Category: Press Release

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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 […]
February 26 2018

Vestas Keeps Lead in Onshore Wind, Siemens Gamesa Narrows Gap

Global commissioning of onshore wind turbines fell 12% in 2017, partly due to a slowdown in China, but is expected to bounce back 17% to 55GW in 2018.  London, New York and Tokyo, February 26, 2018 – Developers commissioned just under 47GW of onshore wind turbines globally in 2017, with four manufacturers accounting for 53% […]
February 15 2018

Sustainable Energy In America Factbook 2018

Key findings in the sixth edition of the Sustainable Energy in America Factbook highlight U.S. energy trends contributing to American economic competitiveness.  Washington, D.C., February 15, 2018 – The rapid deployment of energy efficiency, natural gas and renewable energy in 2017 generated economic benefits without requiring increases in energy consumption or greenhouse gas emissions. Looking […]
January 22 2018

Corporations Purchased Record Amounts of Clean Power in 2017

Despite looming policy uncertainty in the two most active markets, corporations globally purchased 5.4 gigawatts of clean power through long-term contracts, surpassing 2015’s record. London, Washington D.C. and Hong Kong, January 22, 2018 – Corporations signed a record volume of power purchase agreements, or PPAs, for green energy in 2017. The increase in activity was […]
January 16 2018

Runaway 53GW Solar Boom in China Pushed Global Clean Energy Investment Ahead in 2017

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion.  London and New York, January 16, 2018 – An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This over-shadowed […]
November 28 2017

Rooftop PV Presents a $23 Billion Opportunity in India

New renewable energy projects will exceed fossil fuel build-out for the first time in 2017, and in the years thereafter London, Washington D.C. and Shanghai, November 28, 2017 – India will need to invest $23 billion over the next five years to meet its target for 2022 of 40GW of rooftop photovoltaics, according to a […]
November 28 2017

Climatescope: Solar Capacity Jumps by More Than Half in Developing Nations

Despite a down year for clean energy investment, 2016 photovoltaic capacity deployment scaled new heights in less developed countries: www.global-climatescope.org London, Washington D.C. and Shanghai, November 28, 2017 – New solar-powered generating capacity is growing at a crackling pace in emerging markets. The growth is fuelled by low-priced equipment and innovative new applications that are […]
November 14 2017

High Renewable Future in the UK and Germany to Create New Power Systems Flexibility Challenge

Bonn, 13 November 2017 – Economic tipping points mean renewable energy will account for over half of electricity generation by the mid-2020s in the UK and Germany. This comes as the cost of generating energy from wind and solar is expected to more than halve from today’s levels by 2040. This rapid growth in variable renewables […]
November 7 2017

Market for Digitalization in Energy Sector to Grow to $64BN by 2025

Digital technologies for fossil fuel operation and maintenance are big business today, but activity is shifting towards services for distributed renewables and the connected home.  London and New York, 7 November 2017 – New energy innovations will be centered on digital technologies and the strategic use of data, according to new research published today. A […]
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