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 suffering in India due to air pollution

Solar Energy - Air Pollution Problems

Research shows that air pollution is having an impact on solar power Rampant air pollution is beginning to have an impact on India’s ability to generate electricity from its solar energy systems. Researchers from the Indian Institute of Technology have found that a significant portion of solar power is going to waste due to air pollution. The problem is so bad that billions in investments are being undermined. The researchers found that air pollution is reducing solar energy generate by more than 25%. Some 3,900 MW of energy is being…

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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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India installs more solar energy capacity in first half of 2017 than it did in all of 2016

India at Sunset - Solar Energy

Solar energy continues to experience dramatic growth India’s solar energy capacity is growing more quickly than expected. During the first half of this year, the country installed some 4,765 megawatts of new solar capacity. By comparison, approximately 4,313 megawatts of solar capacity was installed throughout the whole of 2016. The country has begun investing aggressively in solar energy in order to combat climate change and take advantage of emerging economic opportunities. This has led to a significant increase in India’s solar capacity. Large-scale projects account for majority of newly installed…

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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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United States set to abandon the Paris Agreement

Paris Agreement - Map of Pairs

Paris Agreement may no longer be a part of the future of the United States The United States is poised to pull out of the Paris Agreement as changes to federal environmental policy seem to begin taking form. President Donald Trump has announced the government’s intent to exit the Paris Agreement despite significant opposition to the move. The agreement was approved by more than 190 countries throughout the world and was eventually ratified by 147 countries. It established a set of tools that are meant to help countries reduce greenhouse…

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India is beginning to move away from coal in favor of solar energy

India Solar Energy - Flag of India

Coal developers are struggling to adapt to the falling cost of solar energy Several of India’s coal developers are beginning to question the future of fossil-fuels in the country as the cost of solar energy continues to plummet. As costs continue to fall solar power is gaining more popularity and support. This is opening up new economic opportunities that those focused specifically on fossil-fuels may not be able to take advantage of. With solar energy now the least expensive form of power in the country, coal developers are beginning to…

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China and India are on their way to meeting their Paris Agreement goals

Climate Change - Moving Toward Meeting Paris Agreement Goals

China and India may meet their Paris Agreement goals before other countries Both China and India are well on their way to meeting the goals established by the Paris Agreement. The agreement calls upon several countries to make significant cuts to emissions production and embrace renewable energy more aggressively. Analysis from Climate Action Tracker shows that policies in both China and India are helping these countries target emissions. Both of these countries are outpacing the United States in terms of emissions reduction, partly due to shifting support of the Paris…

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Cost of solar energy is now lower than coal in India

Solar Energy - Solar Panel Near Water

Price of solar energy continues to fall in India The cost of solar energy in India has hit a record low. This form of power is now less expensive than electricity generated from fossil-fuels. Currently, the cost of solar energy is 18% lower than the electricity produced through the use of coal-fired plants. India has established itself as a very attractive market for solar energy, which has attracted numerous developers to the country. The swell of new solar projects has helped lower the cost of solar-generated electricity throughout the country.…

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India is focusing heavily on electric vehicles

Electric Vehicle - Car Being Charged

India may have a massive market for electric vehicles by 2030 India is making a major push to promote clean transportation. The country hopes to have an all-electric vehicle fleet by 2030 in order to cut down on emissions and reduce the costs associated with fuel imports. Electric vehicles are becoming more popular in India because they are somewhat less expensive than their conventional counterparts. They also provide those living in large cities with an easy and efficient means of transportation. Government may need to support electric vehicles until market…

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Wind energy reaches a new record in India

Wind Energy - Wind Turbine on hill

India has achieved a new milestone with its wind energy projects India has reached a new milestone with its wind energy production. During the 2016-2017 fiscal year, the country generated 5,400 megawatts of wind power, surpassing its goal of generating 4,000 megawatts of wind energy. Renewable energy has been experiencing healthy growth in India. The country is home to approximately 50,100 megawatts of installed clean energy capacity. More than 55% of this capacity comes from wind power projects. Despite the growth of clean power, only 16% of the country’s electricity…

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Suzlon reaches major milestone in India’s wind energy market

Wind Energy - Turbines in Field

Suzlon has established a leading role in the wind energy space Suzlon Energy, a prominent wind energy company, has announced that it has reached a major new milestone in India. The company has established a very strong presence in the country, bolstering India’s wind energy capacity by a significant margin. Now, Suzlon controls a major share of India’s wind capacity and renewable energy market. The company operates some of the largest wind farms in India and has plans to continue expanding wind capacity in the coming years. Company now operates…

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India achieves major accomplishment with its renewable energy capacity

Renewable Energy - Indian Flag on Country Outline

India surpasses the 50 GW mark in renewable energy capacity India has reached another major milestone in its renewable energy sector. The Ministry of New & Renewable Energy has announced that the country’s operational grid-connected clean power capacity surpassed 50 gigawatts. More than half of this capacity comes from wind power, with solar energy coming in second. Hydropower, bioenergy, and waste-to-energy solutions make up the remainder of the country’s renewable energy capacity. While solar falls significantly behind wind in terms of capacity, India is considered one of the world’s fastest…

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Solar energy is becoming more affordable globally

New solar projects highlight the continued decline in solar energy costs The cost of solar energy continues to fall throughout the world. In recent months, several solar projects have begun to take form in many countries. A bid to build a 500 megawatt solar power system was recently placed in China, with the bid being $0.46 per watt of capacity. Last week, a similar bid was placed for a solar project in Abu Dhabi, coming in at $0.023 per kilowatt-hour. According to Masdar Clean Energy, this represents one of the…

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Renewable energy space may not be affected by Trump presidency

Renewable Energy News - Donald Trump

The global renewable energy sector may continue to thrive even without support from the US The global renewable energy community has expressed concern over the changing political landscape in the United States. Donald Trump has become the President of the United States and he has vowed to revitalize the coal and oil industries. At the same time, renewable energy may lose some support from the federal government, as incoming federal officials intend to show more support for fossil-fuels and limit environmental regulations in the coming years. Despite this, however, renewable…

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India set to launch a new online solar energy training program

Solar Energy - India Sunset

New program aims to help train individuals to be solar technicians Solar energy is growing quickly in India and the government has plans to ensure that the sector has as much support as it needs to thrive. The government has announced that it will be launching a new online training program designed to help people become professional solar technicians. The Solar Energy Corporation of India has been tapped to implement this online program. Those with an Internet connection can enroll in online courses for just $8.79. Those completing the online…

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