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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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Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. —Luiza Demôro, project manager for BloombergNEF.

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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. In Africa , South Africa is leading the way on the continent as far as EV adoption, although it remains low.

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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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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. Coping with 25% or more variable generation is more difficult for grids and utilities than managing a 5% proportion. billion, up just 3% on the year.

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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.