Results for: solar

November 17 2023

Coal Declines Amid Solar Boom in South Africa, in Five Charts

South Africa’s coal-heavy power system will transform rapidly even in an economics-led scenario, new BNEF modelling finds.

November 1 2023

2H 2023 US Clean Energy Market Outlook

A staggering 619 gigawatts (GW) of solar, wind and storage will come online between 2023 and 2030 in the US, according to BloombergNEF forecasts, up 19GW from the previous outlook.

October 31 2023

Unlocking Indonesia’s $22 Billion Green Plan Hinges on Grid

Indonesia has no shortage of projects that can tap into a $22 billion package put together by developed countries and multilateral institutions to help green its power sector almost a year ago, but it’s going to take time to get funding flowing.

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 […]

October 18 2023

Power Transition Trends 2023

While the use of fossil fuels stepped up to meet demand, renewables are still making significant progress globally.

October 9 2023

2H 2023 Energy Storage Market Outlook

Three years into the decade of energy storage, deployments are on track to hit 42GW/99GWh, up 34% in gigawatt hours from our previous forecast.

October 2 2023

Solar Soon to be the Most Affordable Electricity Source for Bangladesh: Report

BloombergNEF: Renewable energy provides the cheapest option for Bangladesh to meet its growing electricity demand while reducing emissions Singapore, September 25, 2023 – Bangladesh’s heavy reliance on fossil-fuel thermal power plants has reduced the country’s energy security, while draining its foreign curreny reserves and increasing local pollution. In addition, further expansion of fossil-fuel thermal power […]

September 19 2023

A Former Prime Minister Backs Hydropower as Mission Critical

Hydropower generates more electricity than all other renewable technologies combined and took a major step forward last year with as much as 34 gigawatts added.

September 13 2023

Dead Horse, Also-Ran, or Unicorn? How Nuclear Fits With Net Zero

For conventional nuclear fission being used today – which involves splitting atoms to release energy – there are two main barriers to it being considered a serious contender in the race to net zero: skepticism around the safety of reactors and radioactive waste disposal, and cost.

September 7 2023

The Race to Localize Clean Technology Supply Chains

Today’s clean technology supply chains are dominated by China, but that may change if factory investments take off elsewhere.