December 1 2023

Mobilizing Capital in and to Emerging Markets

In 2022, some 75% of new power generation capacity added in emerging markets and developing economies (EMDEs), excluding China[1], was low-carbon. Energy transition investment in these markets reached a new record of $85 billion, up 10% from 2021. However, low-carbon investment in and to EMDEs continues to fall significantly short of what is required to […]

November 29 2023

Global PV Market Outlook, 4Q 2023

As 2023 draws to a close, the solar industry is installing record volumes worldwide and selling at record-low prices.

November 29 2023

India, China, Chile, the Philippines, and Brazil Top Ranking as the Most Attractive Developing Economies for Clean Energy Investment According to Report

BloombergNEF’s Climatescope report reviews clean energy progress in 110 emerging economies Almost all these markets have renewable energy targets in force, but three-fifths of them have yet to achieve even half of their stated ambitions London, 29 November 2023 – India is the most attractive developing economy for renewable energy investment, narrowly edging out mainland […]

November 27 2023

What the Home Battery Market Needs to Scale

Globally, a rapid expected scale-up in renewable energy will require power storage to balance daily fluctuations in output from solar and wind generation.

November 21 2023

China’s Contributions to Latin America’s Push to Net Zero

The shared ambitions of Latin American nations to foster higher-value economic activities and expedite their transition toward a net-zero energy future have enhanced the growing appeal of the region to businesses.

November 21 2023

Tripling Global Renewables By 2030 Is Hard, Achievable and Necessary to Achieve Net Zero

Tripling global renewables capacity by 2030, as proposed by the COP28 Presidency, is in line with the 10.5 terawatts required to get on track for net-zero according to BloombergNEF analysis BNEF’s forecasts see solar on track for what’s needed by 2030, while wind and storage will require concerted action to unlock London, November 21, 2023 […]

November 21 2023

G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion

Read the full factbook here New York, November 21, 2023 – Governments and state-owned companies in the 19 individual G-20 member states provided $1.3 trillion of support for fossil fuels last year, according to a new report produced by research provider BloombergNEF (BNEF) in partnership with Bloomberg Philanthropies. Much of the increase came as a […]

November 20 2023

Greener Heavy Industry Is Possible, But Only With Smart Policy Support

Global supply and demand for green industrial products – such as net-zero steel, cement and fertilizers – will be crucial to delivering on international climate targets.

November 17 2023

Coal Declines Amid Solar Boom in South Africa, in Five Charts

South Africa’s coal-heavy power system will transform rapidly even in an economics-led scenario, new BNEF modelling finds.

November 1 2023

2H 2023 US Clean Energy Market Outlook

A staggering 619 gigawatts (GW) of solar, wind and storage will come online between 2023 and 2030 in the US, according to BloombergNEF forecasts, up 19GW from the previous outlook.

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