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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 billion of final investment decisions on offshore wind projects in Europe. billion) and South Africa ($5.5 billion between those two countries—and a record $18.6

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