article thumbnail

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

Green Car Congress

Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Inflows to clean energy projects in India and Brazil slipped $2.4

Coal 243
article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. as possible, but not later than 2015. will be led by the climate science in the IPCC’s Fifth Assessment Report and the global Review from 2013-2015. and to assist the Conference of the Parties.

Climate 294
article thumbnail

Tesla Q3 revenue up 10% year-on-year, losses widen; robust production outlook

Green Car Congress

Tesla Motors reported total GAAP revenue of $937 million in Q3 2015, up 10% from the prior year. Tesla said it was seeing very strong demand for Tesla Energy products globally, and particularly in Australia, Germany and South Africa. where he was Vice President of Finance and led Google’s global finance function.

article thumbnail

Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Green Car Congress

Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. degrees Celsius. degrees Celsius.”

Climate 236
article thumbnail

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

2010 and 2015 LCOE ranges for solar and wind technologies. Projected Costs of Generating Electricity: 2015 Edition looks at generation costs at more than 180 plants—from large nuclear and fossil-fuel facilities to wind farms to residential-sized solar PV installations—in 22 countries, including Brazil, China and South Africa.

Cost Of 150
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion) and South Africa ($5.5 —Michael Liebreich, Chairman of the Advisory Board for Bloomberg New Energy Finance.

2014 150