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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India sets new clean power goal

India Clean Energy Goal

Government has announced a new goal for renewable energy The government of India has announced a new clean power goal. The country has been pursuing renewable energy aggressively in recent years. India is committed to combating climate change and increasing accessibility to electricity for its residents, especially in rural areas. The government’s efforts have made the country one of the largest and fastest growing solar energy markets in the world. New goal set at 227 GW The government has raised its renewable energy target to 227 gigawatts, up from its…

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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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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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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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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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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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Green investments plummet in the UK

Green Investments - Plan and coins

Critics say the government has created a “hostile environment” for investors Clean energy has been growing in the United Kingdom in recent years, but the government is now facing new criticism in its support of this sector. Green investments in the UK are now lower than they have been in a decade, according to a report from the Environmental Audit Committee. Critics say that the government has created a hostile environment for investors. This is largely due to the government withdrawing its support for various forms of renewable power. Lack…

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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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Renewable energy now employs more than 10 million globally

Renewable Energy - Global - hand holding world

Report shows that there are more than 10 million clean power jobs There are now more than 10 million people employed in the global renewable energy sector, according to a new report from the International Renewable Energy Agency. Approximately 500,000 new jobs were created within this sector in 2017. This accounted for a 5.3% increase in clean power jobs overall. The trend is expected to continue well into the future as more countries begin to embrace clean power as a way to replace fossil-fuels and cut down on emissions. China…

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Portugal reaches a new renewable energy milestone for March

Renewable Energy - Portugal Flag in Sun

Grid operator reports that Portugal has generated some 4,812 GW of renewable power in March Portugal has reached a major milestone with its energy strategy. The country’s renewable energy sector was able to generate enough electricity to accommodate all of its needs during the month of March. The Portuguese grid operator, REN, has reported that some 4,812 gigawatts of electrical power were generated through renewable sources in March. Throughout that entire month, the country only consumed 4,647 gigawatts. Heavy rainfall allows dams to produce more electricity The majority of this…

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DTE Energy announces ambitious renewable energy plan

Renewable Energy Plan - Man holding lightbulb

Company aims to double its clean power capacity by 2022 DTE Energy, a major energy supplier in Michigan, has announced plans to add some 1,000 megawatts of renewable energy capacity to its portfolios by 2022. This capacity will come from new solar and wind power projects. The company’s plans must first be approved by the Michigan Public Service Commission. The plan would represent a $1.7 billion in Michigan’s growing renewable energy sector. If the plan is successful, DTE Energy would use its new clean power capacity to provide electricity to…

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Fate of renewable energy may be in the hands of Arizona voters

Renewable Energy - Vote - Politics - Arizona

Two ballots may decide the future of clean power Arizona voters may need to determine the fate of renewable energy in the state this fall. Lawmakers are currently preparing new ballot initiatives that intend to increase the state’s clean power targets. Both of the ballots are nearly identical: Both seek to require Arizona to derive 50% of its electricity from renewable sources by 2030. The issue, however, is that the ballots impose very little penalties on utilities that do not reach a certain mark with clean power. Ballots are identical…

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California legislation could be a boon for renewable energy

Renewable Energy Legislation - Courthouse in California

Legislation seeks to increase access to clean power New legislation in California could expand the access that non-residential consumers have to renewable energy. Senate Bill 1399 aims to allow these consumers to facilitate the development of clean power projects that would be located outside of properties. Such projects could be very beneficial for those living in apartment buildings, providing them access to the renewable energy that they are interested in using. These projects would have a maximum capacity of 20 megawatts. Solar sector may benefit from the new legislation The…

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Renewable energy is vital to Japan’s future

Renewable Energy - Sun - Mt Fuji Japan

Japan plans to have renewable energy form the core of its future strategy Clean power will play a vital role in Japan’s long-term energy strategy. The Japanese government has unveiled a new strategy that is focused on the use of renewable energy and clean technology. Per the strategy, the country is poised to increase its use of solar and wind power while also making advances in battery and hydrogen fuel cell technology through 2050. The new strategy is based on the 2015 Paris Agreement, which calls upon countries to make…

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Countries may need to accelerate their renewable energy plans to fight climate change

Climate Change - Renewable Energy Needed

Countries must accelerate their environmental sustainability efforts in order to thwart climate change The transition toward renewable energy must be accelerated in order to combat the effects of climate change, according to a new report from the World Economic Forum. The report is part of the organization’s Energy Transition Index 2018, which highlights the efforts that 114 countries are making to embrace clean power. The report ranks these countries based on their efforts and how large of a role renewable energy plays in their fight against climate change. Report shows…

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