- Write by:
-
Monday, August 21, 2023 - 18:18:04
-
149 Visit
-
Print
Mining News Pro - The world is spending more money than ever in renewable energy, most of it on solar power in China, according to a report from BloombergNEF.
China accounted for about half of a record $358 billion global investment in renewable energy in the first half of this year, thanks to cheaper modules, a robust rooftop PV market and the commissioning of energy megabase projects, according to the report. The US was a distant second.
Still, US investments in solar soared 75% from the first half of 2022 to $25.5 billion as supply chain constraints eased and clarity grew around the landmark Inflation Reduction Act, according to analysts, including Meredith Annex. The growth in solar outshone struggling wind investments, particularly for onshore projects.
The US was the top market for venture capital and private equity investments in renewables with a record $3.3 billion.
Short Link:
https://www.miningnews.ir/En/News/627268
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric ...
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports ...
China issued draft rules on Wednesday to regulate its lithium battery market, after rapid expansion in the sector hit ...
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
Around $7 billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised ...
China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP ...
A five-year delay to decarbonization efforts could see global average temperatures rising to 3 degrees Celsius above ...
Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium Corp., resigned as chairman after the ...
No comments have been posted yet ...