BNEF
Global Corporations Buy Record 7.2GW of Clean Energy So Far This Year
So far this year, global corporations have purchased 7.2GW of clean energy. New statistics released by Bloomberg New Energy Finance (BNEF) show this has already surpassed last year’s record of 5.4GW. Around 60% of 2018’s renewable procurement to date has…
BNEF Predicts Mexico To Add 24 Terawatt-Hours Of Clean Energy By 2022
Bloomberg New Energy Finance has predicted that Mexico’s recent reforms to the corporate power market and the introduction of clean energy certificates will result in an addition 24 terawatt-hours of clean energy by 2022. Writing on Monday, Bloomberg New Energy…
Greenpeace: Renewables to Undercut All Other Forms of Power Across the G20 by 2030
Renewables have been cheaper or equal in price to power from new coal or nuclear plants in around half of G20 countries since 2015, according to a new Greenpeace commissioned report, which predicts wind and solar power will outcompete all…
BNEF: Renewables to Provide Nearly Half of Global Power Capacity by 2040
The dramatic collapse in renewable energy costs is showing no sign of abating, according to the latest report from Bloomberg New Energy Finance (BNEF). The influential analyst firm yesterday published its annual New Energy Outlook (NEO) Report, setting out its…
Solar Power Becoming World’s Cheapest Form of Electricity Production, Analysts Say
Solar power is becoming the cheapest way to generate electricity, according to leading analysts. Data produced by Bloomberg New Energy Finance (BNEF) showed the cost of solar in 58 lower-income countries – including China, Brazil and India – had fallen…
The Future Belongs to Clean Energy
As we close out a summer marked by uncertainty in news and events, one trend for which analysts voice increasing certainty is the accelerating pace of the clean-energy transformation reshaping how the world generates electricity. With increasing speed, global energy…
China Ratchets Down Green-Energy Growth for First Time ever
Over the past few years, China has made a major push to reduce carbon emissions by encouraging use of green technologies. Thanks to generous government incentives and fleet purchases, it is now the world’s largest market for plug-in electric cars.…