Bnef solar container field

Does BNEF still expect a strong demand for batteries?

Nonetheless, BNEF still expects strong demand for batteries, as the policy doesn’t explicitly require mandates to stop. Since the policy announcement, some provinces across China have continued to announce mandates stipulating that new solar and wind projects must be paired with batteries.

What is BNEF?

BNEF is the world's leading climate-tech innovation competition. It also provides clear perspectives on global commodity markets and the technologies driving the energy transition, empowering decision-makers to navigate disruptive trends in an evolving energy economy.

What is the Tier 1 PV module makers list by BNEF?

The Tier 1 PV Module Makers list by BNEF is a list of companies whose modules have recently been selected for use in projects that have closed nonrecourse debt finance. The list is published quarterly and is intended to help participants in the solar industry understand which module makers have been deemed ‘bankable’ by banks.

Will BNEF meet NMC demand?

In Japan and South Korea, where battery manufacturers have historically specialized in nickel-based chemistries, BNEF assumes a share of manufacturing will meet energy storage demand domestically and can continue to supply diminishing NMC demand overseas out to 2035.

What is the BNEF Tier 1 list?

3.1. Sources of input data The BNEF Tier 1 list is based on BNEF’s database of renewable energy assets and asset financing, which is mainly sourced from public information in the form of press releases and filings. Banks may provide supplementary information as part of the data collection methodology for other BNEF products.

How is the BNEF asset financing database updated?

The BNEF Asset Financing Database is continually updated with new information as it becomes available. The solar module Tier 1 list is calculated and published quarterly, based on a two-year period before the beginning of the quarter, and the earlier of financing or commissioning date.