Global Investment in Energy Transition Reached $755 Billion in 2021: Report
Global investment in the energy transition reached a record of $755 billion in 2021, BloombergNEF (BNEF) has said in its recent report. The investments are driven by rising climate ambition and policy ...
Steel Industry Must Invest $278 Billion to Eliminate Carbon Emissions by 2050: BNEF
The global steel industry could eliminate carbon emissions by 2050 by investing $278 billion and using green hydrogen and recycling technologies, BloombergNEF (BNEF) has said in a report. The report talks about ...
China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study
Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, ...
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report
As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...