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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. 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.

Coal 243
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Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

The alliance, including India, aims to secure 5 GW of battery energy storage by 2024, aligning with the long-term goal of developing 90 GW of storage capacity worldwide. 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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Landi Renzo and Clean Energy combine natural gas compressor businesses

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and Clean Energy Fuels Corp. Landi Renzo’s SAFE, with a strong presence in Europe and Asia, and Clean Energy Compression, which is well established in the North and South America markets, will combine manufacturing and support operations and equip an international sales team with an expanded line of compressors.

Clean 150
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CMA CGM partners with Energy Observer on hydrogen-powered shipping

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The CMA CGM Group, a world leader in shipping and logistics, is joining forces with Energy Observer , the first hydrogen-powered vessel to embark on a round-the-world voyage. Energy Observer , formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sources. Earlier post.).

Hydrogen 307
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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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. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344
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US, Canada, Japan, Netherlands, and EC launch new hydrogen initiative

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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. Enabling deployment of hydrogen technologies in transport (e.g

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ICCT study assesses infrastructure needed to support near term deployment of zero-emission Class 4-8 vehicles in US

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A new study by the International Council on Clean Transportation (ICCT) assesses the near-term charging and refueling infrastructure needs for zero-emission Class 4-8 medium- and heavy-duty vehicles (MHDV) at the national and sub-national levels. This equates to around 1% of the total national electricity retail sales in 2021.

Emissions 442