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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). Public markets investment in clean energy jumped 120% to $3.1 billion, up 9% on a year earlier.

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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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The VRP won’t have any waste streams and will set a new precedent for circular economy practices in metals processing. Vanadium is a critical raw material according to the European Commission and features superior energy density compared to other battery materials. The Vanadium Recovery Project (VRP) is targeting a 1.5

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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

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By the end of this year, our plants worldwide will obtain their electricity exclusively, 100%, from renewable energy sources. The plants will take advantage of the best options at each location—from solar energy in Oxford, Mexico and China, to biogas in South Africa, to wind power in Leipzig.

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51% of BMW Group’s electricity worldwide from renewable sources; targeting 100%

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At its Annual Account Press Conference 2015, the BMW Group announced that, for the first time in the history of the Group, 51% of its electricity worldwide is being supplied from renewable sources. This is a significant milestone for the company, its aim being to gradually increase the share of renewable energy to 100% over the coming years.

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GM to double models with 40 mpg highway or better by 2017; ongoing manufacturing efficiency improvements

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Describing its product goals and tracking progress toward its 2020 manufacturing priorities in its 2012 Sustainability Report , General Motors reaffirmed its commitment to further reduce the energy used and the environmental impacts of building and operating an automobile. Manufacturing energy use and emissions. MWh/vehicle in 2010.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions.