EU has unveiled a new clean energy target

Clean Energy Target - Woman - Graph

The EU aims to derive 32% of its energy from renewable sources by 2030 The European Union has announced that it will be raising it’s clean energy target. European counties have been working to increase their consumption of clean energy for some time. Previously, the EU had aimed to derive 27% of its electricity from renewable sources by 2030. Now, the EU has raised this target to 32% in the same time frame. New deal could build confidence among investors The new target has been welcomed by some environmental groups,…

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Renewable energy investments continue to grow rapidly

Renewable Energy Investments - Jar of Coins

Report highlights the grown of clean power investments throughout the world Renewable energy is beginning to outpace coal, natural gas, and nuclear power, in terms of global investments. According to a new report from the International Energy Agency, investments in clean energy have grown quickly due to the rapidly falling costs associated with generating electricity using clean technology. Notably, both solar and wind have become the most heavily supported forms of clean power in the world. These two types of renewable power have attracted the majority of investments being made…

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China is boosting it’s focus on solar farms

Solar Farms - Solar Panels

Country aims to embrace solar power more aggressively China has big plans for solar power and will be investing in this form of renewable energy quite heavily in the coming years. The country has embarked on an ambitious plan to derive much of its electrical power from solar farms. By 2020, the country aims to have some 110 gigawatts of installed solar capacity in place. This would be enough to power approximately 30 million average homes. China wants to replace fossil-fuels with renewable power China’s investments in solar farms highlights…

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Hawaii aims to go carbon neutral

Carbon Neutral - Hawaii Palm Trees - Sun - Renewables

New legislation aims to make Hawaii carbon neutral by 2045 New legislation in Hawaii could ensure that the state will soon rid itself of fossil-fuels.  Governor David Ige has signed a bill that aims to make Hawaii completely carbon neutral by 2045. This represents the most ambitious and aggressive environmental policy in the whole of the United States. Hawaii is already home to a rapidly growing clean energy market and this new legislation may add momentum to this growth. State continues to lead the way in environmentalism Hawaii has already…

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Renewable power capacity sets new record in 2017

Renewable Energy Capacity - 2018 - Clover

Installed clean energy capacity reached 178 GW last year A record setting amount of clean power capacity was installed throughout the world in 2017, according to a report from REN21. The report shows that some 178 gigawatts of new capacity was installed last year. This represents the largest increase in clean power capacity ever recorded. Capacity is expected to continue well into the future as more countries begin to embrace renewable power. Solar saw significant growth in 2017 The report shows that solar saw the greatest increase in installed capacity.…

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Clean cars to again receive rebates in Texas

Clean Cars - Highway in Texas

Texas brings back rebates to support clean transportation Texas has once again begun to offer rebates for those interested in purchasing clean cars. The rebates have been absent for nearly three years, which has slowed the growth of clean transportation in the state to some degree. Now, vehicles that make use of alternative fuels will be eligible for up to $5,000 in rebates. The state is hoping that the rebates will help accelerate the adoption of clean vehicles. Battery and fuel cell vehicles also receive federal subsidies Vehicles that operate…

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Bangladesh renewable energy market receives support from the World Bank

Bangladesh Renewable Energy Market - Flag of Bangladesh

World Bank invests $55 million into Bangladesh The government of Bangladesh has entered into a new deal with the World Bank. Per the deal, the World Bank will provide $55 million to help expand the use of renewable energy in rural parts of the country. The Bangladesh renewable energy sector has been growing slowly in recent years, but new investments have been adding more momentum. The country is now working to bring clean power to rural communities in order to ensure they have reliable access to the electricity they need.…

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Renewable power is making progress in the Netherlands

Renewable Power - Windmils in the Netherlands

CBS highlights the growth of clean energy Renewable power accounted for 6.6% of all electricity generated in the Netherlands in 2017, according to CBS, the nation’s statistics agency. The Dutch government has been working to support clean power in recent years in order to combat climate change. Notably, biomass has played a major role in helping the Netherlands accomplish this goal as it has helped reduce the emissions produced by vehicles. Biomass has helped make transportation and energy production cleaner According to CBS,  solar power accounted for 30% of the…

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Partners Group invests in new Australian energy market project

Australian Energy Market - Investments

Equity firm invests more than $500 million into new project Partners Group, a private equity firm in Switzerland,  has announced that it will be investing more than $500 million to aid the development of the Grassroots Renewable Energy Platform in Australia. The project has a total capacity of 1.3 gigawatts.  This energy comes from a mix of solar and wind power, which will also be stored by and extensive battery system. The project is expected to add more momentum to the Australian energy market. Combining wind, solar, and batteries was…

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Japanese government examines it’s Basic Energy Plan

Basic Energy Plan - Examining the Facts

Government officials are determining the viability of new energy plan Japan’s Ministry of Economy, Trade, and Industry is currently deliberating the viability of the government’s latest draft of its Basic Energy Plan. The plan aims to ensure that clean forms of power, such as wind and solar, play a major role in Japan’s future. Critics of the plan suggest that it does not establish a clear message concerning the government’s plans to support clean power in the future. Plan intends to ensure that clean power has a role to play…

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Alternative fuel program launched in Pennsylvania

Alternative Fuel Program - Water dripping from leaf

State announces new program to support clean vehicle adoption The Pennsylvania Department of Environmental Protection has announced that is has begun accepting new applications for the state’s Alternative Fuels Incentive Grant Program. The alternative fuel program offers financial backing for those interesting in purchasing alternative fuel vehicles, including those powered by hydrogen. The program itself is designed to promote these vehicles among businesses, many of whom are being pushed to comply with increasingly strict emissions regulations to help Pennsylvania combat climate change. Funding will help companies embrace clean cars The…

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Renewable generation may thrive with advanced energy storage solutions

Energy Storage Solution - Lightbulb with globe - earth

New storage solutions are needed for clean power to continue to flourish Advanced energy storage solutions could solve the intermittency problems facing renewable generation, according to Fitch Ratings. Such solutions could also revolutionize energy distribution models for utility companies, encouraging them to promote the use of residential clean power systems. Renewables have begun to outpace fossil-fuels in terms of growth, but they will need efficient and effective storage systems in order to continue thriving well into the future. Global storage capacity will have to reach as much as 15 TWh…

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Emissions free energy is beating coal and natural gas in the United States

Emissions Free Energy - Solar and Wind Renewable Energy

Report shows that gas-fired power plants will not be able to keep up with clean energy The coal and oil industries may be experiencing revitalization in the United States, but this may not be enough to be emissions free energy. A new report from the Rocky Mountain Institute shows that energy generators may be committing consumers and investors to as much as $1 trillion in future investments and fuel costs through 2030 due to a rush in building new gas-fired power facilities. Clean power, however, can provide consumers with less…

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Clean mobility is making a tremendous impact in Michigan

Clean Mobility - Electric Vehicle - Tesla - Green Car

Clean cars are contributing $18 billion to the state’s economy Michigan’s clean mobility sector contributes some $18 billion to the state’s economy and generates more than $700 million in tax revenue every year, according to a new report from Clean Fuels Michigan. The report highlights the numerous economic benefits that are associated with clean vehicles. Investments in the research, development, and commercialization of clean cars have been increasing in recent years, which has created new opportunities within the state, making Michigan much more attractive to automakers. Report shows that the…

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The Australian energy market could benefit from a major change

Australian Energy Market - Powerline

Report predicts $20 billion in savings from a shift in the energy sector A major shift in the Australian energy market could help save $20 billion a year in combined fuel and electricity costs, according to a new report from the Community Power Agency. The report outlines a plan wherein homes and businesses acquire their power from renewable sources. It also predicts that 40% of all transportation throughout the country with be emissions free by 2035. Nicky Ison, a co-author of the report, notes that political battles over renewable power…

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EU and China are looking to lead the world with green investments

Green Investments - Green with Money

EU and China intend to establish new international order The European Union and China will work together to use clean power and technology to create and lead a new international order. Both the EU and China have become major proponents of the Paris Agreement, which calls upon countries to reduce their emissions by embracing clean technologies and new energy sources. The initiative has helped spark an increase in green investments throughout the world. China has been especially aggressive in this regard, with the EU following suit. Both intend to establish…

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