Analyst revises up zero-emission vehicle forecast after bumper year
A report published by BloombergNEF for the COP26 climate change summit has listed global commitments by cities, states, provinces and nations to end the sale of new fossil-fueled vehicles but, with 2035 estimated as the cut-off date for zero-emission roads by mid century, policymakers need to be more ambitious.
China could drive 4.2 TW of solar capacity by 2050 under decarbonization plan
The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
World is set for 3.3C temperature rise, predicts Bloomberg
Although the global solar industry might be cheered by the prospect of a healthy slice of an expected $12 trillion, 30-year windfall, governments are falling far short of steering us clear of catastrophic global heating, according to the analyst’s latest New Energy Outlook report.
Global daily round-up: Israel set to import solar power from Jordan and a hydrogen deal for South Holland
Plus, some 5 GW of solar could be heading to Botswana and Namibia and news of a new automotive fuel cell building in Ulm, Germany.
The sustainability game changers
As part of the UP sustainability initiative, pv magazine has, for the first time, introduced an annual sustainability award. After much deliberation, our esteemed jurors reached their final decision. Read on to see who has been crowned 2019’s green champion.
Xinyi Energy completes Hong Kong IPO to raise $465 million
The solar plant operations business – spun out of the solar glass manufacturer – reportedly finalized its initial public offering this week. Final confirmation of the proceeds is expected on Monday.
2018: India second largest solar market on back of 113 GW global installations
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Jordan unveils who will participate in 300 MW solar, wind auction
Jordan’s Energy Minister says 45 companies have been selected as finalists to bid for the upcoming 300 MW solar and wind auction. Technical and financial details are to be submitted by the end of March.
India considers 7.5% duty on imported solar modules
According to reports, India is planning to impose a 7.5% tax on imported solar PV modules.
From the US editor: Renewable energy and information pollution
A recent article in Bloomberg View illustrates clearly the mythology and misinformation that abounds regarding renewable energy, which in many cases is spread by the media.
