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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. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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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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The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Congress has provided hundreds of billions of dollars to speed the deployment of clean-energy technologies. These investments are one reason why the International Energy Agency (IEA) in September insisted that there’s still hope to hold global temperature rise to 1.5 °C clean-tech legislation. In the past two years, the U.S.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. India is planning to almost double the length of its gas transmission grid, while China will grow its gas network about 60% by 2025.

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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. —Dr Birol.

Global 344
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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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The special report, The Role of Critical Minerals in Clean Energy Transitions , is the most comprehensive global study to date on the central importance of minerals such as copper, lithium, nickel, cobalt and rare earth elements in a secure and rapid transformation of the global energy sector.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

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