Biden’s 80% By 2030 Clean Electricity Standard Would Unlock $1.5 Trillion Across The U.S.
President Biden has a rare opportunity to act on climate with maximum political capital from the 2020 election, bipartisan support for a clean energy recovery from the COVID-induced economic crisis, and the imperative of meeting his announced goal of halving the United States’ greenhouse gas emissions by 2030. The upside of acting now is massive […]
Global supply chain squeeze, soaring costs threaten solar energy boom
Global solar power developers are slowing down project installations because of a surge in costs for components, labor, and freight as the world economy bounces back from the coronavirus pandemic, according to industry executives and analysts interviewed by Reuters.
Africa Needs Electricity Now More Than Ever, Especially To Keep COVID-19 Vaccines Cold
Solar energy conjures up images of rooftop panels. The depiction is especially true in Africa, where about 600 million people are without access to electricity — power to keep the lights on and power to keep the COVID-19 vaccine frozen. Africa’s economy has experienced solid growth at an average of 3.7% throughout the continent. That […]
Corporate funding in global solar energy grows 43% in September quarter
Solar energy financing activities are rebounding globally since COVID-19 disruptions, as the total corporate funding came to $3.2 billion in the third quarter of 2020, from the $2.3 billion in the second quarter of the year, a growth of 43 per cent.
Solar energy reaches historically low costs
In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That’s according to a new report released today by the International Energy Agency (IEA).