Global renewable energy CAPEX 2019-2021
Capital expenditure (CAPEX) for onshore wind increased from roughly 75 billion U.S. dollars in 2019 to 95 billion U.S. dollars in 2020. Projections show that this figure is expected to grow by five percent in 2021. CAPEX for renewable energy projects is expected to increase by seven percent in 2021, compared with 2020. In contrast, capital expenditure for oil and gas upstream projects is forecast to increased by approximately two percent.
