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Corporations shatter record for clean energy PPAs

... clean energy globally. These results were reported by BloombergNEF (BNEF) in its 1H 2019 Corporate Energy Market Outlook, which noted that the increase was driven by “demand from new industries and previously untrodden markets. The report highlighted a wave of smaller corporate energy bu Read More...

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Corporate Clean Energy Buying Surged to New Record in 2018

... energy power purchase agreements in markets such as Poland.BloombergNEF (BNEF) finds in its 1H 2019 Corporate Energy Market Outlook, published today, that some 13.4GW of clean energy contracts were signed by 121 corporations in 21 different countries in 2018. This was up from 6.1GW in 201 Read More...
Author: BloombergNEF
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Power sector efficiency up despite emissions increase

...p;Sustainable Energy in America Factbook, published by BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). “Continued expansion of sustainable energy is not just beneficial to the environment, it is an engine of American economic growth,” BCSE president Read More...

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Corporates on track for biggest year in global PPAs

...t by far the biggest market globally.According to BloombergNEF’s 2H 2019 Corporate Energy Mark...reen tariffs with regulated utilities; therefore, BloombergNEF projects, it is likely the industry w...eir 189TWh shortfall through solar and wind PPAs, BloombergNEF estimates it would catalyze an additi Read More...

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2020 Sustainable Energy in America Factbook

Over the past 10 extraordinary years, the United States has fundamentally overhauled how it produces, delivers and consumes energy. The 2020 edition of the Sustainable Energy in America Factbook – produced for the Business Council for Sustainable Energy by BloombergNEF – looks at th Read More...

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Study shows significant drop in RE demand amid Covid-19 outbreak

A report released by BloombergNEF on March 12 estimates that the coronavirus pandemic will significantly impact the renewable energy market over the coming year, including a drop in global solar demand from 121-152 GW to 108-143 GW and the first down year for solar capacity addition since the 1980s. Read More...

Clean hydrogen has potential to replace natural gas, report finds

A new report released March 30 by BloombergNEF finds that increasing the production of hydrogen from wind and solar power can be a powerful tool for reducing global greenhouse gas emissions by 2050.The falling cost of hydrogen use is a key factor in the role it can play to lowering global emissions, Read More...

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Offshore wind became largest RE sector in 2020, despite Covid

Offshore wind capacity saw significant growth in the first half of 2020, with a total of $35 billion in project financing, becoming the largest-growing renewable energy source in an industry that rose 5% despite the economic fallout of Covid-19.BloombergNEF found that the huge increase in offshore w Read More...

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Renewable jet fuel production soars in the U.S.

The U.S. nearly quadrupled its production of renewable jet fuel from 1Q 2020 to 2Q 2020 and in 2020 is expected to produce 30% more bio-jet than in 2019 despite a decrease in 1Q, a new report found.BloombergNEF found that the U.S. production of renewable jet fuel also increased by over 1 million gal Read More...

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Solar breaks record for new capacity in 2019

Solar power was overwhelmingly the most installed power-generating technology in 2019, with a record 118 GW of capacity constructed that year, a new report found.BloombergNEF found that one-third of all countries made solar their top choice last year, with 45% of all new capacity coming from photovo Read More...

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Green bond issuance reached $1 trillion milestone after record month

Green bond issuance in the first nine months of 2020 increased 12% based on the same period in 2019, causing the market to pass its milestone of $1 trillion issued since the market first emerged in 2007.BloombergNEF reported that $200 billion worth of green bonds financing the pursuit of environment Read More...

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Wild West of net zero targeting called into question by new initiatives

Amid a growing number of net zero targets coming from large companies, there is an emerging need to set standards and common language in order for stakeholders to make sense of it all, a new study found.BloombergNEF released Nov. 12 a report titled, “Corporate Net Zero Goals: Sustainability&rs Read More...

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BloombergNEF reports sustainability and green bonds grew in 2020

... Finance Market Outlook, due out later in January....lory Rutigliano, a sustainable finance analyst at BloombergNEF, said in a statement. “Overall ... Finance Market Outlook, due out later in January. Read More...

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Energy transition investment reached $500 billion in 2020

On Jan. 19 BloombergNEF (BNEF) announced a new broad measure of energy transition investment showing global record-breaking 2020 commitments to decarbonization totaling $501.3 billion. This beats the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic.“The coron Read More...

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Global wind market grew 59% in 2020 despite pandemic

The global wind market commissioned 96.3 GW of new capacity in 2020, reflecting 59% growth year-on-year, despite the economic challenges presented to the market due to the COVID-19 pandemic.That’s according to a new report released March 10 by BloombergNEF. The report found that 94% of these n Read More...

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