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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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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

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The Global Outlook of Electric Vehicles

Blink Charging

IEA states that cities that started adopting EVs early may also face electricity grid congestion as electricity infrastructure catches up to the new level of electricity demand. Europe has also invested in domestic battery development to increase its own market share. China continues to lead the way in terms of consumer solutions.