A recent report by Environment America reveals that rooftop solar panels have grown a lot in the last 10 years, increasing by 1000%. The report suggests that there is still a lot of room for more growth in the future. The report called “Rooftop Solar on the Rise” is happy about the ten times increase […]
In a remarkable turn of events, the electric vehicle (EV) market is experiencing a surge in growth despite facing challenges in mainstream adoption due to major innovations. The automotive industry has been witnessing a paradigm shift towards sustainable and eco-friendly transportation, with electric vehicles at the forefront of this revolution. Electric Vehicles Trend in U.S.
By replacing corn-based energy with solar agrivoltaic systems, the U.S. can meet the entire country’s energy demand, the study revealed
The recent study reflected that switching from corn-based energy to solar agrivoltaic systems could fulfill the entire U.S. electricity demand. This shift addresses energy needs and promotes sustainable practices, utilizing sunlight and agriculture together for a cleaner and more efficient power supply. It’s becoming more clear that when we plant grasses and flowers around or
“BRIGHT” Solar Lease Program launched in Georgia to Empower Low-Income Homeowners with Solar, Overcoming Credit Barriers and Upfront Costs
Georgia just initiated a new solar lease program called BRIGHT (Building Renewables & Investing for Green, Healthy, and Thriving Communities ). This program aims to help residential homes to get solar power who might not qualify for paying for solar. The Capital Good Fund, a nonprofit organization, is running the program, and they have a
With record solar installations and investments, a remarkable solar and storage industry boom observed during 2023
In recent times, the United States has been making big strides in switching to cleaner and more sustainable energy sources. This shift is happening because people are worried about the environment, there are good economic opportunities, and technology is getting better. Two important laws, the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL),
Ernst & Young’s energy and resources report highlighted that solar power, despite economic challenges like inflation, stands out as the most cost-effective option in many markets. Globally, the average cost of electricity production for solar is 29% less than the cheapest fossil fuel alternative. Additionally, significant progress is being made in the cost competitiveness and
Renewable Energy & Battery Storage Demand is Expected to Boom in Upcoming Years, According to Deloitte’s 2024 Industry Outlook Report
Deloitte’s 2024 outlook for the renewable energy industry in the United States shows a positive trajectory for solar energy adoption in 2023. The report highlights achievements in the first eight months of the year, with utility-scale solar capacity additions reaching an impressive 9 GW. This growth outpaces other energy generation sources, marking a 36% increase
Renewables and Long-duration Energy Storage Technologies are expected to reduce 65% of Global Industrial Emissions, LDES Council Report
Long-term energy storage (LDES) technologies, in conjunction with renewable sources, can reduce worldwide industrial greenhouse gas emissions by 65%, as per a recent study by the LDES Council and Roland Berger. Long-duration energy storage is a vital element for a predominantly renewable grid. The U.S. Department of Energy (DOE) anticipates a need for 225 GW to 460
The Energy Information Administration (EIA) predicts that solar power will beat hydropower, generating 14% more electricity in 2024. This forecast highlights the role of sustainable energy sources in reducing our carbon footprint and promoting a more eco-friendly energy landscape. The U.S. is making remarkable strides toward an affordable energy future. Solar power ascends the ranks of electricity generation sources.
Solar Energy is Dominating in Clean Power Expansion, Reveals American Clean Power’s Quarterly Report
According to the American Clean Power Report, the United States has added a total operational clean power capacity of 243 gigawatts. This amount is sufficient to supply electricity to 65 million residential homes. As highlighted in the Q3 2023 market update by ACP, solar power has maintained its lead as the primary renewable energy source