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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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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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

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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.

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

Baua Electric

The new findings come from the IEA’s annual update on global energy-related CO2 emissions and the just-released inaugural edition of the IEA’s new series , the Clean Energy Market Monitor, which will track clean energy deployment and broadly outline the implications for global energy markets.

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The Short List Of Climate Actions That Will Work — India Edition Transcript

CleanTechnica EVs

Today I presented again to a large Indian audience, hosted by the India Smart Grid Forum. This was within the frame of the presentation I gave at the India Smart Utility Week on March 14th. continued] The post The Short List Of Climate Actions That Will Work — India Edition Transcript appeared first on CleanTechnica.

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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: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. Coal use in power generation alone surpassed 10 Gt, accounting for a third of the total increase. Most of that came from a young fleet of coal power plants in developing Asia. Oil demand grew 1.3%

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