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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. 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. billion and $2.7

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. In the US, coal and gas are still cheaper, at $65 per MWh, against onshore wind at $80 and PV at $107.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Global investment in technologies to help the energy transition reached a record $1.3

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. These networks have to be resilient and smart to ward against future shocks but also to accommodate rising shares of wind and solar power. —Dr Birol.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

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The brine is then transferred to a series of evaporation ponds which utilize solar radiation and wind for evaporation and concentration along with a precipitation process to remove impurities. The processing method begins with the extraction of lithium-rich brine from bore fields drilled on the salar.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Representative Cost and Performance of Power Generation Technologies (2015). Source: EPRI. emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The spending in the 12th Five Year Plan for the period 2011 through 2015 represents 60% of the investment capital allocated for the decade. The Draft Plan establishes goals for 2015, in addition to many of the 2020 targets already announced. hectares and high-speed rail is targeted to expand by 47,000 km between now and 2015.

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