Press Release Archives | Page 9 of 24

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 […]

January 27 2022

Global Investment in Low-Carbon Energy Transition Hit $755 Billion in 2021

BloombergNEF’s annual investment report records a 27% rise from 2020 to 2021, with almost half of all investment occurring in Asia London, January 27, 2022 – Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from […]

January 12 2022

Sustainable Debt Issuance Breezed Past $1.6 Trillion in 2021

Total sustainable debt issuance through 2021 exceeded $4 trillion, demonstrating the popularity of environmental, social and governance borrowing London and New York, January 12, 2022 – Volumes of sustainable debt surpassed $1.6 trillion in 2021 alone, more than doubling 2020’s end of year value, according to data compiled by research company BloombergNEF (BNEF) […]

January 10 2022

Carbon Offset Prices Could Increase Fifty-Fold by 2050

Surging demand and unanswered questions on supply could push offset prices to unsustainable highs or ill-fated lows New York and London, January 10, 2022 – Prices for carbon offsets – verified emissions reductions equivalent to one ton of carbon each – could be as high as $120/ton or as low as $47/ton in 2050, […]

December 14 2021

Emerging Market Clean Energy Investment Slid as Covid-19 Spread

Investor support for the energy transition surged in 2020, but capital flows to less developed countries slowed as the pandemic raged on London, December 14, 2021 – Despite a record-breaking year for energy transition investment in 2020, investors poured $67 billion fewer dollars into clean energy in emerging markets than they did into […]

December 1 2021

Steel Industry Set to Pivot to Hydrogen in $278 Billion Green Push

Hydrogen and recycling are key technologies to lower the emissions of the world’s most widely used metal New York and Beijing, December 1, 2021 – Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). […]

November 30 2021

Battery Pack Prices Fall to an Average of $132/kWh, But Rising Commodity Prices Start to Bite

BloombergNEF’s annual battery price survey finds prices fell 6% from 2020 to 2021 Hong Kong and London, November 30, 2021 – Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021[1]. This is a 6% drop from $140/kWh in 2020. Continuing […]

November 24 2021

Producing Battery Materials in the DRC Could Lower Supply-Chain Emissions and Add Value to the Country’s Cobalt

Study identifies DRC as a favorable destination for the manufacturing of sustainable battery materials used in high-nickel batteries London and Kinshasa, November 24, 2021 – The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor […]

November 15 2021

Global Energy Storage Market Set to Hit One Terawatt-Hour by 2030

The U.S. and China will lead, claiming over half of the global installations by the end of this decade New York and Beijing, November 15, 2021 – Energy storage installations[1] around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 […]

November 10 2021

Electric Vehicle Sales Headed For Five And A Half Million In 2021 As Automakers Target 40 Million Per Year By 2030

32% of global auto market now covered by manufacturers’ commitments to end sales of fossil fuel-powered vehicles, and 20% covered by equivalent national policies London, November 10, 2021 – Passenger electric vehicle sales are set to jump over 80% in 2021, to 5.6 million units, off the back of unprecedented industry and […]