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

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

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US, Canada, Japan, Netherlands, and EC launch new hydrogen initiative

Green Car Congress

At the 10th Clean Energy Ministerial (CEM10) meeting, a new international hydrogen partnership was announced under the leadership of the United States, Canada, Japan, the Netherlands and the European Commission with participation of several other CEM member countries.

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

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The decline was not confined to China, however.

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Landi Renzo and Clean Energy combine natural gas compressor businesses

Green Car Congress

and Clean Energy Fuels Corp. are combining their compressor manufacturing subsidiaries to form a new standalone company that will immediately become one of the leading global suppliers of natural gas compressors and other related products. Littlefair, President and CEO of Clean Energy, will serve as the chairman of the board.

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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

India recently achieved a significant milestone in its journey towards clean energy with the commissioning of a 40 MW/120 MWh Battery Energy Storage System (BESS) in Chhattisgarh. However, beyond celebrating this achievement lies a broader recognition of the crucial role batteries play in driving clean energy transitions worldwide.

Clean 52
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Geely testing Emgrand methanol hybrid sedan in -40 C conditions

Green Car Congress

The new Emgrand runs on 100% clean methanol available in fueling stations. seconds and traveling 100km consumes roughly 9L (WLTP) of clean methanol. In the face of rising global gas prices, methanol fuel offers a viable cleaner affordable alternative, Geely said. From 0-100km/s takes 8.8

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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. Clean energy’s impact over the last 5 years From 2019 to 2023, growth in clean energy was twice as large as that of fossil fuels.

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