Solar energy in Montana reaches new milestone

Sunshine on Montana Country Road

Montana quadruples its solar energy capacity Montana has made significant progress in its efforts to embrace solar energy. Over the past year, the state has quadrupled its solar capacity, installing 6.6 megawatts of solar power. The state’s energy plan, called Montana Energy Future, has provided strong support for solar power. This support has made it easier for new solar projects to take form. The plan now aims to double the state’s solar capacity by 2025. Solar sector is making significant progress throughout the state Solar energy has become a primary…

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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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Solar energy is gaining ground in Dubai

Solar Energy - Sunny Day in Dubai

New contract calls for the development of a new solar energy project Dubai’s Electricity and Water Authority has awarded a $3.9 billion contract so ACWA Power. The contract involves the development of a large-scale solar energy system. The system will make use of several mirrors, which will concentrate sunlight in order to generate electricity. Concentrated solar energy has been gaining popularity in recent years. These particular solar power systems have vast energy production potential, which makes them significantly more attractive than conventional solar farms. Solar farm will produce 5,000 MW…

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EU lawmakers want more aggressive renewable energy targets

EU Flag - Renewable Energy European Union and Europe

Lawmakers have come together to call for higher clean power targets Members of the European Parliament have come together to agree on more aggressive renewable energy targets. Politicians met earlier this week to discuss some 1,300 amendments to the European Commission’s initial clean power proposal. The European Union, as a whole, has been working to embrace renewable energy and reduce emissions for some time. Last year, member states were given legal directives to generate no less than 20% of their electricity from renewable sources by 2020. Many lawmakers now want…

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Renewable energy reaches a major milestone in Australia

Australia Renewable Energy

Clean energy can provide power for 70% of Australia’s homes Renewable energy has come to establish a significant presence in Australia. Indeed, clean forms of power, when combined, could actually satisfy most of the country’s energy demand. According to Green Energy Markets’ first Australian Renewable Energy Index, clean power can generate enough electricity to power 70% of Australia’s homes. Once new solar and wind projects reach completion by the end of this year, the clean power sector will be able to generate enough electricity to power 90% of the country’s…

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Hawaii sets sights on renewable energy

Image of Hawaii - Hawaii renewable energy

State aims to become completely reliant on renewable energy in the coming years Hawaii has ambitious plans for renewable energy. The state has long been a leading market for solar power within the United States. Indeed, this form of clean power is one of the most popular energy producers in Hawaii due to the abundant sunlight that the state received throughout the year. In the coming years, the state plans to derive 100% of its electricity from renewable sources, with solar energy playing a major role in accomplishing this goal.…

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Shell to invest $1 billion a year in renewable energy by 2020

Renewable Energy Investment - American Money

Shell has ambitious plans concerning renewable energy and clean transportation Shell has ambitious plans to show more support for renewable energy in the coming years. The company’s New Energies division is being prepared to make the transition toward clean power and transportation. Through this division, Shell plans to invest $1 billion a year in renewable energy and clean transportation by 2020. Shell CEO Ben Van Beurden notes that the transition toward clean power and technology has begun to accelerate in many parts of the world. This has created a significant…

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Solar energy is thriving in California

Solar Energy - Sunset on Beach in California

California has become a leading solar energy market California has established itself as the leading solar energy market in the United States. The Solar Energy Industries Association notes that the state was ahead of all others in terms of cumulative solar capacity in 2016. Last year, solar energy accounted for 13% of all electricity generated in California. The state is generating so much electricity from solar power systems that it is, in some cases, exporting this energy to other states. Solar power continues to expand throughout the state California is…

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Corporations are showing strong support for renewable energy

Renewable Energy Corporations - Meeting Room

Corporations are now the largest buyers of renewable energy Major corporations are quickly becoming the largest buyers of renewable energy in the United States. These companies have become major supporters of clean power in recent years, with many entering into long-term power purchase agreements with energy developers throughout the country. As these corporations show more support for renewable energy, they are helping the sector thrive and grow, creating new opportunities for developers and highlighting the reliability of clean power systems. Power purchase agreements are becoming popular among corporations In 2016,…

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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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Hawaii makes more progress toward its renewable energy goals

Renewable Energy - Beach in Hawaii

Utility has reached a major milestone with renewable energy Hawaiian Electric, along with its subsidiaries Maui Electric and Hawaii Electric Light, is celebrating the significant progress that has been made in embracing renewable energy. Together, these companies provide electricity for 95% of residents of five of Hawaii’s main islands. Recently, the state has been working to focus more heavily on renewable energy in an effort to distance itself from fossil-fuels and become more environmentally friendly. Clean power has also helped Hawaii become more energy independent. 2016 saw renewable energy play…

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Renewable energy is becoming less expensive than coal

Renewable Energy Cheaper than Coal

New report highlights the increasingly affordable nature of renewable energy Unsubsidized wind and solar power have become the least expensive forms of new energy generation. A new report from the United Nations and Bloomberg New Energy Finance shows that renewable energy experienced a significant reduction in cost last year. As clean power systems begin to not rely on subsidies from governments, the electricity they generated is becoming less expensive than that generated by coal. Cost of clean power is falling quickly According to the report, the total cost of generating…

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California seeks to ditch fossil-fuels in favor of renewable energy

Renwable Energry - California wants change

New legislation could require California to hit the 100% renewable energy mark by 2045 California’s lawmakers are looking to fast track the state’s plans to become completely reliant on renewable energy. New legislation has been introduced that, if successful, will require the state to derive no less than 100% of its electricity from renewable sources by 2045. California already has plans to reach the 50% renewable energy mark by 2030, but lawmakers believe that the state can accomplish a more ambitious goal, largely due to its growing clean power market.…

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China halts production on coal power plants to power renewable energy investments

Renewable Energy - Image Coal Power Plant

Construction on 85 coal power plants has been halted The Chinese government has suspended plans to build 85 new coal power plants in order to invest more heavily in renewable energy. According to the National Energy Administration, halting the coal projects is part of China’s Five Year Plan, which focuses heavily on clean power and reducing greenhouse emissions. China has placed a limit on how much coal capacity can be active in the country at any given time. This is meant to reduce the production of emissions and attract more…

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AsiaWEA forms to support the expansion of wind energy in the Asia-Pacific region

Wind Energy - Wind Project

New organization aims to support wind power in several countries A new wind energy association has been launched in Asia. Called AsiaWEA, the new organization will support the development of government policies as well as the research and development of both onshore and offshore wind energy systems. The organization is new accepting applications from businesses and agencies interested in clean power, with active membership slated to begin in January of 2017. Members will be accepted to quarterly meetings and seminars and AsiaWEA plans to host the first Asian Wind Energy…

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Renewable energy to continue to thrive thanks to economic benefits

The economics of renewable energy may ensure its continued success Solar and wind energy are facing an uncertain future in the United States, but economics may ensure that these two forms of clean power continue to thrive. There are many challenges facing solar and wind power, but one of the greatest of these challenges has to do with potential changes to federal energy policies. President-elect Donald Trump has decried both solar and wind power in the past. Trump intends to make changes to the country’s energy policies, reducing restrictions on…

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