A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.
The latest renewables investment report produced by analyst BloombergNEF has noted backing for solar projects continued to rise in the first half as wind power investment fell back.
A new report says the Indian States must develop plans to incentivize investments into the deployment of utility-scale battery storage—just as they did for solar.
In India, the lack of suitable fiscal incentives and relevant experience, combined with high upfront capital costs, has hindered the adoption of battery energy storage systems (BESS) in comparison to other developed countries. However, there is potential for the country to take the lead.
A new report from the U.S.-based analyst predicts that new PV additions for 2021 may range from 163 to 221 GW next year and from 179 to 240 GW in 2023. According to BloombergNEF, the current supply bottlenecks for glass and polysilicon will unlikely halt the global PV market.
The growth of the global renewables sector in 2020, despite the negative impact of the pandemic, underscores how companies are prioritizing sustainability, BloombergNEF says in a new report.
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
The country—aiming for a renewable power target of 450 GW by 2030—has emerged as the world’s largest and most competitive clean energy auction market.
Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.
EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.
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