Tag: BloombergNEF

BloombergNEF’s Electric Vehicle Outlook 2026: Global EV Sales Set For Another Record-Breaking Year, But Growth in Some Major Markets Slows

Stuart Mitchell

BloombergNEF’s (BNEF) annual Electric Vehicle Outlook (EVO) expects over a quarter (27%) of cars sold globally in 2026 to be electric – up from 9% five years ago – and over half (52%) of all passenger vehicles to be electric by 2035. The continued rise in sales comes as lithium-ion battery prices fall, more affordable EV models are introduced and EV adoption in emerging markets surges. In addition, the Iran war and resulting increase in prices at the pump have boosted consumer interest in buying an EV, although it is…

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Energy Transition Bank Financing Struggles to Pull Ahead of Fossil Fuels in Asia

Stuart Mitchell

Asia Pacific markets outside of China represent the fastest-growing region for energy transition investment. However, capital flows to low-carbon energy supply have not outpaced investment in local fossil-fuel supply, and is dwarfed by fossil-fuel import expenditures. Banks from the region have also struggled to scale low-carbon transactions relative to fossil-fuel deals, reflecting inertia in the real economy and established financing strategies. Major energy shocks in 2026 have again highlighted the risks that fossil fuel dependency poses to global economies. BloombergNEF’s new report, Energy Supply Ratios for Investment and Financing in…

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Global Clean-Energy Trade Rebounds to $479 Billion in 2025 Despite Tariffs and Geopolitical Turmoil: BloombergNEF

Stuart Mitchell

Global shipments of clean-energy products reached $479 billion in 2025, an annual rise of 1% across clean-tech, battery metals, and grid equipment. This increase represents an overall rebound in trading volumes, which slipped 7% from 2023 to 2024. BloombergNEF’s Energy Transition Supply Chains 2026 report, released today, finds that cross-border clean-tech trade went up in 2025, despite the US reinstating and revising numerous tariffs across energy transition sectors. Global supply chains have become an increasingly important focus for the energy industry in recent years, as volatile trade policies and geopolitical…

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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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