BloombergNEF

Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

In 2019, global liquefied natural gas (LNG) imports reached 482 billion cubic meters, up 13% from 2018, according to BloombergNEF figures cited in the International Gas Union’s August–released Global Gas Report 2020. Last year, the world also saw a definitive shakeup in rankings of importers and exporters. Compared to 2018, LNG imports by Japan and […]

Onshore wind and photovoltaic (PV) solar power are the cheapest forms of new-build power generation for at least two-thirds of the world’s population, according to analysis published by research company BloombergNEF (BNEF). Meanwhile, battery storage has become the lowest-cost new-build technology for peaking purposes in gas-importing regions, such as Europe, China, and Japan. BNEF reported […]

There’s general agreement among industry analysts that sales of electric vehicles (EVs) will continue to grow. Those same analysts, though, may not agree on the pace of growth. BloombergNEF (BNEF) in its “Electric Vehicle Outlook 2019” report said it expects yearly passenger EV sales will hit 10 million in 2025, up from just more than […]

Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

Solar power generation continues to increase, with forecasts from BloombergNEF (BNEF) calling for global solar generation to make up 22% of the world’s electricity by 2050, up from about 2% today. BNEF has

A new report from BloombergNEF (BNEF) predicts about half of the world’s power will come from renewable resources, including solar and wind, by 2050. The group’s New Energy Outlook 2019, released June 18, noted the trend will be driven by falling prices for solar, wind, and battery storage, along with trillions of dollars of investments […]

Game-changing companies from around the world recognized for their leadership in transformative technologies New York, March 25, 2019 – Ten innovative companies that are revolutionizing the energy, transport, and industrial sectors have been named as the 2019 New Energy Pioneers by BloombergNEF (BNEF). The winners are pursuing new opportunities in areas as diverse as EV […]

A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]