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In 2023, investment in clean energy manufacturing shot up 70% from 2022

Baua Electric

Photo: Heliene Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA). Spending on solar PV manufacturing more than doubled last year, while investment in battery manufacturing rose by around 60%.

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DOE launches $8B program for clean hydrogen hubs across US

Green Car Congress

The US Department of Energy (DOE) released a Notice of Intent (NOI) ( DE-FOA-0002768 ) to fund the Bipartisan Infrastructure Law’s (BIL) $8-billion program to develop regional clean hydrogen hubs (H2Hubs) across America. Can be developed into a national clean hydrogen network to facilitate a clean hydrogen economy.

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In 2023, investment in clean energy manufacturing shot up 70% from 2022

Electrek

Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA).

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The future of global investment in clean energy technologies

Innovation News Network

Learn why sustainable energy innovation is key to the green transition, as investment in clean energy technologies soars above fossil fuels. The post The future of global investment in clean energy technologies appeared first on Innovation News Network.

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World Bank Group: mineral production to soar as demand for clean energy increases

Green Car Congress

A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

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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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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.

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