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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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This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. thousand in 2017.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

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In the presentation to investors, Celanese executives said that TCX enables the company to produce ethanol at the equivalent of gasoline produced with $60 per barrel crude oil (around $1.50/gallon).

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