Solar energy industry expected to see strong growth this year

Solar industry is set for worldwide growth The solar industry is poised to see strong growth this year, according to new predictions coming from Bloomberg. Consultants from Bloomberg note that many organizations and countries have become quite aggressive when it comes to the issue of renewable energy, sustainability, and how clean power can affect an economy. Analysts suggest that as much as 44.5 gigawatts of new solar capacity may come online this year and this estimate is quite close to those already made by Deutsche Bank. Industry expected to grow…

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Prices Drop on Electric Vehicles – But Is It Enough?

Electric vehicles (EVs) stand at a crossroads. High gas prices have peaked consumer interest, but most car shoppers are impatient with EV battery-charge times and unwilling to pay more than $30,000 for one. In fact, consumers want to spend the same amount for a green car that they would on a traditional vehicle, according to a study by the Global Manufacturing Industry group: 65 percent of Americans said they would not pay more for an electric car. EVs have recently come down in price, but is it enough to gain…

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Wind energy sees gains in United Kingdom

wind energy support

Report shows that wind energy is beginning to make progress in the UK Alternative energy has been a strong interest in the United Kingdom recently. The country has been making strides in increasing the amount of its electricity that is generated through clean and sustainable methods. Wind energy, in particular, has seen a great deal of support from the UK government. According to a report from Bloomberg, wind energy is showing impressive gains throughout the country. So much so that wind energy is quickly becoming one of the country’s favored…

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Bloomberg study shows the number of electric charging stations shadows the number of ethanol fuel stations in the U.S.

electric vehicles

A new study from Bloomberg, a multinational financial news corporation, shows that the number of public charging stations in the U.S. outnumbers ethanol fueling stations. According to the study, there are more than 4,400 charging stations throughout the country, each capable of powering more than one electric vehicle at a time. There are only 2,500 ethanol fueling stations in the U.S., all of which are used to fuel the 7.6 million vehicles that run solely on the fuel. While charging stations may outnumber ethanol station, there are only 16,000 electric…

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