March 10 2021

Global Wind Industry Had a Record, Near 100GW, Year as GE, Goldwind Took Lead From Vestas

  Global commissioning of wind turbines was up 59% to 96.7GW in 2020 as installations surged in China and the U.S. New offshore wind capacity was down 13%   London and New York, March 10, 2021 – In a record-setting year, the wind market commissioned nearly 100 gigawatts of new build in 2020. Undeterred by […]

February 18 2021

2021 Sustainable Energy in America Factbook Shows Resilient, Clean Energy Growth in 2020, Despite Overall Economic Decline

  New Analysis Provides Comprehensive Review of Clean Energy Growth in a Pandemic Year   Washington, D.C. – Faced with COVID-19 pandemic and sharp economic contraction, the U.S. clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) find in their annual […]

February 1 2021

G20 Countries’ Climate Policies Fail to Make the Grade on Paris Promises

  New G20 Zero-Carbon Policy Scoreboard assesses, ranks nations – and finds that despite impressive headline goals, follow-through efforts are badly lacking ahead of COP26   London, February 1, 2021 – With just nine months to go until the critical next round of international climate talks, the world’s largest economies are far from having the […]

January 26 2021

Corporate Clean Energy Buying Grew 18% in 2020, Despite Mountain of Adversity

Corporations purchased a record 23.7GW of clean power through long-term agreements, propelled by growth in new markets   New York and London, January 26, 2021 – Corporations purchased a record of 23.7GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018, according to new research published by BloombergNEF (BNEF). The […]

January 19 2021

Energy Transition Investment Hit $500 Billion in 2020 – For First Time

  The world invested unprecedented amounts in low-carbon assets last year, from renewables to cleaner transport, energy storage to electric heat   London and New York, January 19, 2021 – A new, broad measure of ‘energy transition investment’, compiled by BloombergNEF (BNEF), shows that the world committed a record $501.3 billion to decarbonization in 2020, […]

January 11 2021

Sustainable Debt Breaks Annual Record Despite Covid-19 Challenges

Total sustainable debt issuance in 2020 was $732 billion, with social and sustainability bonds enjoying spectacular growth, and green bonds seeing a late-year surge   London and New York, January 11, 2021 – Sustainable debt hit a new record in 2020 for greatest volume of issuance in a year, at $732.1 billion across bond and […]

December 16 2020

Battery Pack Prices Cited Below $100/kWh for the First Time in 2020, While Market Average Sits at $137/kWh

  BloombergNEF’s annual battery price survey finds prices fell 13% from 2019   Hong Kong and London, December 16, 2020 – Lithium-ion battery pack prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 89% in real terms to $137/kWh in 2020. By 2023, average prices will be close to $100/kWh, according to the […]

December 9 2020

After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020

  BloombergNEF’s annual Climatescope survey illustrates investors’ pre-pandemic appetite for clean energy in developing markets; Chile finishes atop the market ranking   London, Washington D.C., São Paulo, December 9, 2020 – As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such […]

December 1 2020

More Gender Diversity on Corporate Boards Makes for Better Climate Governance and Innovation

  Gender diversity in the senior workforce is important for driving innovation in the clean energy transition and for implementing strategies for timely climate action   Shanghai and Tokyo, December 1, 2020 – A proportion of 30% or more for women on corporate boards has shown a positive correlation with better climate governance and innovation […]

December 1 2020

Accelerated Electrification Coupled with Renewables Can Put China on Path Toward Carbon Neutrality

  “China’s Accelerated Decarbonization” report by BloombergNEF presents how China could speed up its decarbonization, and the economic benefits of progressing towards net-zero   Shanghai, December 1, 2020 — Today, BloombergNEF (BNEF) and Bloomberg Philanthropies released “China’s Accelerated Decarbonization” – a new white paper detailing how China could take major steps toward its recently announced […]

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