March 27 2024

China’s Goldwind Retains Turbine Supplier Lead, as Global Wind Additions Hit New High, According to BloombergNEF

London and New York, March 27, 2024 – Global wind capacity additions surged to a record high of 118GW in 2023, according to a new report by research provider BloombergNEF (BNEF). BNEF’s 2023 Global Wind Turbine Market Shares report finds that developers commissioned 36% more capacity worldwide than in 2022 after capacity additions skyrocketed in […]

February 13 2024

Corporate Clean Power Buying Grew 12% to New Record in 2023, According to BloombergNEF

• BNEF’s 1H 2024 Corporate Energy Market Outlook shows that a surge of activity in Europe was the biggest catalyst in record activity • Big tech remains a large contributor of PPA growth • Amazon, Engie were the largest buyer and seller in 2023, respectively New York and London, February 13, 2024 – Corporations publicly […]

February 6 2024

Carbon Credits Face Biggest Test Yet, Could Reach $238/Ton in 2050, According to BloombergNEF Report

BNEF’s Long-Term Carbon Offsets Outlook 2024 shows that the success of the carbon offset market will be determined by the strength of demand and credibility of credits New York and London, February 6, 2024 – Ongoing scrutiny and reputational issues made 2023 a challenging year for the voluntary carbon market. 2024 is set to be […]

February 5 2024

China Drops to Second in BloombergNEF’s Global Lithium-Ion Battery Supply Chain Ranking as Canada Comes Out on Top

The fourth edition of BNEF’s ranking finds Canada’s raw material resources, strong integration with the US automotive sector, and clear policy commitments have given it an edge over competitors London, February 5, 2024 – Canada has overtaken China for the top spot in BloombergNEF’s (BNEF’s) Global Lithium-Ion Battery Supply Chain Ranking, an annual assessment that […]

January 30 2024

Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion in 2023, According to BloombergNEF Report

• BloombergNEF’s Energy Transition Investment Trends 2024 finds that renewable energy, electric vehicles, hydrogen and carbon capture all drive investment growth year-on-year • China leads with $676 billion invested in 2023, or 38% of the global total • Together, the EU, US and UK invested more than China in 2023, which was not the case […]

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 26 2023

Lithium-Ion Battery Pack Prices Hit Record Low of $139/kWh

BloombergNEF’s annual battery price survey finds a 14% drop from 2022 to 2023 New York, November 27, 2023 – Following unprecedented price increases in 2022, battery prices are falling again this year. The price of lithium-ion battery packs has dropped 14% to a record low of $139/kWh, according to analysis by research provider BloombergNEF (BNEF). […]

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 […]

October 23 2023

Vietnam Power Sector Needs More Renewables to Achieve Decarbonization Goals: Report

BloombergNEF: Renewable energy can meet Vietnam’s growing electricity demand without compromising energy security and affordability Utility-scale solar is already the cheapest source of electricity in Vietnam, and the country has great potential for developing offshore wind power Singapore, October 23, 2023 – Vietnam’s long-term goal to phase out the use of coal for power generation […]


Want to learn how we help our clients put it all together? Contact us