TAG: "BloombergNEF"

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India's Clean Power Auctions Hit 59 GW in 2024, Doubling for Second Year

India’s annual clean power auctions grew 2.3 times to reach 59 gigawatts (alternating current) in 2024. This was the second consecutive year in which India more than doubled its annual renewable auction volumes.

BloombergNEF | March 11, 2025 | By News Bureau |  784

Solar, Wind, and Battery Costs to Drop in 2025: BNEF

Global renewable energy costs will decline 2-11 percent in 2025, with solar, wind, and battery storage becoming even cheaper. China’s manufacturing dominance drives the trend, despite rising trade barriers. BNEF projects 22-49 percent cost reductions for clean technologies by 2035.

BloombergNEF | February 08, 2025 | By EI News Network |  1228

Trina Storage Secures Top Spot in BNEF's 'Energy Storage System Cost Survey 2024'

Trina Storage's consistent ranking in the top tier reflects its strong market position and the high confidence the capital market has in its system integration solutions and their bankability.

BloombergNEF | January 04, 2025 | By News Bureau |  771

24/7 Carbon-Free Electricity Could Propel APAC's Energy Transition, Says BloombergNEF

BloombergNEF's latest report highlights how enabling 24/7 carbon-free electricity procurement in Asia-Pacific can unlock crucial investments, accelerate decarbonization, and support corporate sustainability goals, calling for regulatory reform and enhanced grid planning to drive clean energy adoption.

BloombergNEF | November 26, 2024 | By EI News Network |  1295

India Needs to Triple Solar and Wind Capacity to 494 GW by 2030 for Net Zero, Reckons BNEF Report

BloombergNEF's New Energy Outlook report for India emphasises the need for India to rapidly scale up its renewable energy capacity to achieve its decarbonisation targets and remain aligned with the Paris Agreement's climate goals.

BloombergNEF | September 06, 2024 | By EI News Network |  1539

Why Green Hydrogen Struggles to Find Buyers

Despite its promise as a carbon-free fuel, green hydrogen projects struggle due to a lack of binding purchase agreements, high costs, and infrastructure challenges, hindering their commercial viability, says BloombergNEF

BloombergNEF | August 14, 2024 | By EI News Network |  1458

Trina Storage Recognises as Tier 1 Energy Storage Supplier by BloombergNEF

This prestigious recognition is a testament to Trina Storage's comprehensive capabilities and its active contributions to the global energy transition.

BloombergNEF | July 29, 2024 | By News Bureau |  1114

BNEF Recognises Trina Storage as Tier 1 Energy Storage Manufacturer

This prestigious recognition comes on the heels of Trina Storage's outstanding performance in the first quarter of 2024, reaffirming its commitment to excellence and innovation in the industry.

BloombergNEF | May 04, 2024 | By News Bureau |  1084

JinkoSolar Recognizes as Tier 1 Energy Storage Provider by Bloomberg New Energy Finance

JinkoSolar Holding Co., Ltd. announced that it has been recognized as a Tier 1 energy storage provider by Bloomberg New Energy Finance (BNEF) due to its outstanding products and capabilities in energy storage.

BloombergNEF | April 20, 2024 | By News Bureau |  1364

Vikram Solar Ranks India's Only Tier 1 Module Manufacturer in BNEF's List

Vikram Solar has re-entered in BloombergNEF coveted Tier 1 global module manufacturers list owing to its greater efficiency, bankability and high-quality products.

BloombergNEF | February 21, 2024 | By News Bureau |  1632

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