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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). The decline was not confined to China, however. billion and $2.7

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The Global Outlook of Electric Vehicles

Blink Charging

IEA states that cities that started adopting EVs early may also face electricity grid congestion as electricity infrastructure catches up to the new level of electricity demand. Europe has also invested in domestic battery development to increase its own market share. China continues to lead the way in terms of consumer solutions.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion) and South Africa ($5.5 billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. billion) and South Africa ($5.5

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The country’s growing battery metals supply chain, relatively clean grid and quality infrastructure favorably positions it among top lithium-ion battery countries. Most European countries declined in their overall performance this year with Finland and Czechia being the only exceptions.

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We Need More Than Just Electric Vehicles

Cars That Think

Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels. That’s why operating EVs typically releases less carbon than operating gasoline vehicles of similar size, even in coal-heavy grids like Shandong or West Virginia.