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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. 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.

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The Global Outlook of Electric Vehicles

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Businesses can receive the federal Alternative Fuel Infrastructure Tax Credit for installing EV charging infrastructure that meets certain criteria. In Africa , South Africa is leading the way on the continent as far as EV adoption, although it remains low. As part of the Infrastructure Investment and Jobs Act (IIJA), $7.5

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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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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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