Remove Asia Remove Coal Remove Companies Remove Financing
article thumbnail

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. The global net zero transition can represent a $3.5-trillion

Indonesia 195
article thumbnail

BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.

Cost Of 210
article thumbnail

ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

Green Car Congress

Cities in the greater BTH region have consistently been reported to have the highest concentration of particulate matter and other air pollutants, following decades of emissions from pollution-intensive industries in the area, as well as the region’s heavy reliance on coal for energy generation. The second ADB loan worth €458 million ($499.6

article thumbnail

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. kWh in China and Asia to US$0.09/kWh kWh in Asia to a high of US$0.25/kWh

Renewable 150
article thumbnail

Stanford launches major new natural gas research initiative

Green Car Congress

Compared with burning coal, natural gas emits about half the carbon dioxide and substantially less soot, mercury and sulfur. Idle natural gas import terminals are being retooled to export liquefied natural gas to Asia and Europe, which is looking to lessen its dependence on Russia for natural gas. Previously the Robert R.

Gas 150
article thumbnail

Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ). The company was also seeking financing for a gas project in Russia despite Western sanctions. “It The US dollar then went through a massive devaluation, and oil played a crucial role in propping it back up.

Russia 225
article thumbnail

Ford partners with Haier, Trina Solar and Delta Electronics to launch MyEnergi Lifestyle in China

Green Car Congress

At Consumer Electronics Show Asia, Ford launched a strategic collaboration with Haier (home appliance), Trina Solar (solar power) and Delta Electronics (power management) to introduce MyEnergi Lifestyle ( earlier post ) to China, a holistic approach for lowering the energy costs and carbon footprint of Chinese families. 38% reduction of NO x.

Solar 150