Results for: solar

November 21 2018

Batteries, Electric Vehicles, Demand Response and Interconnection with Nordic Hydro Will Make U.K. and German Power Systems Cheaper and Cleaner

New forms of flexibility key to an affordable, renewables-led power system.  London and Berlin, November 21, 2018 – Flexible energy options, such as energy storage, smart-charging electric vehicles, demand response and interconnectors, are needed to ensure that the energy transition proceeds on an optimal path. Our expensive power system would otherwise be reliant on fossil-fueled […]

November 20 2018

India’s Mahindra Sees Fightback by Regular Cars Versus EVs: Q&A

By Vandana Gombar, BloombergNEF. This interview first appeared on the Bloomberg Terminal.  The $21 billion Mahindra group sells about a million vehicles every year, mostly in India – two-wheelers, three-wheelers, sedans, utility vehicles, trucks and tractors. Mahindra’s electric vehicles business is much smaller, though sales have been increasing – about 4,000 EVs were sold in […]

November 19 2018

Microgrids Capture More Energy Access Startup Funding

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Startups selling energy to off-grid areas raise $308 million Funding in the sector may decline for first time in 2018 Startups distributing solar-based energy products to those not adequately served by the conventional electric grid in Sub-Saharan Africa and South Asia have raised $1.3 billion […]

November 12 2018

‘Next-Gen Utility’ Offers Africans Solar, Internet: Q&A

By Bryony Collins, BloombergNEF. This interview first appeared on the Bloomberg Terminal.  Providing internet to off-grid solar customers in Africa is the next logical step for BBOXX Ltd. in becoming a “next-generation utility,” according to Mansoor Hamayun, chief executive and co-founder of the U.K.-based company, which is backed by Engie SA and venture capital investors. […]

November 6 2018

Energy Storage is a $620 Billion Investment Opportunity to 2040

BNEF has significantly increased its forecast for global deployment of behind-the-meter and grid-scale batteries over coming decades.  (The dollar investment figure in this press release was corrected on November 15, 2018 following the discovery of a totaling error. The GW and GWh capacity figures are not affected, and neither are the overall findings. BNEF apologizes […]

October 22 2018

India Discusses Ideas to Smooth Flow of Finance to Renewables

By Angus McCrone, Chief Editor, Bloomberg NEF There is a paradox when it comes to India and its renewable energy sector. On the one hand, the country has impressive successes to point to – our analysts expect India to install 2.9GW of onshore wind this year, and as much as 10.8GW of PV, confirming it […]

October 16 2018

Blockchain Can Extend Battery Life by Revealing Origin: Q&A

By Bryony Collins, Bloomberg NEF. This interview first appeared on the Bloomberg Terminal.  Everledger Ltd wants to use its experience determining the provenance of diamonds to improve the sustainability of the global supply chain for electric vehicle batteries. The London-based company has built a digital ledger platform containing details of more than 2 million diamonds […]

October 15 2018

Bullard: Tech Investments Are Powering Up Clean Energy

This article first appeared on Bloomberg View and the Bloomberg Terminal. By Nathaniel Bullard This week, my Bloomberg Opinion colleague Shira Ovide took a close look at U.S. tech company capital expenditures. Three years ago, Alphabet Inc., Apple Inc., Amazon.com Inc., Microsoft Corp. and Facebook Inc. spent $40 billion on big-ticket physical assets; last year, they invested $80 billion, […]

October 9 2018

Electric Vehicle Company Fundings Are Bright Spot As Clean Energy Investment Slips in Third Quarter

Three Chinese electric vehicle firms raised $1.9 billion between them from public market, venture capital and private equity investors during 3Q 2018.  London and New York, October 9, 2018 – Global clean energy investment[1] was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest […]

September 24 2018

EVgo Gets Ready for ‘Tsunami’ of Electric Transport: Q&A

By Richard Stubbe, Bloomberg NEF editor. This article first appeared on the Bloomberg Terminal.  EVgo, which operates more than 1,000 electric-vehicle chargers in 66 U.S. markets, is preparing for “the tsunami we’re about to see in the electrification of transportation,” CEO Cathy Zoi said, as automakers, utilities, regulators and private charge-point operators gear up for […]