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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Among other projects, the Santiago de Chile-based company is building the Haru Oni eFuel pilot plant in Punta Arenas (Chile). The additional capital will be used to develop industrial eFuel facilities in Chile, the US and Australia, which have large supplies of renewable energy. Earlier post.).

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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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Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. billion or 18% came from sources outside those countries. billion in 2018.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. We need to be talking about trillions per year if we are to meet climate goals. Renewable energy investment. —Albert Cheung, head of analysis at BNEF.

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

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

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China’s new energy buses are re-exported to Europe

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Per Thorsell, CEO of Bergkvarabuss, said: “As one of the largest bus companies in Sweden, it is vital that we participate and lead the entire transport industry, and the development of electrified public transport is one of the key steps in tackling climate change and achieving green development.

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