Press Release Archives | Page 8 of 24

June 22 2022

$223bn Investment Needed for India to Meet 2030 Wind and Solar Goals

Renewables crucial for India to meet its longer-term climate goals New Delhi, June 22, 2022 – India will require $223 billion of investment in order to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). The goal is part of the […]

June 1 2022

Net-Zero Road Transport By 2050 Still Possible, As Electric Vehicles Set To Quintuple By 2025

Last internal combustion vehicle must be sold by 2038 to achieve net-zero global fleet by 2050; urgent policy action key, especially on heavy commercial vehicles finds BNEF London and New York, June 1, 2022 – The road transport sector can still reach net-zero emissions by 2050 through electrification, but urgent action is required […]

May 24 2022

$759 Billion Required for a Net-Zero Petrochemicals Sector by 2050

CCS and electrification will decarbonize the key chemicals used across industry New York and Munich, May 24, 2022 – Petrochemicals could be made with almost no carbon emissions by investing an extra $759 billion by 2050, according to a new report from research firm BloombergNEF (BNEF). Electrification and carbon capture and storage are […]

April 19 2022

BloombergNEF Announces its First Net Zero Summit in Bali Ahead of B20 and G20 Summits

Net zero-themed Summit to convene 300 global and Indonesian business leaders and investors on November 12, 2022 New York, April 18, 2022 – BloombergNEF (BNEF) will host a special one-off BloombergNEF Summit Bali on November 12, 2022 ahead of the Business 20 (B20) and G20 Summits taking place in Bali, Indonesia, in the […]

April 14 2022

BloombergNEF Announces 12 Climate Innovators as BNEF Pioneers in 2022

New York, April 14th, 2022 – BloombergNEF (BNEF) today announced the twelve winners of its 2022 BNEF Pioneers – early-stage companies that are pursuing significant low-carbon opportunities. The winners’ innovations fill important gaps that address the challenges of generating 24/7 clean power, achieving net-negative carbon-capture, and decarbonizing aviation. Additionally, BNEF selected three wildcard winners. Since […]

April 6 2022

E.ON Leads BNEF Transition Scores for Power Utilities

Other European majors round out leaderboard while coal drags Asian utilities down New York, April 6, 2022 – E.ON, Iberdrola and EDF beat other utilities when it comes to managing climate risk and are thus best-poised to take advantage of opportunities arising from the energy transition, according to a new report by research […]

March 29 2022

G-20 Go Big on Climate Vows but Policies at Home Lack Punch

Meaningful domestic efforts to achieve CO2 reductions remain elusive, despite unprecedented commitments to address climate change made pre-COP26 London, March 29, 2022 – No G-20 government has implemented sufficient and concrete policies to match the promises to tackle climate change made at COP26 in Glasgow last year, according to a new report from research […]

March 23 2022

Vestas Leaves Competitors Trailing as Wind Industry Posts Another Record Year of Almost 100 Gigawatts

Global commissioning of wind turbines reached 99.2GW in 2021, moving ever-closer to a 100-gigawatt year. Offshore wind additions surged 161% year-on-year London and New York, March 23, 2022 – The wind industry posted another record for new commissioned capacity in 2021, as total additions fell just short of 100 gigawatts for the second […]

March 3 2022

Record 2021 Investment, Demand Highlight Critical Role Sustainable Energy Technologies Play in the U.S. Economy

Tenth Annual Edition of the Sustainable Energy in America Factbook Provides Key Data on the Role of Energy Efficiency, Natural Gas and Renewable Energy in Driving the Energy Transition Washington, D.C. – Despite the Covid-19 pandemic, 2021 was a record-breaking year for investment in the energy transition and the deployment of renewable power, battery […]

January 31 2022

Corporate Clean Energy Buying Tops 30GW Mark in Record Year

Corporations purchased 31.1 gigawatts of clean power through long-term contracts, largely driven by activity in the U.S. and from large technology companies New York and London, January 31, 2022 – Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous […]