Solar

Solar, natural gas, wind make up most US 2016 power generation additions

News

Top 5 states solar capacity additions: California (3.9 GW), North Carolina (1.1 GW), Nevada (0.9 GW), Texas (0.7 GW), Georgia (0.7 GW) Electric generating facilities expect to add more than 26 gigawatts (GW) of utility-scale generating capacity to the power grid during 2016. Most of these additions come from three resources: solar (9.5 GW), natural gas

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US renewable energy set to grow 8.1% in 2016 – EIA

News

Utility-scale solar power generation will increase by about 80% by end of 2017 The US Energy Information Administration is forecasting total renewables used in the electric power sector to increase by 8.1 per cent this year, including a big jump in utility-scale solar power. Solar growth has historically been concentrated in customer-sited distributed generation installations (rooftop panels). EIA estimates that

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California has nearly half of the nation’s solar electricity generating capacity

News

For both utility-scale solar PV and solar thermal, California has more capacity than the rest of the country combined, with 52% and 73% of the nation’s total, respectively The United States has slightly more than 20,000 megawatts (MW) of solar generating capacity, which includes utility-scale solar photovoltaic (PV) and solar thermal installations, as well as

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Renewable electricity generation expected to grow 9% in 2016

News

In 2016 utility-scale renewables (wind at 5.2%, solar at 0.8%) will account for 14% of total electricity generated in USA Electricity generated from utility-scale renewable plants is expected to grow by 9 per cent in 2016, based on projections in the latest Short-Term Energy Outlook, according to the US Energy Information Administration.  Much of the growth

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Energy storage for solar systems will be $8 billion global market in 2026

News

Energy storage, combined with falling distributed solar power costs, will accelerate adoption of solar in coming years Energy storage systems for distributed solar are gaining market traction and should be worth $8 billion in 2026, according to a new study from Lux Research. Solar-plus-storage is key for solar to overcome limitations like intermittency and the lack

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Oil, gas dominate global energy demand to 2040 – Exxon Mobil forecast

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Exxon Mobil projects oil/natural gas will remain dominant fuels in future despite gains in nuclear, wind, solar power By Institute for Energy Research, Jan. 28, 2016 Earlier this week, Exxon Mobil released its energy outlook, forecasting that global energy demand will grow by 25 per cent by 2040 and that oil and natural gas will capture

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Obama’s ‘moonshot metaphor’ wrong way to think about energy transitions

Markham on Energy

Putting a man on the moon happened inside a decade, but global transition to new energy technologies may take a century Last night, President Obama promised to pursue the clean energy revolution with the same fervor America once marshaled to put a man on the moon. Unfortunately, the moonshot metaphor is the wrong way to think

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Corporate funding in solar sector comes in at $25.3B, record broken

News

Large-scale project funding in 2015 exceeded $11.6B in 124 deals this year, compared to 2014 in which $14.2B was raised in 144 deals Total global corporate funding in the solar energy sector, including venture capital/private equity, debt financing, and public market financing, raised by public companies totalled $25.3 billion, according to a new study from Mercom Capital

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COP 21 is done, time to punt climate activists for sake of the climate

Markham on Energy

Going forward, emphasis must be on policymakers, engineers, investors, managers, entrepreneurs, technicians – not activists COP 21 is over and climate activists around the world are basking in the glow of a glorious victory. Which is why now is exactly the right time to punt them to the curb of climate change debate. The agreement

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