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AJPOWER's Summary of the "World Energy Investment 2023"

Oct 20, 2023

When we finish reading the detailed 181-page "World Energy Investment 2023" report and feel that we are on the cusp of 2023, it is obvious that the energy landscape is undergoing changes in the direction of sustainability and innovation. At AJPOWER, we are not only witnessing this change, we are actively shaping it. Based on the global market analysis of "2023 World Energy Investment", we summarized the following points.

World Energy Investment 2023World Energy Investment 2023's catalogue

  1. Drivers of clean energy investment
    With clean energy investment estimated to surpass $1.7 trillion by 2023, AJPOWER is well-positioned to capitalize on the limitless opportunities presented by this seismic change. Our investment and research in renewable energy, sophisticated energy storage systems, and grid modernization is expanding.
  2. Create a solar revolution
    Solar energy is one of the most promising sectors, and AJPOWER is proud to be a part of it. According to the research, by 2023, US$1 billion of funding is estimated to flow into solar energy projects throughout the world every day, with total investment reaching US$380 billion. This eclipsed upstream oil investment for the first time, highlighting solar energy's enormous potential.
  3. Promote investment in electric vehicles
    The demand for electric vehicles is surging. In the report, the International Energy Agency(IEA) stated that global electric vehicle sales exceeded 10 million units in 2022, and their sales are expected to increase by another 35% to 14 million units in 2023. Accounting for 18% of the passenger car market. The International Energy Agency(IEA) says oil demand will fall by 5 million barrels per day by 2030 due to the electrification of transportation.
  4. Advance low-emission fuels and CCUS
    Investment in low-emission fuels and carbon capture and utilization storage (CCUS) is critical for combating climate change. AJPOWER acknowledges that this critical field requires larger-scale investment and is actively exploring the economic viability of this endeavor.
  5. Promote energy efficiency
    Energy efficiency is critical to the global shift to more sustainable energy methods. AJPOWER supports this philosophy by investing in technology and programs that increase energy efficiency and end-of-life practices. Regardless of the uncertainties that may come, our commitment to this cause is steadfast.

World Energy Investment 2023 dataWorld Energy Investment 2023 data

At its core, AJPOWER is more than just a company; we are the driving force driving the global energy industry toward a brighter, more sustainable future. Our commitment to innovation, quality and environmental stewardship makes us an important player in this journey of change.

If you're interested in a deeper understanding of our role in the global energy investment landscape in 2023, I'm pleased to provide you with a free, detailed 181-page report valued at $99. Just reply to "World Energy Investment 2023" and let's shape the future of energy together.

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