BloombergNEF

Envision Energy Secured 30 GW Wind Turbine Orders in 2024

Envision Energy secured a record 30.6 GW of turbine orders in 2024. The green technology company ranked among the top in both turbine orders and installations for 2024. According to Wood Mackenzie’s latest Global Wind Turbine Order Analysis. The company took one of the top spots in international wind turbine orders among Chinese OEMs, exceeding […]

Read more

Solis 20th Anniversary Celebrations Continue With Tier 1 BloombergNEF Rating

Ginlong (Solis) Technologies, one of the most experienced and largest inverter manufacturers globally, has announce its continued recognition as a BloombergNEF Tier 1 PV Inverter Manufacturer for Q1 2025. The recognition marks a significant milestone for Solis, and underscores the company’s commitment to excellence, innovation and sustainability. Solis has been one of the fastest climbers […]

Read more

5 Reasons Why Green Hydrogen Faces A Wall Of Skepticism

Heightened coverage Green hydrogen has been the new normal for over three years now. Many supporters have regularly drummed up its prospects, as a fuel that could decarbonise some of the most difficult to clean sectors of the economy. The skeptics have always asked one straight question. When, and at what price? Because, quite simply […]

Read more

Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

Read more

2023: Onshore Wind Struggles With Permits, Grid Issues: Report

According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […]

Read more

Canada Imposes Surcharges Against Imports Of Chinese EVs

After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […]

Read more

Offshore Wind Power Emerges Out of Shadows

The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […]

Read more

Li-Ion Batteries To Face Competition From Long-Duration Storage: Report

Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […]

Read more

Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF

The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll