NewEnergyNews: Big Money Keeps Going To New Energy

NewEnergyNews

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While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Be Brave – Seize New Energy
  • Weekend Video: The Climate Crisis Is A Health Crisis
  • Weekend Video: A Major Utility Chooses New Energy
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-BP Finds Emissions Up, Calls For More New Energy
  • FRIDAY WORLD HEADLINE-Perspectives On New Energy
  • FRIDAY WORLD HEADLINE-New Energy Jobs Spreading Around The World
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, June 13:

  • TTTA Thursday-The Birth Strike To Stop The Climate Crisis
  • TTTA Thursday-Wind Takes New Energy Lead Over Hydro
  • TTTA Thursday-Research Reveals New Potential For Solar
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: The Keystone State’s key to the next wave of transportation electrification
  • ORIGINAL REPORTING: Tri-State members increasingly unsatisfied as New Energy prices beat the G&T’s model
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: The Need To Get A Handle On EV Charging
  • QUICK NEWS, June 11: The Climate Crisis Is A Health Crisis; Electric Vehicle Sales Rise Steadily
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, June 17:

  • TODAY’S STUDY: Planning For A Distributed Grid
  • QUICK NEWS, June 17: Dems Evolving A Serious Climate Crisis Plan; Offshore Wind Needs Local Support

    Friday, January 18, 2019

    Big Money Keeps Going To New Energy

    Clean Energy Investment Exceeded $300 Billion Once Again in 2018

    January 16, 2018 (Bloomberg New Energy Finance)

    “Global clean energy investment totaled $332.1 billion in 2018, down 8% on 2017. Last year was the fifth in a row in which investment exceeded the $300 billion mark…There were sharp contrasts between clean energy sectors in terms of the change in dollar investment last year. Wind investment rose 3% to $128.6 billion, with offshore wind having its second-highest year. Money committed to smart meter rollouts and electric vehicle company financings also increased…[But] the most striking shifts were in solar. Overall investment in that sector dropped 24% to $130.8 billion. Part of this reduction was due to sharply declining capital costs…[T]he cost of installing a megawatt of photovoltaic capacity fell 12% in 2018 as manufacturers slashed selling prices in the face of a glut of PV modules on the world market…

    …The biggest solar projects financed included the 800MW NOORm Midelt PV and solar thermal portfolio in Morocco, at an estimated $2.4 billion, and the 709MW NLC Tangedco PV plant in India, at a cost of about $500 million...Offshore wind was a major recipient of clean energy investment last year, attracting $25.7 billion, up 14% on the previous year. Some of the projects financed were in Europe, led by the 950MW Moray Firth East array in the North Sea, at an estimated $3.3 billion, but there were also 13 Chinese offshore wind farms starting construction, for a total of some $11.4 billion…Onshore wind saw $100.8 billion of new asset finance globally last year, up 2%, with the biggest projects reaching go-ahead including the 706MW Enel Green Power South Africa portfolio, at an estimated $1.4 billion, and the Xcel Rush Creek installation in the U.S., at $1 billion for 600MW…Global venture capital and private equity investment jumped 127% to $9.2 billion, the highest since 2010…” click here for more

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