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CEC report finds California needs 1.2M public and shared EV chargers by 2030; 73k installed to date

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More than 73,000 public and shared chargers have been installed to date, with an additional 123,000 planned by 2025. These numbers fall short of the state’s goal of 250,000 chargers by 54,000 installations—22%. Supporting innovative charging solutions and financing mechanisms to foster market growth.

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Australia’s new giant Tesla Megapack battery project completes project financing

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Australian renewable energy Edify Energy has formally announced that its high-profile 150MW / 300MWh battery storage system has completed its financing. We have long been believers of harnessing the full capability of power electronics and preparing for a 100% renewables-based grid. Don’t hesitate to contact us with news tips.

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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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The advantage is that fast-charging infrastructure can be built nearly anywhere, even if in places with a low-capacity grid connection. All cell modules in the PSC were formerly installed as batteries in pre-production models of the ID.3 —Karen Kutzner, managing director for finance and controlling at Volkswagen Sachsen.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8 Although this was largely due to the decreasing costs of renewables, the total installed capacity continued to grow. Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

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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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Excluding China alone, new clean energy installations in emerging markets grew 21% to achieve a new record, with 36GW commissioned in 2018, up from 30GW in 2017. This is twice the clean energy capacity added in 2015 and three times the capacity installed in 2013. billion or 18% came from sources outside those countries.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund. Private green funds could help finance a global fund. Diagram: Isabelle Plat.

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US Army and Air Force planning to develop 1GW of renewable energy on installations by 2025

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The US Army and Air Force are planning to develop 1 billion watts of renewable energy on their installations by 2025. Energy security drives the initiatives, Hammack said, adding that increased usage of renewable energy on military installations would enable them to operate even if local power grids go down.