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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

Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Excluding China alone, new clean energy installations in emerging markets grew 21% to achieve a new record, with 36GW commissioned in 2018, up from 30GW in 2017.

Coal 243
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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory.

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

Green Car Congress

Domestic installation of energy-efficient heat pumps came to $50.8 Falling capital costs enabled record volumes of both solar (132GW) and wind (73GW) to be installed on the basis of the modest increase in dollar investment. Biomass and waste-to-energy financings were down 3% at $10 billion. billion, Vietnam 89% higher at $7.4

2020 259