Tag: BloombergNEF

BloombergNEF Announces 12 Climate Innovators as Winners of its 2026 Pioneers Award

Stuart Mitchell

BNEF’s annual Pioneers award recognizes game-changing technologies or innovations with the potential to accelerate the transition toward a net-zero economy across three key climate challenges. BloombergNEF (BNEF) has announced the winners of its 2026 Pioneers award, recognizing 12 startups working to accelerate the global energy transition through technological innovation. This year’s winners include companies improving the sustainability of data centers, flattening the duck curve and decarbonizing shipping – among many others. Since its inception in 2010, the BNEF Pioneers program has awarded 176 winners that have raised over $25 billion in funding…

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Qvantum wins Bloomberg’s prestigious innovation award

Stuart Mitchell

The energy-tech company Qvantum has been named the winner of the BloombergNEF Pioneers Award 2026 in the category ‘Flattening the Duck Curve’. The award highlights companies that address one of the biggest global energy challenges: how electricity systems with a growing share of renewable energy can maintain balance when production and demand are no longer aligned in time. Energy systems around the world are facing a rapidly growing challenge, the so-called Duck Curve. The phenomenon occurs when solar energy plants produce more electricity in the middle of the day than…

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Corporate Clean Energy Buying Fell in 2025 After Nearly a Decade of Growth

Stuart Mitchell

Global clean power purchase agreement (PPA) volumes fell for the first time last year in nearly a decade, as power prices and policy risks redefined market activity. Corporations announced deals for 55.9 gigawatts of clean power in 2025, 10% down from the record set the prior year, according to BloombergNEF in its 1H 2026 Corporate Energy Market Outlook.  The market is increasingly defined by a divergence between hyperscalers and the broader universe of corporate buyers. Technology giants Meta, Amazon, Google and Microsoft were responsible for 49% of all global activity last year. Meta and Amazon led global clean energy buying activity in 2025, contracting a combined 20.4 gigawatts (GW), including 4.7GW of nuclear power. While Meta’s activity was concentrated…

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2026 BNEF Pioneers Finalists Tackle Data Center Sustainability, Flattening the Duck Curve, and Lower-Carbon Commercial Transport

Stuart Mitchell

Each year, BloombergNEF runs the BNEF Pioneers competition to identify and celebrate standout innovations that we think could play an important role in the energy transition. To frame the competition, BNEF Pioneers identifies three key ‘challenges’ annually, informed by the technology gaps highlighted in BNEF’s long-term outlooks across energy, transport and materials. Pioneers are evaluated based on their potential impact, innovation, and likelihood of adoption.   BNEF has selected 29 Pioneers finalists, out of over 600 applications, for this year’s competition. Descriptions of this year’s challenges and our chosen competition finalists are outlined below. Also listed are the companies named as “wildcard” finalists, developing technologies that BNEF believes could…

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BloombergNEF Finds Global Energy Transition Investment Reached Record $2.3 Trillion in 2025, Up 8% from 2024

Stuart Mitchell

BloombergNEF’s (BNEF) annual Energy Transition Investment Trends (ETIT) finds that global investment into the energy transition hit a record $2.3 trillion in 2025, up 8% from the prior year. The largest investment drivers were electrified transport ($893 billion), renewable energy ($690 billion), and grid investment ($483 billion). Renewable energy investment fell 9.5% year-on-year however as changing power market regulations in China, the world’s largest market, introduced new uncertainty. All other sectors tracked by BNEF saw a rise in their investment levels, with the exception of hydrogen ($7.3 billion) and nuclear…

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