BNEF Archives - Renew Economy

Renewables

Solar will be largest power generator in “much changed” world by 2032, but battery storage is the big mover
BNEF’s latest annual New Energy Outlook details a “much changed” global market, spurred by energy security and huge uptake of cheap solar and batteries.
Sophie Vorrath

May 20, 2026

9
Policy & Planning

Coal and gas use must peak and decline, “starting today:” BNEF outlook warns world headed to 2.6°C
BNEF is calling time on fossil fuels, saying even at current rates of investment the days are numbered for oil, coal and gas. And no, it doesn’t see nuclear coming to Australia.
Rachel Williamson

May 22, 2024

0
Solar

Solar’s stunning year: BNEF says 413GW of new PV capacity to be installed in 2023
Leading researcher says solar industry will install a stunning 413GW of new capacity this year, with production also growing and pushing module prices to record lows.
Joshua S Hill

Dec 5, 2023

0
Solar

World is installing 1GW of solar a day, new figures show
An average of more than 1GW a day of new solar is being installed around the world, according to data from BNEF, with China well and truly leading the charge.
Sophie Vorrath

Aug 28, 2023

0
Renewables

Solar and China lead way as global renewable investments hit record $A557 billion
Solar and China lead the way as global investments in renewable energy surge in first half, but remain short of net zero targets.
Joshua S Hill

Aug 23, 2023

0
Hydrogen

Green hydrogen on track to be cheaper than fossil gas hydrogen by 2030
Energy analysts at BloombergNEF expect renewable hydrogen to be a cheaper option than existing “grey hydrogen” in five key markets by 2030.
Joshua S Hill

Jul 27, 2023

0
Hydrogen

Australia’s green hydrogen export dream could require 812GW of wind and solar
BNEF report finds Australia would need a massive total of 812GW of mostly onshore solar and wind power by 2050 to export green hydrogen and meet its climate targets.
Sophie Vorrath

May 23, 2023

0
Renewables

Clean energy investment tops $US1 trillion, sits neck and neck with fossil fuels
Bloomberg New energy Finance says investment in low carbon energy has hit a new high – and for the first time reached parity with capital invested in fossil fuels.
Joshua S Hill

Jan 31, 2023

0
Battery

Lithium-ion battery pack prices rise for first time since 2010, hurting EVs and storage
Prices aren’t seen to drop under the crucial $US100/kWh level until 2026 – two years later than expected.
Rachel Williamson

Dec 7, 2022

0
Australia’s carbon report card smeared in red ink as climate action goes backwards
Australia has spent more on fossil fuel subsidies and done less on climate disclosure. Will the new government change this?
Rachel Williamson

Nov 2, 2022

0
Renewables

Costs for new build wind and solar have jumped, but nothing like those of fossil fuels
BNEF reports temporary cost rises for renewables, driven by increased cost of materials, freight, fuel and labor. But solar and wind are still way cheaper than coal and gas.
Sophie Vorrath

Jul 1, 2022

0
Storage

Battery prices dip below $US100/kWh, down 90 per cent from levels a decade ago
Bloomberg New Energy Finance reveals that, for the first time, battery pack prices have dipped below $US100/kWh in China’s e-bus market.
Joshua S Hill

Dec 17, 2020

0