RE100 members ‘will need to buy an extra 189TWh of clean power by 2030’

Bloomberg New Energy Finance suggests companies signed up to the corporate leadership initiative could face a collective shortfall of 189TWh by this time

EV charging
Global EV sales ‘will dominate traditional car sales by 2040’

A new report from Bloomberg New Energy Finance expects EV sales to rise from two million last year to 56 million by 2040

Solar and wind ‘keep cutting costs in nearly every economy’

Bloomberg New Energy Finance says this is the case even in previously coal-intensive countries such as China and India

Third-quarter clean investment down 6% from last year

The total figure reached $67.8bn over the quarter

China’s power capacity to more than double by 2030

Power capacity in China’s energy sector is expected to more than double by 2030 in order to keep up with a 5% growth in demand each year. Carbon emissions will peak in 2027 under the most likely model set out in the report by Bloomberg New Energy Finance (BNEF). The ‘new normal’ model predicts capacity […]

Global clean energy investment fell 11% in 2012

Investment in clean energy projects dropped 11% last year but that was still the second highest ever figure with total global investment of $268.7 billion (£167.3bn). New research from Bloomberg New Energy Finance suggests the figure was down from $302.3 billion (£188.5bn) in 2011 but the investment was five times more than 2004. Chinese investment […]

China could miss EV roll-out targets

China could miss its electric vehicle roll-out targets for both 2015 and 2020. That’s according to new research, which claims Chinese EV sales have been slow, with just 13,000 sold between 2009 and 2011. Its Government set ambitious sales targets earlier this year of 500,000 EVs by 2015 and 5 million by 2020. Bloomberg New […]

Firms increase renewable energy generation

More companies across the globe are now committed towards generating most of their energy through renewables. That’s according to a new report released today by Bloomberg New Energy Finance (BNEF) and Vestas which looked at the level of renewable energy used by businesses around the world in an effort to provide transparency. The ‘Corporate Renewable […]

Solar projects hit ‘record’ high in 2011

Solar power projects worth around $10.8billion (£6.9billion) were bought by investors last year, according to a new report. The ‘Solar Portfolio Hunters: Focus On The Acquisition And Valuation Of Solar Assets’ study, which looked at deals from 2006 to 2011, found the capacity purchased was up by 122% from the previous year. The report showed […]

America “leads race for CCS”

North America is leading the race to develop a successful working Carbon Capture and Storage (CCS) project, a new study out today suggests. The United States and Canada hold the top four places in Bloomberg New Energy Finance’s ranking of the world’s most advanced large‐scale demonstration projects. The findings could come as an embarrassment for […]