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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand in 2017. thousand terawatt-hours in 2018, up from 6.4

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Panda Power Funds jointly to develop 1,000 MW coal to natural gas conversion project; Marcellus Shale gas

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Panda Power Funds has entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000 megawatt natural gas-fueled, combined-cycle power project near Shamokin Dam in Snyder County, Pennsylvania. Construction will take approximately 30 months and will commence upon financing and other conditions.

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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The project will run for five years, with an estimated completion date of December 2017. Low quality roads are undermining the benefits of the state’s rich mineral and coal deposits, holding back new economic opportunities and access to social amenities, especially for minority groups.

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PwC industry survey provides check-up on determining factors for EV success

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More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. Respondents predict that coal will remain the primary energy source for EVs in 2020 (28.9%), followed by Fossil fuel/oil (21.4%). Nearly 68.8%

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Los Angeles to lease 160 BEVs, 128 PHEVs as part of commitment to 50% EV purchases by 2017

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These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017. In April, Mayor Garcetti issued the Sustainable City pLAn , a blueprint to make Los Angeles more sustainable and deliver environmental and economic benefits to the city. per mile for EVs vs. $0.37

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Their Bionic Eyes Are Now Obsolete and Unsupported

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They couldn’t tell the difference between a bright day at the beach and being in a coal mine in Pittsburgh. optimistic news story on receiving her Argus II in New York in 2017, she found the implant more distracting than enabling. “I I never have any regrets about doing this.” Jeroen Perk. Top: Phanie/Alamy; Bottom: Ross Doerr.