article thumbnail

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. 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.

Coal 243
article thumbnail

New study puts air-pollution related deaths in India in 2019 at 1.67 million

Green Car Congress

Air pollution in India resulted 1.67 billion (US) in economic losses, according to a new study led by researchers from the Global Observatory on Pollution and Health at Boston College, the Indian Council of Medical Research, and the Public Health Foundation of India. Air pollution in India resulted 1.67 It is causing 1.67

Pollution 321
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
article thumbnail

IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

Green Car Congress

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221
article thumbnail

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
article thumbnail

Synthesis Energy Systems receives $5M equity investment from Zuari Industries Limited of India; collaboration on coal gasification

Green Car Congress

million strategic investment from fertilizer company Zuari Industries Limited of India in exchange for approximately 2.2 SES and Zuari have also been working together to use Zuari’s wholly-owned engineering company, Simon India Limited, for technical services related to SES projects in India. —H.S.

Coal 199
article thumbnail

Poor air quality to remain a problem in India despite pollution control policies

Green Car Congress

in 2030 even if India were to comply with its existing pollution control policies and regulations. The study shows that only about 833 million citizens (about half of India’s estimated population in 2030) would be living in areas that meet India’s National Ambient Air Quality Standards (NAAQS) in 2030. While current ambient PM2.5

Pollution 268