Last year was a record year for clean energy investment in the U.S. — and this year is off to an even stronger start.
In the first quarter of 2024, private investment in clean energy and electric vehicles reached $71 billion, a new quarterly record for the country. According to a recent report by the Clean Investment Monitor, a joint project of the Rhodium Group and MIT’s Center for Energy and Environmental Policy Research, the figures for Q1 represent almost a 40 percent increase from the first quarter of 2023.