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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Other areas of energy transition investment also showed strength. Domestic installation of energy-efficient heat pumps came to $50.8 billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices.

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Dunhuang, China Built in an industrial park in Northwest China, this project began commercial operations in June 2020.

article thumbnail

Thermal Solar Goes Where PVs Can’t

Cars That Think

Even so, solar-thermal developments continue to unfurl across the planet's sunniest expanses, driven by the growing demand for energy storage and cleaner heat sources. Dunhuang, China Built in an industrial park in Northwest China, this project began commercial operations in June 2020.