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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Success in meeting the tripling goal will hinge on this.”

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Amyris secures $42.25M financing, begins Biofene production in Brazil

Green Car Congress

Renewable chemicals and fuels company Amyris, Inc. In addition, Amyris announced its purpose-built industrial fermentation facility in Brazil has successfully begun production of Biofene, Amyris’s brand of renewable farnesene. has completed a $42.25 million private placement of its common stock.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. These cost hikes mark a rough patch for renewables, but not an inflection point.

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Solazyme and Bunge sign framework agreement for commercial sugar cane to renewable oil plant in Brazil

Green Car Congress

a renewable oil and bioproducts company, and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, have entered into a framework agreement for the formation of a joint venture entity focused on the production of triglyceride oils in Brazil. Solazyme, Inc.,

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

Green Car Congress

Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Inflows to clean energy projects in India and Brazil slipped $2.4 Excluding China, India and Brazil, clean energy investment jumped to $34 billion in 2018 from $30 billion in 2017.

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Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

Green Car Congress

Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. The facility, which will be equally financed by Solazyme and Bunge, has been designed to integrate with a new cogeneration unit at the Moema mill, and can be expanded for further production in line with market demand.

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. The increases in renewable energy capacity in the US, Europe, and Brazil also hit all-time highs.