July 6 2020

New Report Reveals Economic Path to a Rapid Coal Phase-out in Europe

“Investing in the Recovery and Transition of Europe’s Coal Regions” report from BloombergNEF and Bloomberg Philanthropies shows potential for Bulgaria, Czechia, Poland and Romania to move off coal power, grow economies, and play a leading role in Europe’s green recovery Read the full report here. Brussels and New York, July 6, 2020 – Today, Bloomberg […]

July 1 2020

Solar Mini-grids Set to Play Critical Role in Achieving Universal Electricity Access with Right Policy Support

  BNEF and SEforALL research for the Mini-Grids Partnership identified 5,544 installed mini-grids in Sub-Saharan Africa, Asia and small island nations, with some in Latin America. The estimated cost of electricity is $0.49-0.68/kWh for isolated solar hybrid mini-grids for productive-use customers and households. 111 million households could be served by mini-grids in Sub-Saharan Africa, Asia and […]

June 26 2020

New Report Presents India’s Clean Energy Progress as a Model for Cleaner Economic Growth and Recovery Following Covid-19

  “India’s Clean Power Revolution” report by BloombergNEF and Bloomberg Philanthropies shows how India has become a thriving clean energy market, and how it can achieve its renewable power target of 450GW by 2030, the most ambitious in the world Read the full report here.   New York and New Delhi, June 26, 2020 — […]

June 10 2020

Falling Clean Energy Costs Can Provide Opportunity to Boost Climate Action in COVID-19 Recovery Packages

  184 GW of clean power capacity added in 2019, a 20 GW jump from 164 GW added in 2018 This new capacity delivered with almost the same investment as 2018 – USD 282.2 billion – demonstrating falling costs 826 GW of new non-hydro renewable power planned by 2030, at likely cost of around USD […]

May 19 2020

Electric Vehicle Sales to Fall 18% in 2020 but Long-term Prospects Remain Undimmed

  EVs more resilient as overall car market expected to shrink by 23% in response to health and economic crisis   London and New York, May 19, 2020 – Sales of electric passenger vehicles are forecast to fall 18% in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […]

April 28 2020

Scale-up of Solar and Wind Puts Existing Coal, Gas at Risk

  Solar, wind and batteries see dramatic gains in competitiveness over the last six months compared to longer-established energy options   London and New York, April 28, 2020 – Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. Those two-thirds live in locations […]

April 2 2020

Sweden, Spain the Cheapest European Markets for Wind and Solar Corporate PPAs, BNEF Survey Finds

  New BNEF report presents results of a corporate power purchase agreement pricing survey, de-mystifying fair PPA price ranges in Europe   London, April 2, 2020 – Sweden and Spain respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […]

March 30 2020

‘Hydrogen Economy’ Offers Promising Path to Decarbonization

  Use of clean hydrogen can help address the toughest third of global greenhouse gas emissions by 2050, but only if net-zero emission goals and policies are set Sydney and London, March 30, 2020 – The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some […]

February 18 2020

Vestas Still Rules Turbine Market, But Challengers Are Closing In

Global commissioning of wind turbines was up 22% in 2019, thanks to a bumper year in China and the U.S., and an acceleration offshore. A further 24% jump, to 75GW, is expected in 2020. London and New York, February 18, 2020 – Developers commissioned almost 61GW of wind turbines globally in 2019, compared with 50GW […]

February 13 2020

Energy Efficiency, Natural Gas and Renewable Energy Drove Decade of U.S. Energy Transformation

Sustainable Energy in America Factbook highlights the 2010s – an era of economic growth, reduced CO2 emissions and sharply falling energy costs for consumers Washington, D.C., February 13, 2020 – The U.S. overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and […]

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