Solar energy outpaces other forms of power in terms of growth

solar energy growth

Report shows that the solar sector has made monumental progress Solar energy is the fastest growing segment of clean power, according to a report from the International Energy Agency. The report shows that the solar sector has seen monumental growth over the past year, largely due to the efforts of companies specializing in the development of photovoltaic technologies. Many of these companies are based in China, which is home to a thriving solar energy sector. Chinese companies have helped reduce the cost of photovoltaic technologies by aggressively producing solar panels.…

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Solar energy has become the fastest growing form of power

Solar energy growing fast - solar panels

Report shows that solar energy has grown aggressively Solar energy has become the fastest growing source of clean power, according to a new report from the International Energy Agency. Last year, the solar sector saw aggressive growth throughout the world. According to the report, solar energy accounted for two thirds of all new energy capacity installed globally. The solar sector has found success by attracting strong government support, but much of its success is due to a boom in photovoltaic installations and the falling cost of solar technologies. Solar installations…

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China leads the world in wind energy installations

Wind Energy - Wind Energy Installments - Wind Farm

Report shows that China has established a lead in wind energy installations China continues to lead the world in terms of installed wind energy capacity, according to a new report from the Global Wind Energy Council (GWEC). The report predicts that Asia would lead growth in the wind power sector, largely due to the growing number of countries that are investing heavily in clean energy. China, in particular, has become a prominent supporter of wind power, establishing a powerful position in the wind market. China installed more than 54 GW…

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Wind energy market continues to see aggressive growth in China

China’s wind capacity is skyrocketing China has become very aggressive with its wind energy market. The country has been building two wind turbines every hour, according to the International Energy Agency. The organization notes that this is the world’s largest program of wind turbine installation, more than double over what is being seen in the United States. The growth of the wind energy market is so profound that wind power is able to cover the entirety of China’s annual increase in energy demand. China remains heavily reliant on fossil-fuels While…

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UK’s first floating solar energy system is activated

Development on a new solar power system has been completed in the UK Development of a floating solar energy system has been completed in the United Kingdom. The system is located near a farm in Berkshire and some $300,000 has been invested in its development. The system floats atop a reservoir and boasts of a maximum energy capacity of 200 kilowatts. This is the first floating solar array to be activated in the United Kingdom and the system has already received some strong praise from renewable energy advocates and others.…

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Solar energy may be the world’s primary power source by 2050

IEA predicts that solar power will play a major role in the global energy make up in the coming years Solar energy may be the world’s primary source of electrical power by 2050, according to the International Energy Agency. The organization has released a report that highlights the advance of photovoltaic technology and the growing prominence of concentrated solar power systems, suggesting that solar power will make significant strides in the coming years. Solar power is already receiving a great deal of support throughout the world, and as photovoltaic technology…

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Report claims renewable energy can be cost competitive in every country

IEA report highlights the advances that have been made in the clean technology space The International Energy Agency has released a report that suggests wind and solar energy can be cost competitive in every country. The report highlights recent trends in the global energy market as well as advances that have been made in the renewable energy space in terms of technology. As wind turbines and solar panels have become more efficient, the costs associated with both wind and solar energy have decreased, making these forms of clean power more…

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Renewable energy may help the world avoid a costly problem

Cost of meeting the world’s energy needs will reach new heights by 2035 Accommodating the world’s energy needs is expected to become a very expensive problem, according to a special report from the International Energy Agency. Energy costs are growing more expensive at a rapid pace and energy consumption is also on the rise. Despite countries taking steps to embrace energy efficiency and cut down on their use of fossil-fuels, the cost of electricity continues to grow and this cost may become unmanageable by some countries in the future. More…

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22% of world’s power comes from renewable energy

Report from International Energy Agency highlights global clean energy capacity Last year marked the largest growth in global renewable energy capacity. Several countries throughout the world began adopting clean power at an accelerated rate. Some of these countries did so for environmental reasons, while others embraced the economic potential of clean energy. The International Energy Agency recently released a report noting the accelerating adoption of clean energy. The report notes that renewable energy capacity grew faster in 2013 than it has in any previous year. The clean energy sector grew…

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Renewable energy excelling at record speed

Green energy technology currently generates over 20 percent of electricity around the globe. According to a new report from the International Energy Agency (IEA), the capacity of renewable energy sources, such as solar and wind power, expanded at the fastest rate ever in 2013, producing 22 percent of the world’s electricity. Over $250 billion was invested in clean generating systems last year. That said, while the speed of growth has been tremendous, it is anticipated to slow down. This is partly due to politicians who are becoming uneasy about subsidy…

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The Politics of Renewable Energy

Renewable energy has captured the attention of the world. Many countries are looking for ways to break their reliance on fossil-fuels and reduce the harmful emissions that they produce every year. Clean energy has become a tool through which countries can establish energy independence and sustainability. The problem is, however, that the adoption of clean energy is slow and many prominent countries are not as eager to reduce their use of fossil-fuels as they claim to be. Politics is one of the reasons for this. In 2011, the Intergovernmental Panel…

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Solar energy is making progress in Australia

Report highlights the growing role that solar power is playing in the Australian energy mix The International Energy Agency has released its annual Photovoltaic Systems Program report, highlighting the growth of residential solar energy systems. The report shows that Australia is finding significant success in terms of solar power adoption, especially in the residential sector. This success was mostly seen over the past year. This year, the Australian government has been pulling back on its support of solar power, focusing more heavily on other forms of energy and distancing itself…

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Renewable energy may help the world avoid a costly problem

Cost of meeting the world’s energy needs will reach new heights by 2035 Accommodating the world’s energy needs is expected to become a very expensive problem, according to a special report from the International Energy Agency. Energy costs are growing more expensive at a rapid pace and energy consumption is also on the rise. Despite countries taking steps to embrace energy efficiency and cut down on their use of fossil-fuels, the cost of electricity continues to grow and this cost may become unmanageable by some countries in the future. More…

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Five New Green Travel Innovations

Green energy is currently one of the world’s fastest growing industries… and according to the International Energy Agency, it will soon replace natural gas as the second leading power source by the year 2016. Renewable energy sources, including hydroelectric power, make up the most rapidly developing sectors of the electricity generation industry. In fact, it’s been estimated that its prevalence will jump by a staggering 40 percent in the five years to come. In the United States alone, green energy was used to generate 12 percent of the country’s electricity,…

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G20 countries take a step toward renewable energy and sustainability

Renewable energy may win out with agreement to cut fossil-fuel subsidies In early September, G20 leaders met in Russia for the 2013 Leaders’ Summit. During the event, heads of state from around the world come together to discuss global issues, such as the dismantling of nuclear weaponry and other subjects that could have global implications. Typically, political leaders are divided on the issues that are discussed at the gathering and little progress toward resolving global problems is made. This year, however, all G20 leaders have agreed to begin phasing out…

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Renewable energy slated for major growth around the world

Renewable energy growth

Renewable energy may soon surpass natural gas and nuclear power The International Energy Agency has released a new report concerning the world’s transition away from fossil-fuels toward renewable energy. The report offers a prediction regarding natural gas and nuclear power and when these two forms of power will be replaced by renewable energy systems. Natural gas is often considered the bridge leading from fossil-fuels to renewable energy, but the growing popularity of renewables is beginning to outpace the interest that many parties have in natural gas. Renewables may soon exceed…

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