Investment in solar to overtake oil exploration this year, International Energy Agency says

IEA Executive Director Fatih Birol says clean energy is moving faster than many people realise. Photo: Carlos Lujan/Europa Press via Getty Images

Noah Browning

Investment in clean energy will extend its lead over spending on fossil fuels in 2023, the International Energy Agency said yesterday, with solar projects expected to outpace outlays on oil production for the first time.