Results for: solar

July 19 2016

Gombar: The 175GW renewables goal – An Indian rope trick?

By Vandana Gombar Policy Editor Bloomberg New Energy Finance   The Indian rope trick was a popular magical illusion of the 19th Century and beyond, involving a lot of smoke and other visual distractions, a coil of rope that uncurled and rose up improbably towards the sky and sometimes a small boy who climbed it. […]

July 14 2016

Clean energy investment – Q2 2016 fact pack

Clean energy investment in 2016 undershooting last year’s record. Investment slowdowns in China and Japan, as well as further reduction in the cost of solar, mean 2016 investment will fall well short of 2015’s upwardly revised $348.5bn. See the related press release here. Contents: 1. Clean energy coverage and definitions 2. Annual clean energy investment […]

July 14 2016

Clean energy investment in 2016 undershoots last year’s record

View this press release in PDF. Investment slowdowns in China and Japan, as well as further reduction in the cost of solar, mean 2016 investment will fall well short of 2015’s upwardly revised $348.5bn London and New York, 14 July 2016 – Clean energy investment in the second quarter totaled $61.5bn, some 12% above the […]

June 27 2016

U.S., Mexico, Canada Pledge 50 Percent Clean Power by 2025

The U.S. and Mexico will commit to joining Canada in boosting their use of wind, solar and other carbon-free sources of electricity, helping North America meet an ambitious goal of generating at least 50 percent of its energy from “clean” sources by 2025. The pledge is set to be made as part of a trilateral […]

June 27 2016

McCrone: How has energy’s long term changed in the last year?

By Angus McCrone Chief Editor Bloomberg New Energy Finance   It seems that what I did in the 1970s is suddenly catching up with me. Or, at least, so says my dentist. My choice of sugary drinks back then, and the resulting low-tech fillings, mean that nowadays I brace myself for trouble every time I […]

June 13 2016

Coal Firm to Pay Obama Mentor $435,000 to Fight Climate Plan

Peabody Energy Corp. is set to pay President Barack Obama’s Harvard Law School mentor $435,000 this year to help the bankrupt coal producer challenge the administration’s signature environmental law. The payments to Laurence Tribe, a constitutional law expert and legal icon — spanning May to December this year — were disclosed in a legal filing […]

June 12 2016

Coal and gas to stay cheap, but renewables still win race on costs

This year’s edition of BNEF’s long-term forecast sees $11.4 trillion investment in global power generation capacity over 25 years, with electric vehicles boosting electricity demand by 8% in 2040. London and New York, 13 June 2016 – Low prices for coal and gas are likely to persist, but will fail to prevent a fundamental transformation […]

May 24 2016

Justin Wu: What does a China slowdown really mean for clean energy?

By Justin Wu Head of Asia-Pacific Bloomberg New Energy Finance   In the 18th century, Voltaire was in love with China. Though he had never been there himself, he read the numerous accounts of early Jesuit travelers to the country, and decided that there was much to admire. “The human mind cannot imagine a better […]

May 17 2016

New California Gold Rush Beckons Wind Developers Off Coast

When turbines start spinning at the first U.S. offshore wind farm near Rhode Island later this year, some energy developers will already be eyeing a bigger prize. There’s a steadier, harder wind blowing off the California coast. Those reliable Pacific gusts could yield nearly a terawatt of electricity, 13 times the capacity of all the […]

April 25 2016

McCrone: Summit 2016 – Will the future of energy have four corners?

By Angus McCrone Chief Editor Bloomberg New Energy Finance The U.S. Constitution famously is a three-cornered thing: executive, legislature and judiciary. So, arguably, is modern life – work, leisure, sleep – although some people might add a fourth (exercising thumb with mobile phone). How many corners does the future of energy have?To judge from this […]