Remove 2018 Remove Coal Remove Installation Remove Solar
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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.

Coal 243
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5 NEO 2018 sees $11.5

Wind 220
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Electricity demand is set to increase 62%, resulting in global generating capacity almost tripling between 2018 and 2050.

Wind 207
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3 Oil Majors That Bet Big On Renewables

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Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021.

Oil 418
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Australia Goes All-in on Green Hydrogen

Cars That Think

The carbon-free rigs will pack 50 kilos of hydrogen zapped from water using electricity from the refinery’s dedicated solar power plant. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot. 150 GW of wind and solar generation—more than the total installed generating capacity of France.

Australia 145
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How to Hasten India’s Transition Away From Coal

Cars That Think

For instance, just 8 percent of Indian homes had air-conditioning in 2018, but that share is. While electricity from older coal plants in India costs 2.7 cents from newer plants that have additional pollution-control equipment, the cost of solar energy has dropped to 2.7 percent from solar and wind power.

Coal 83
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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Even if electricity is produced from burning coal, the power plant is far away from population centers, transferred over power lines keeping any direct pollution away from the population. And the percentage of clean energy is growing every year as coal and gas plants are being replaced by renewable energy sources. In India 39.1%

Petrol 59