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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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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. thousand terawatt-hours in 2018, up from 6.4 Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Leverage increased private sector financing for deployment of “all of the above” energy technologies. These objectives represent broad cross-cutting and collaborative efforts across DOE headquarters, site offices, and national laboratories.

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Leclanché has confirmed order book of 95 MWh through 2018, qualified pipeline of >450 MWh

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At its 2016 Annual General Meeting in Switzerland, vertically integrated energy storage company Leclanché announced it has a confirmed order book of 95 MWh through 2018—equivalent to more than US$50 million in revenue—and a qualified pipeline of more than 450 MWh.

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Audi plans almost €22-billion investment through 2018; targeting 2M annual deliveries

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Between 2014 and 2018, Audi will invest a total of around €22 billion (US$30 billion) into new models, innovations and the continuous expansion of the worldwide production network. This is why we are keeping our foot on the gas regarding investments and why we are hiring new employees in 2014.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Nonetheless, 2014 may be a breakout year for e-motorcycles.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

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The Saudi Dilemma: To Cut Or Not To Cut

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Now, many OPEC members are both desperate while not yet recovered from the 2014 blow. On the one hand, they could continue pumping at the current record rate or close to it, pressuring prices further, which is what they did in 2014. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8