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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. 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. thousand in 2017.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

Mitsubishi Motors Australia CEO Shaun Westcott told automotive media last week at a preview of the new-generation diesel-powered Triton ute that renewable power generation, such as solar, was critical to EVs making sense. In Australia, Mitsubishi was an early EV adopter, selling the i-Miev battery electric mini-car from 2010 to 2014.