According to Bloomberg NEF‘s newly released 2H Corporate Energy Market Outlook, corporations have purchased 7.2 GW of clean energy so far in 2018, surpassing last year’s record 5.4 GW. Some of the key findings from the report include: 4.2 GW, or 60%, of global corporate energy procurement has come from the United States, already establishing…
RE100 signatories to spur $94 billion investment opportunity
The companies currently committed to the RE100 campaign will need to procure an estimated 172 TWh of additional clean energy generation by 2030 to meet their renewable energy targets.
Bloomberg commits to $64 million in new funding to move America beyond coal
One day after the Trump Administration formally announced its plans to rescind the Clean Power Plan, the Obama Administration’s climate change policy that has been held up in federal court, Michael R. Bloomberg announced a new commitment of $64 million to support the Sierra Club’s Beyond Coal campaign and other organizations working to advance the…
10 companies chosen as 2017 New Energy Pioneers at 10th annual Bloomberg New Energy Finance Summit
Bloomberg New Energy Finance (BNEF) is pleased to announce its selection of the 2017 New Energy Pioneers – game-changing innovators that are revolutionizing the energy sector.
Record $30 billion year for offshore wind but overall investment down
New investment in clean energy worldwide fell 18% last year to $287.5 billion,[1] despite a record year for offshore wind financings, according to the latest authoritative figures from research company Bloomberg New Energy Finance.
Bloomberg report: Coal and gas stay cheap, but renewables still win race on costs
Low prices for coal and gas are likely to persist, but will fail to prevent a fundamental transformation of the world electricity system over coming decades towards renewable sources such as wind and solar, and towards balancing options such as batteries. The latest long-term forecast from Bloomberg New Energy Finance, entitled New Energy Outlook 2016,…
Chinese firm tops annual BNEF wind-turbine ranking
For the first time, a Chinese firm in has topped the annual ranking of onshore wind-turbine manufacturers in 2015. Xinjiang Goldwind Science & Technology led Bloomberg New Energy Finance’s (BNEF) annual rankings with 7.8 GW of capacity commissioned, buoyed by a surging Chinese market that installed a record 28.7 GW last year. Virtually all Goldwind’s 2015 capacity…
Record 2015 clean-energy investment: $329bn spent globally
Clean energy investment surged in China, Africa, the U.S., Latin America, and India in 2015, driving the world total to its highest ever figure, of $329.3bn, up 4% from 2014’s revised $315.9bn and beating the previous record, set in 2011 by 3%. These latest figures from Bloomberg New Energy Finance show dollar investment globally growing…
Bloomberg New Energy Finance looks ahead
Bloomberg New Energy Finance has forecast the potential upside of the changes Congress is considering with five-year outlooks for wind and solar growth in the U.S.
Bloomberg New Energy Finance provides several guides to COP21
Bloomberg New Energy Finance will be providing expert, in-depth coverage of the COP21 Climate Change conference in Paris.
Emerging markets (developing nations) attract record $126 billion in clean energy investment
Climatescope, a competitiveness index for clean-energy countries and online tool, offers a compelling portrait of clean energy activity in 55 emerging markets in Africa, Asia, and Latin America and the Caribbean.
Bloomberg Energy has two forecasts for the wind industry, and more
The wind industry has a lot to be encouraged about if the forecasts from Bloomberg Energy’s Dan Shurey are correct. His research also found that the industry recognizes its rising O&M costs and shared a range of ideas for keeping the costs manageable. Shurey presented these ideas, findings, and more at the recent Wind Operator…
Bloomberg New Energy Finance selects its ‘New Energy Pioneers 2015’ winners
Bloomberg New Energy Finance has announced its selection of the 2015 New Energy Pioneers, which are recognized as game-changing innovators who are revolutionizing the energy sector. The diverse group (listed in full below) represents a broad range of industries including advanced transportation, bioenergy, energy storage, solar, and wind power. The 10 winners were recognized on…
U.S. power-sector emissions set to fall to 20 yr low in says research firm
Annual records for renewable build, coal retirements and gas burn all expected to fall in 2015 This should prove to be a watershed year for the “de-carbonization” of the US power sector, with record volumes of coal-fired capacity to be shuttered, renewables capacity to be built, and natural gas to be consumed. The result, according to research…
American wind investment makes substantial rebound in 2014 – sees a 5x increase in one year
China still dominates global wind market installing over 40% of all new capacity worldwide America’s wind installations grew five-fold in 2014, making the United States the world’s second-largest wind market behind China, according to new figures out today from research firm Bloomberg New Energy Finance. US installations reached 4.7GW, thanks to the extension of the…
Fossil fuel divestment is a $5 trillion challenge
Oil, gas and coal companies make up one of the world’s largest liquid asset classes, with a combined stock market valuation of nearly $5trn. In the past two years, dozens of public and private institutions have announced plans to divest their fossil fuel holdings because of environmental concerns, ethical investment strategies, or worries that assets…
Myopic wind critics still flail at invented problems
A recent article from the Institute for Energy Research slams the wind industry again for claims the wind industry has not made and problems that don’t exist. The criticisms show the Institute does not understand how wind farms and utilities can work together which is sad commentary for an energy institute. And as critics before,…