Global renewable energy consumption set to rise through 2040

Renewable Energy World

New report highlights the world’s growing consumption of electrical power The Energy Information Administration has released a new report concerning the world’s consumption of electrical power. The report predicts that global energy consumption will increase by 28% by 2040. Notably, the demand for coal is expected to decrease in the coming years. Many countries are expected to increase their reliance on renewable energy sources, such as solar and wind, in order to replace their consumption of fossil-fuels. China will see a major increase in renewable energy use The report from…

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Green home energy is leading the way among renovation trends

Green Energy Home - Residential renewble energy

A growing number of homeowners are opting for microgeneration technologies such as solar. Building an addition or an extension onto an existing house can be a phenomenal way to boost home value and ensure that a current residence continues to suit a family’s needs without having to move. However, a bigger home can lead to rising electrical and heating demands and costs. As a result, many homeowners are choosing to participate in a rapidly growing green home energy trend. By installing microgeneration technologies onto existing homes or those that have…

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Florida utility commits to solar energy

Solar Energy Projects - Solar Farm at Sunset

Duke Energy plans to develop at least nine new solar projects Duke Energy has announced plans to develop at least nine new solar energy systems in Florida. The utility will also be doing away with a controversial nuclear energy charge on customer bills. Duke Energy notes that the new solar initiatives are worth approximately $6 billion. These new projects are part of the utilities overarching efforts to embrace renewable power. The utility has faced criticism in the past for lagging behind others in this regard. Solar technology has improved significantly…

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Global solar energy capacity to surpass nuclear capacity by end of year

Solar Energy - Planet Eart and Sun

Report highlights the rapid growth of the solar energy sector The world’s solar energy capacity may soon surpass global nuclear energy capacity, according to a new report from GTM Research. Solar power has been attracting strong support throughout the world in recent years. Several countries have embraced this form of clean energy in order to become environmentally friendly. They have also done so to take advantage of various economic prospects that are offered by new solar energy projects. This is all happening as many countries begin to move away from…

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India to reach 155 GW of renewable energy capacity by 2026

India Renewable Energy Goals - Green Landscape in India

Revised analysis shows that India’s clean power capacity is growing more quickly than expected India is on track to reach 155 gigawatts of renewable energy capacity by 2026, according to a revised BMI Research analysis. The country has been working to embrace clean power for several years now. Hydropower has already established a strong presence in India, but the majority of the country’s new clean energy capacity will come from non-hydropower sources. Notably, solar and wind power will play a major role in accomplishing this goal. Solar power may become…

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Solar energy may begin to surge in Nevada

Nevada - Solar Energy, Solar Array

Solar-friendly policies return to Nevada Solar energy may soon see a comeback in Nevada. The solar sector has been struggling to find a foothold in the state since the government struck down net metering and other favorable policies nearly two years ago. With these policies coming back into play, however, the state’s solar market may become revitalized. This began with the passing of legislation that reinstate favorable rates for solar consumers, allowing them to once again take advantage of the state’s net metering system. Net metering could help the solar…

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Solar energy is thriving in North Carolina

North Carolina solar energy - Sunrise

North Carolina has become a leading solar energy market North Carolina has taken a leading spot in terms of solar energy generation in the United States. Since 2007, the state’s solar energy production has been growing at an accelerated rate. The state is also becoming more energy efficient, taking advantage of new storage solutions and using the electricity it does generate more effectively. North Carolina is on track to become third largest producer of solar energy this year, making the state a very attractive market for energy developers. Solar capacity…

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Scotland sets another wind energy record

Scotland Flag - Wind Energy

Wind energy continues to reach new heights in Scotland Scotland has set yet another record with its wind energy production. Within the United Kingdom, Scotland has established itself as a primary wind energy market The Scottish government has invested heavily in wind power in recent years, setting several production records. Over the past six months, wind energy has reached a new milestone in Scotland, further solidifying its role as a thriving wind market. More than 1 million MW-h of electricity produced in the first six months of 2017 During the…

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China’s solar energy industry to increase production of solar panels

Solar Panels - Solar Energy Industry

Solar panel manufacture to increase by 25% this year China’s solar energy industry is poised to become yet more active throughout the remainder of this year. The industry has already established significant momentum in 2017, but manufacturers and developers are not ready to rest easy. The solar energy industry is expected to produce 25% more solar panels this year than in 2016, according to Wang Bohua, secretary general of the country’s solar industry association. Notably, production is set to increase significantly due to foreign demand, much of which is coming…

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Germany is making significant progress in its renewable energy endeavors

Wind Energy - German Flag Blowing in Wind

German Renewable Energy Federation highlights the progress that the country has made Germany is making major strides in its ongoing transition toward renewable energy. The German Renewable Energy Federation has announced that it has reached a major milestone. According to the organization, Germany has generated 35% of its electricity from clean power sources between January and June of this year. By comparison, the United States generated approximately 19% of its electricity from renewable sources during the same period. Wind, solar, and hydropower have contributed heavily to Germany’s renewable energy endeavor.…

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Solar energy set to become one of the world’s leading forms of power

Solar Energy - Earth

Report highlights the future prospects of solar energy Solar energy is poised to play a major role in the world’s power supply in the coming years. A recent report from Bloomberg New Energy Finance predicts that both wind and solar energy will supply more electrical power to the world than other forms of energy by 2040. Solar, in particular, may experience an economic boom in the near future, largely due to its growing popularity and the falling price of photovoltaic technology. Solar and wind are becoming less expensive than coal…

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China to aggressively increase wind energy capacity

Chinese Flag Blowing in Wind - Wind Energy

China has plans to expand its use of wind energy over the next 10 years China has unveiled ambitious plans concerning wind energy. Over the next decade, the country plans to install more than 25 gigawatts of new wind energy capacity every year. By the end of that ten-year period, some 403 gigawatts of wind capacity is expected to be installed, according to MAKE Consulting. China has already invested heavily in clean power, with solar energy being one of the most heavily supported forms of new electricity generation in the…

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Chinese province 100% powered by renewable energy during 7-day trial

Renewable Energy - Solar, Wind and a green field

Qinghai Province shows what can be accomplished through renewable energy trial China’s Qinghai Province, located in the northwest reaches of the country, has accomplished a major feat. For seven days this month, the entire province derived 100% of its electricity from renewable energy sources. This accomplishment was part of a trial conducted by the State Grid Corporation of China. The trial ran through June 17 through June 23. During this period, the province did not generate electricity from fossil-fuels, relying instead on solar, wind, and hydropower. Fossil-fuel may be losing…

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Two renewable energy bills have been shot down in Nevada

Renewable Energy - Nevada Flag

Governor vetoes two renewable energy bills The future of renewable energy in Nevada had begun to look somewhat brighter in recent months due to the introduction of three new bills. These bills would help the state shift toward a more open and competitive energy market, but two of these three bills have now been shot down. Late last week, Governor Brian Sandoval vetoed two of the three bills, claiming that there is significant uncertainty regarding Nevada’s renewable energy shift. Bills would have aided the expansion of renewable energy in the…

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The future of renewable energy continues to look promising

Renewable Energy Future

Report highlights the continued growth in the demand for renewable energy The demand for renewable energy continues to rise, with wind and solar power becoming quite popular among consumers and businesses alike. According to Deloitte’s latest annual report on the renewable energy space, support for wind and solar power is on the rise. The report notes that advances in technology and the falling costs of clean power have secured growth for the foreseeable future. These two factors have made renewable energy competitive with more conventional forms of power. Businesses are…

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Renewable energy generates more electricity in the UK than coal and gas

Renewable Energy Banner of UK Flag

UK generated more electricity from renewable energy sources than from its coal and gas systems Wind, solar, and nuclear power have become the largest contributors to the United Kingdom’s energy grid. The National Grid, which oversees the country’s energy infrastructure, notes that these three forms of power have reached a new milestone. The UK has been showing strong support for renewable energy in recent years. The government has invested heavily in wind energy, specifically. The government is eager to distance itself from fossil-fuels in order to meet its environmental goals…

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