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

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

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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) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Investment in solar jumped 29% to $149.6

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How Will EV Charging Powered by Renewable Energy Create a Greener World

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Renewables provide a less expensive and eco-friendly energy source as a means to handle the growing pressure on the grid caused by multiple factors including extreme temperature fluctuations driving up demand for more electric heating and cooling. Solar and wind are the easiest to locate, scale, and convert to energy.