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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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Ulstein introduces second hydrogen vessel design: J102 hydrogen hybrid wind turbine installation vessel

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The ULSTEIN J102 zero emission wind turbine installation vessel (WTIV), can operate 75% of the time in zero emission mode. The downside however of a high-power battery energy storage system (BESS) is the heavy weight and cost. —Ko Stroo, Product Manager at Ulstein. Battery energy storage.

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Maxwell Technologies sells HV product line to Renaissance to focus on energy storage for EVs

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a leading developer and manufacturer of energy storage and power delivery technology, has simultaneously signed and closed a definitive agreement to sell its High Voltage (HV) product line to Renaissance Investment Foundation. Maxwell Technologies, Inc., million for Maxwell—approximately 21% of the total revenue reported.

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

As dealerships embrace electrification to maintain competitiveness , it’s crucial to also explore the benefits of integrating battery energy storage systems (BESS). Discover key insights into incorporating battery storage for your dealership’s sustainable energy storage. What are battery energy storage systems?

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End of production for BMW i3; 250,000 units over 8 and a half years

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The serial production of the BMW i3 has ended , some eight and a half years after it was launched. At the same time, the BMW Group Plant Leipzig becomes the first location in the company’s global production network where BMW and MINI models are manufactured together. The BMW i3 (combined power consumption: 16.3 - 15.3

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.

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