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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. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7

Coal 243
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The world’s longest land and subsea interconnector just came online

Baua Electric

billion) project is a joint venture between the UK’s National Grid and Danish national transmission system operator Energinet. National Grid says that the world’s longest land and subsea interconnector can transport enough electricity for up to 2.5 billion ($2.16 GW interconnector between the UK and the Netherlands called LionLink.

Denmark 52
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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

. … We will work together to overcome strategic, political, and technical barriers, accelerate the production of zero emission vehicles and increase economies of scale, to make the transition faster, lower cost, and easier for everyone. Unilever; Vattenfall; Zenith; Zurich.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

Africa 221