Hydrogen fuel cells, startups & solar
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Bloomberg New Energy Finance
Week in Review
A weekly selection from our research and news teams
Clean energy investment – 3Q 2017 trends
The 3Q update to our annual clean energy investment trends report indicates a firm third quarter, suggesting global clean energy investment for the whole of 2017 may slightly exceed 2016’s total of $287.5 billion. Seven giant wind projects, each costing between $600 million and $4.5 billion, and spread between the U.S., Mexico, the U.K., Germany, China and Australia, helped global clean energy investment to jump 40% year-on-year in the third quarter of 2017. Download the report.
From BNEF

Japan’s hydrogen goals need more than Panasonic fuel cells
  • Japan’s residential fuel cell installed base: 220,000 units
  • Japan’s 2020 residential fuel cell target: 1.4 million units
Japan residential fuel cell cumulative installations
Source: Bloomberg New Energy Finance. Note: Years are Japanese fiscal year running from April through March. ‘Expected' represents BNEF’s Expectations.
Japan is set to miss its residential fuel-cell target for 2020, as steps toward its so-called hydrogen society take longer than expected to achieve. The government aims to install 1.4 million residential co-generation fuel-cell systems, or ene-farms, by 2020, and top 5.3 million by 2030. Government subsidies have been insufficient to offset high costs and competition from other technologies such as rooftop solar, so ene-farm sales remain far below rates required for the goals. Toshiba’s recent exit leaves just two ene-farm suppliers: Panasonic Corp. and Aisin Seiki Co. As a result, BNEF estimates that Japan will only achieve 28 percent of its 2020 fuel-cell system target. View on web and share with a colleague.
From our partners

New Energy Pioneers: Sunna Design
Each year, we identify 10 game-changing companies globally in the field of clean energy technology and innovation. In this series, we will introduce the 2017 winners. One of the winners, Sunna Design, combined public street lighting with pay-as-you-go energy services for rural households consumers in the vicinity of the streetlight. Learn more about them and find out how to apply for the 2018 competition.
Texas solar to `explode’ when paybacks fall to 5 years
According to Bret Biggart, CEO of Freedom Solar in Austin, the residential solar market in Texas, already bustling in the central part of the state, will boom state-wide when the next step down in costs cuts payback periods to five years. Read the full interview.
Also meet BNEF at the following events:
Appalachian Oil & Gas Conference
23-24 October - Pittsburgh, PA, US

Innovations in Energy Services - Part of Singapore International Energy Week
26 October - Singapore

Solar & Storage Finance USA
30-31 October - New York, NY, US

Southeast Renewable Energy - Presented by Infocast
1-3 November - Atlanta, GA, US

European Autumn Gas Conference (EAGC)
6-8 November - Milan, Italy

Energy and Mines World Congress
27-28 November - Toronto, Canada

Solar PV Trade Mission Vietnam
27 November - 1 December - Hanoi, Ho Chi Minh City, Vietnam
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