Global clean energy investment totaled $332.1 billion in 2018, down 8% on 2017. Last year was the fifth in a row in which investment exceeded the $300 billion mark, according to authoritative figures from research company BloombergNEF (BNEF). There were sharp contrasts between clean energy sectors in terms of the change in dollar investment last year. Wind investment rose 3% to $128.6 billion, with offshore wind having its second-highest year. Money committed to smart meter rollouts and electric vehicle company financings also increased. However, the most striking shifts were in solar.
Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacity added, breaking 100GW barrier for the first timeJan 17, 2019 9:25 AM ETTweet This: Global clean energy investment totaled $332.1bn in 2018. By sector: - Solar commitments declined 24%, although there was record new PV capacity added - Wind investment rose 3% to $128.6bn, with offshore wind having its second-highest year @bloombergnef http://bit.ly/2stUH0r Press ReleaseOriginally posted on https://about.bnef.comLONDON and NEW YORK, January 17, 2019 /3BL Media/- Global clean energy investment totaled $332.1 billion in 2018, down 8% on 2017.
Solar investment fell in 2018, according to new data out from Bloomberg New Energy Finance, dropping nearly a quarter from 2017. At the same time, Bloomberg NEF said it was a record year for solar capacity, which topped 100 gigawatts. Total global clean energy investments were down 8 percent over 2017 according to the research firm, ringing up at $332.1 billion compared to $361.7 billion in 2017.
Nano Copper Oxide Market To Exhibit Swift Growth Owing To Rising Usage In Batteries, Semiconductor Devices & Solar Energy Converters Till 2021 | Million Insights
FELTON, California, January 16, 2019 /PRNewswire/ -- Global Nano Copper Oxide Market is expected to grow substantially in the coming years owing to significant investment for R&D activities. Nano copper oxide is a black, red-shaded or brown colored nanoparticle present in several forms...
After Dieselgate, VW is powering forward its zero-emission mobility designs. : The convergence between the automotive, energy and technology sectors took another major step forward last week, as the Volkswagen Group unveiled plans to become a power supplier. The German auto giant announced it is establishing a new company within the group to provide "energy offerings and charging solutions." Working under the banner Elli Group GmbH, the company will be headquartered in Berlin and is tasked with developing products and services connected with energy and charging for the brands across the VW Group.
TSX-V-listed Surge Exploration has approved, in principle, a strategic reorganisation of the company's assets, in which the company would spin off its interests in the copper/gold Hedge Hog and Mineral Mountain exploration projects in British Columbia,...
Saudi Arabia on Thursday awarded a contract to build a $500 million wind farm, a first for the world's top oil exporter as it pushes to diversify its energy sector. A consortium led by France's EDF and Abu Dhabi's Masdar won the bid for the 400-megawatt Dumat al-Jandal wind project in the northern Al Jouf province, the Saudi energy ministry said. "The project will be Saudi Arabia's first utility-scale wind farm," the ministry said. "This milestone represents another significant step... towards creating a diversified power sector mix." The project will generate power to supply up to 70,000 Saudi households, it added.
Saudi Arabia on Thursday awarded a contract to build a $500 million wind farm, a first for the world's top oil exporter as it pushes to diversify its energy sector.