2021-08-05
http://w3.windfair.net/wind-energy/news/36282-bloombergnef-outlook-renewable-energy-emerging-markets-gw-investment-growth-wind-solar-chile-covid-19-pandemic

Clean Energy in Emerging Markets Endures a Rough 2020

Image: PixabayImage: Pixabay
As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Then came the pandemic.

Official Press Release BloombergNEF:

After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020

Wind Industry Profile of
After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020

BloombergNEF’s annual Climatescope survey illustrates investors’ pre-pandemic appetite for clean energy in developing markets; Chile finishes atop the market ranking

As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as photovoltaic projects reached 325 gigawatts (GW), up from just 1GW a decade earlier, according to new findings from research firm BloombergNEF (BNEF). Wind investment hit an all-time annual high, with $89 billion deployed to build projects in 30 emerging markets, both onshore and offshore. Powering the growth was the fundamental cost-competitiveness of these clean technologies compared to their fossil-fuel rivals, which foreign investors... ... More: Official Press Release BloombergNEF

Keywords:
BloombergNEF, outlook, renewable energy, emerging markets, GW, investment, growth, wind, solar, Chile, Covid-19, pandemic







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