Remove Global Remove Solar Remove Turkey Remove Wind
article thumbnail

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

Green Car Congress

Global clean energy investment was $67.8 Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5 In 3Q, Chinese solar investment was $14.2

Clean 259
article thumbnail

SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The technology has been vetted and validated, technically and financially, by leading global institutions including the US Export-Import Bank, Barclays and Deutsche Bank, and Shell New Energies’ gasification experts. Waste is a global problem, clogging waterways, contaminating oceans, packing landfills and polluting skies.

Waste 448
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. Click to enlarge. Outlook for Energy.

Energy 252
article thumbnail

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

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.

2020 259
article thumbnail

UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

The Paris Agreement looks to limit global warming to under 2 ËšC, with a more ambitious goal of 1.5 ËšC If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ËšC can still be reached. C also on the table. C will already be well depleted by 2030.

article thumbnail

Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

Green Car Congress

The existing conventional generation, global energy trading, and exploration and production businesses will be combined in a new, independent company (“New Company”), a majority of which will be spun off to E.ON will place a particular emphasis on expanding its wind business in Europe and in other selected target markets.

Power 244
article thumbnail

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

Green Car Congress

of global and 17% of European reserves. The US tops the list of the richest oil shale reserves, accounting for more than 60% globally, with the most concentrated deposits located in the Green River Formation that lies in western Colorado, eastern Utah and southern Wyoming.

Estonia 236