Other facts about the energy transition
Fact 01
Fact 02
Unleashing the green hydrogen revolution!
Fact 03
The world’s largest wind turbine is taller than the Eiffel Tower!
Fact 04
The EV market still has a lot of room to grow!
Fact 05
The ‘engine’ of an EV is a sophisticated assembly of many power semiconductors.
Fact 06
Powering the shift: Investment in global clean energy takes the lead!
Fact 07
Heat pumps provide heat in the winter and offer cooling in the summer!
Fact 08
Today solar is one of the cheapest sources of power generation!
Fact 09
Fog poses a challenge to renewable energies by reducing sunlight and wind!
Fact 10
The world's most ambitious solar project has a transmission line of 4,500 km.
Fact 11
Fossil fuel subsidies have risen despite the renewable energy surge!
Important information
This information is for informational purposes only and should not be construed as an offer to sell or an invitation to buy any securities or products, nor as investment advice or recommendation. The contents of this document have not been reviewed by the Monetary Authority of Singapore (“MAS”). Robeco Singapore Private Limited holds a capital markets services license for fund management issued by the MAS and is subject to certain clientele restrictions under such license. An investment will involve a high degree of risk, and you should consider carefully whether an investment is suitable for you.
