2021 deals position US to be a global hydrogen leader: BloombergNEF

March 4, 2022

2021 was a landmark year for renewable energy in the U.S., with a record-breaking $105 billion private investment in clean energy technologies and electric vehicles, according to a report released Thursday by BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE).

Total U.S. investments last year included over 8 GW of announced hydrogen-compatible power turbines, positioning the U.S. to be a hydrogen industry leader in the next decade. In 2021, developers also built 37 GW of wind and solar capacity, while year-to-year sales for electric vehicles doubled from 2020.

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