article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
article thumbnail

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

To increase and improve the sector, Estonia is not only spending heavily on RD&D for biomass-based energy, wind and solar power, but it is also pursuing solutions such as fuel cells and electrolyzers as well as computer-based energy management technologies for buildings, power storage and grid development.

Estonia 236
article thumbnail

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

Green Car Congress

Automakers in Europe can lower their emissions by shortening the transport distance and capitalizing on the DRC’s hydroelectric powered grid and proximity to raw materials. However, the raw materials for batteries are, in most cases, imported into China from Africa and refined before being exported to Europe.

Africa 221