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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

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Arizona’s largest battery storage project clinches $513M in financing

Baua Electric

Photo: Recurrent Energy Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project. Solar and battery storage developer, owner, and operator Recurrent Energy , a subsidiary of Canadian Solar (Nasdaq: CSIQ), secured financing for its Papago Storage project in Maricopa County, Arizona.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest Clean Energy Investment Trends report from research company Bloomberg NEF (BNEF). billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5

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China is on track to reach its clean energy targets this month… six years ahead of schedule

Baua Electric

China, the world’s largest pollution emitter, is going green with clean energy alternatives and doing so quickly. Recent energy reports detail the nation’s commitment to implementing solar and wind power, so much so that it is expected to achieve its 2030 clean energy targets by the end of the month. In June, it activated a 3.5-gigawatt,

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Australian Government establishes A$300M fund to support hydrogen projects

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The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). As an early priority, CEFC will seek investment in projects included in the ARENA Renewable Hydrogen Deployment Funding Round. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.

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The Economics of Solar Energy: Is It Worth the Investment?

Baua Electric

As solar energy becomes more popular, many people wonder whether investing in solar panels is truly worth it. While solar power promises clean and renewable energy, the financial side of things is a key factor for homeowners and businesses. Over time, these savings can add up to thousands of dollars.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA.

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