Latest news for Bloomberg New Energy Finance 
Solar energy can compete economically for electricity production from oil(26/01/2011)
According to a White Paper published by Bloomberg New Energy Finance, the falling costs of photovoltaic (PV) technology mean that solar energy is already a more economically attractive option for domestic power generation in the Gulf Cooperation Council Region (GCC) when compared to oil-fired electricity production. Bloomberg New Energy Finance modeled the use of a 100MW PV project built in 2011 to displace oil-fired power generation, freeing... [more]
Plug-in electric cars could represent over 20 percent of the car market by 2030(10/11/2010)
According to Bloomberg New Energy Finance, plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively). Achieving such growth levels, however, will be dependent on two key factors - aggressive reductions in battery costs and rising gasoline prices. In the short term, price will be the most signif... [more]
Wind turbine contract prices continue to decline(06/08/2010)
According to the third issue of the Wind Turbine Price Index (WTPI), published by Bloomberg New Energy Finance, wind turbine contract prices signed in 2010 for delivery in H2 2010 and H1 2011 continue to point to a significant decline compared to 2008 prices. This reduction amounts to some 15%. Bloomberg New Energy Finance analysis shows that turbine prices peaked at EUR 1.22m/MW for contracts signed in 2008 for delivery in H1 2009. Neverthele... [more]
Fall in the valuations for wind energy assets(15/06/2010)
According to an annual report published by Bloomberg New Energy Finance, the valuations placed on wind energy assets slipped in 2009. The report, Portfolio Hunters III: focus on the acquisition and valuation of wind power assets, shows that asset divestment programs by some developers and a risk-averse attitude by potential buyers led to a modest fall in the valuations placed on commissioned wind farms, and a bigger fall in the value of assets un... [more]
Global expenditure on renewable energy projects to double by 2020(19/03/2010)
According to a new long-term projection model from Bloomberg New Energy Finance, annual global expenditure on renewable energy projects will increase from $90 billion (USD) in 2009 to $150 billion in 2020. The model shows that this will further increase to $200 billion by 2030 given current policy targets. The new findings apply the Bloomberg New Energy Finance Global Energy and Emissions Model GE2M, which is a long-term projection model cov... [more]
Other Solar Power systems and equipment news
