November 6 2018

Energy Storage is a $620 Billion Investment Opportunity to 2040

BNEF has significantly increased its forecast for global deployment of behind-the-meter and grid-scale batteries over coming decades.  (The dollar investment figure in this press release was corrected on November 15, 2018 following the discovery of a totaling error. The GW and GWh capacity figures are not affected, and neither are the overall findings. BNEF apologizes […]

October 9 2018

Electric Vehicle Company Fundings Are Bright Spot As Clean Energy Investment Slips in Third Quarter

Three Chinese electric vehicle firms raised $1.9 billion between them from public market, venture capital and private equity investors during 3Q 2018.  London and New York, October 9, 2018 – Global clean energy investment[1] was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest […]

September 12 2018

Asia to Dominate Long-Term LNG Demand Growth

Asia will play a more dominant role in driving LNG demand. Long-term demand growth in Europe will be challenged by competition from renewables and batteries.  London, New York and Singapore, September 12, 2018 – Imports of liquefied natural gas (LNG) will set a new record this year on the back of a robust 8.5% growth, […]

July 9 2018

Solar Energy Investment Set to Fall in 2018, on Cutback in China and Lower Equipment Costs

However, overall clean energy investment was steady in the first half of the year, thanks to a strong second quarter for wind power investment, led by the U.S. and China.     London and New York, July 9, 2018 – A mixed picture for global clean energy investment in 2018 is emerging, with dollar investment in […]

June 19 2018

Batteries boom enables world to get half of electricity from wind and solar by 2050

Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as comparative costs shift heavily in favor of wind, solar and batteries    London and New York, June 19, 2018 – Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 […]

May 21 2018

E-Buses to Surge Even Faster Than EVs as Conventional Vehicles Fade

The supply of cobalt has emerged as a potential risk to the pace of growth in electrified transport over the next few years    London and New York, May 21, 2018 – The electrification of road transport will move into top gear in the second half of the 2020s, thanks to tumbling battery costs and […]

April 11 2018

Giant Moroccan Solar Park Takes Top Spot in Subdued First Quarter

Clean energy investment was $61.1 billion in the first quarter of 2018, down 10% year-on-year but there were pockets of strength, mainly in developing economies. London and New York, April 10, 2018 – Developing countries were prominent in clean energy investment in the first three months of 2018, with China once again accounting for more […]

April 9 2018

Ten Winners of The New Energy Pioneers Unveiled at Bloomberg New Energy Finance Summit in New York City

Innovative companies from around the world recognized for their leadership in clean energy technologies and business transformation.  New York, April 9, 2018 – Bloomberg New Energy Finance (BNEF) is pleased to announce its selection of the 2018 New Energy Pioneers – innovators that are revolutionizing the energy, transport, and technology sectors. The winners (listed below) […]

March 28 2018

Tumbling Costs for Wind, Solar, Batteries Are Squeezing Fossil Fuels

Latest BNEF study of comparative costs worldwide shows an 18% improvement in the competitiveness of onshore wind and solar in the last year, and new and rapidly developing roles for batteries. London and New York, March 28, 2018 – Coal and gas are facing a mounting threat to their position in the world’s electricity generation […]

March 22 2018

LNG Trade to Surpass 300MMtpa for the First Time This Year, as Asia and Europe Drive Up Imports

BNEF sees global LNG demand growing to 305MMtpa[1] in 2018 and 490MMtpa by 2030. New export capacity scheduled to come online in 2018-2020 will provide sufficient supply until 2025.  London, New York and Singapore, 22 March 2018 – Global imports of liquefied natural gas (LNG) will set a new record this year on the back […]

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