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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

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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Oyster Wave Power Machine Generates Electricity Onshore; Sea Trials Begin This Autumn

Green Car Congress

A new type of wave power machine—Oyster—is being installed on the seabed off the Atlantic shores of the Orkney Islands for trials that begin this autumn. But globally there is huge scope in areas like the North West coast of the USA and coastlines off South Africa, Australia and Chile. Click to enlarge. Ronan Doherty.

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The Global Outlook of Electric Vehicles

Blink Charging

Based on 2021 sales volumes,” the IEA’s report says, “about 25% of the global car market is subject to a 100% ZEV (zero emission vehicle) sales ambition or target, or ICE ban by 2035 according to government announcements.” Europe has also invested in domestic battery development to increase its own market share.

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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

Green Car Congress

The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 The 103GW of capacity added by new renewable energy sources last year compares to 86GW in 2013, 89GW in 2012 and 81GW in 2011 and made 2014 the best year ever for newly installed capacity.

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We Need More Than Just Electric Vehicles

Cars That Think

The good news is that 2035 is the year suggested at the COP26 for all new car and vans in leading markets to be zero-emissions vehicles, and many manufacturers and governments have committed to it. This concentration is problematic because it can lead to volatile markets and supply disruptions.