Results for: solar

January 30 2025

Global Investment in the Energy Transition Exceeded $2 Trillion for the First Time in 2024, According to BloombergNEF Report

BloombergNEF’s Energy Transition Investment Trends 2025 finds that investment in the energy transition is higher than ever, but growth has slowed China invested most and drove the majority of the growth in 2024, eclipsing the US, the EU, and the UK Investment in mature technologies is growing globally, while investment in emerging technologies is struggling […]

January 29 2025

Third Annual Energy Supply Investment and Banking Ratios

The energy industry is shifting more of its investments into cleaner sources of supply. Bank financing for low-carbon energy supply technologies reached 95% of that for fossil fuels in 2023 – meaning that for every dollar that went to oil, natural gas and coal, 95 cents went into things like wind and solar.

January 9 2025

Five Energy Transition Lessons for 2025

To work in clean energy and climate is to live in a constant state of cognitive dissonance, stuck between good news and bad. On the good side, every year brings continuous growth in clean-tech industries, record levels of investment, and steady technological advances.

January 8 2025

Vietnam’s 2050 Net-Zero Target Represents a $2.4 Trillion Opportunity: BloombergNEF

• BNEF’s Net-Zero Transition: Opportunities for Vietnam report indicates that decarbonizing electricity supply is key to the country staying on track for the Paris Agreement’s goal • More than $2.4 trillion in investment and spending is required by 2050 in a net-zero pathway, 54% more than in an economics-led transition • Solar and wind generation […]

December 24 2024

Liebreich: Generative AI – The Power and the Glory

This year will go down in history as the year the energy sector woke up to AI. This is also the year AI woke up to energy. Is the data center power frenzy just the latest of a long line of energy sector bubbles, or is it the dawning of a new normal?

December 20 2024

Significant Investment Needed to Ready the Global Power Grid for Net Zero: BloombergNEF report

London, 12 December 2024 – In order to keep up with the energy transition, the world’s power grids will require significant investment and new mileage between now and 2050. According to BloombergNEF’s (BNEF) New Energy Outlook 2024: Grids report, an annual investment of $811 billion by 2030 will be required under BNEF’s Net Zero Scenario […]

December 3 2024

Europe Off-Track For 2030 Climate Targets, Despite Record Clean Energy Investment, According to BloombergNEF

London, December 3, 2024 – European governments face an uphill battle if they are to deliver rapidly approaching and legally binding 2030 climate goals, according to New Energy Outlook: Europe, a new report published today by research provider BloombergNEF (BNEF). BNEF’s base-case ‘Economic Transition Scenario’, which describes how the energy sector evolves as a result […]

December 2 2024

Latin America’s Clean Energy Build to Peak in 2024

Wind and solar installations in Latin America have been on a dramatic growth trajectory. Small-scale solar build in Brazil has driven the market to quintuple over the past five years, and new energy bills in Argentina and Mexico promise to promote clean energy investments.

November 26 2024

24/7 Carbon-Free Electricity Procurement Could be a Key Enabler for Asia-Pacific’s Energy Transition, According to BloombergNEF

South Korea, November 26, 2024 – Enabling 24/7 carbon-free electricity (24/7 CFE) procurement in Asia Pacific (APAC) could unlock the private investment needed for the region’s energy transition, according to 24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries, a report from BloombergNEF (BNEF) published in collaboration with the Global Renewables Alliance. BNEF’s […]

November 14 2024

Net Zero Hinges on Emerging Markets Outside China More Than Doubling Annual Energy Investment

Emerging markets outside China are projected to need to more than double their yearly investments in energy transition to achieve net-zero emissions by 2050. According to BloombergNEF, these low- and middle-income economies will need $69 trillion over the next few decades, covering areas such as solar and wind power, as well as electric vehicles.