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A Lightsource bp project.

US adds record 49GW of solar capacity in 2024

February 24, 2025
The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance.
Aerial view of one of the largest US single-phase solar PV projects

BNEF: Fixed-tilt PV LCOE to fall to US$35/MWh by the end of 2025

February 6, 2025
The levelised cost of electricity (LCOE) for a number of clean power industries will fall by between 2-11% year-on-year by the end of 2025.
BNEF-chart-about-renewables-capacity-additions-by-2030

BNEF: World not on track to treble renewables target by 2030

September 26, 2024
The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF).
Chart highlighting solar PV capacity additions per region each year until 2035

BNEF expects 592GW of solar PV installs globally in 2024

September 2, 2024
In its 3Q 2024 Global PV Market Outlook, the commodity market research firm BNEF has revised its target for solar PV additions in 2024 to reach 592GW.
Image: Andreas Gücklhorn on Unsplash

BNEF: Solar and wind capacity to reach 31TW in 2050

May 23, 2024
Installed solar and wind capacity is set to treble from now until 2030, and treble again between 2030 and 2050 to reach 31TW, according to BloombergNEF (BNEF).
A solar project under construction.
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‘We need to see US$5 trillion’: the role of green bonds in delivering sustainable solar investments

April 17, 2024
JP Casey reports on green bonds' growing importance as a vital source of support for solar and a tool for fighting greenwashing.
Rooftop solar installation.
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“More money into solar all over the world”: challenges and opportunities for global solar finance

March 22, 2024
With solar a global industry, perhaps a global approach is the best way to ensure a more consistent supply of funding.
solar modules RWE

BNEF: Global solar additions could reach 655GWdc in 2024

February 26, 2024
The report offers multiple predictions for global solar PV installations in 2024, ranging from 520GWdc to 655GWdc.
Image: Renewable Properties.

BNEF report: US$1.8 trillion of energy transition investment in 2023, solar oversupply points to manufacturing contraction

January 31, 2024
In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.
The 35MWp Isohara solar farm in Japan. Image: BayWa r.e.

Japan needs to increase solar and wind generation by eight times to reach 2050 net zero goal

July 26, 2023
Japan will need to have 689GW of total installed capacity for solar and wind power generation by 2050 to reach the goal of net zero, according to a study conducted by BloombergNEF (BNEF).

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