The commercial sector produces more emissions than other industries. Manufacturing, packaging, transportation, and consumption practices contribute to greenhouse gas pollution. Environmentalists are assessing the challenges related to businesses’ emissions and defining sustainability opportunities and benefits across the economy. Business owners can shrink their carbon footprints to minimize environmental, social, and economic distress. As eco-conscious consumers influence the market, companies can …
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Everything You Need to Know About Your Home’s Sun Score
___________________________________________________________________________ Society’s understanding and value of global environmental sustainability has increased over the past few years. The United Nations evaluated the demand for emission-reduction efforts, establishing the Paris Agreement. Its goal is to reduce greenhouse gases. Individuals can support the sustainability goal by installing solar rooftops on their properties. You may increase the efficiency of your investment by first calculating …
Read More »Why is There a Solar Boom in Texas?
The early 2021 winter storm in Texas left residents without power for days. Extremely low temperatures caused statewide health risks, generating panic and distress. Following the blackout, government officials searched for future prevention plans. Solar power provides a sustainable solution for power outages. Many individuals invested in renewable energy after the blackout, eliminating their reliance on the grid. The government …
Read More »How Did Solar Become the Cheapest Energy?
The solar power industry hit a remarkable achievement in 2020. According to the International Energy Agency (IAE), solar photovoltaics are now the cheapest way to produce energy in most countries. Solar energy prices have been falling since the technology’s inception, but this is a substantial accomplishment. Ten years ago, solar was the most expensive energy option, but its cost has …
Read More »No Planet “B”: The Connection Between Climate Change and Public Health
We’ve all heard the stories. The global temperature is rising. The polar ice caps are melting. Storms are worsening. And we’ve seen the casualties. Fourteen lives lost in Tennessee. Nearly 90 dead in California. More than 1 billion animals taken in Australia. All the victims of voracious wildfires fed by an increasingly parched earth. It seems that no one and …
Read More »CORPORATE CLEAN ENERGY BUYING SURGED TO NEW RECORD IN 2018
Corporations purchased 13.4 gigawatts of clean power through long-term contracts, more than doubling 2017’s total, helped by demand from new industries and previously untrodden markets New York and London, January 29, 2018 – Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2018, shattering the previous record set in 2017. Highlights included a wave of …
Read More »Global Solar PV Demand Is Forecast to Reach Record 113 GW in 2018
Strong demand from the Chinese market is expected to persevere Global solar photovoltaic (PV) demand is forecast to hit another annual record of 113 gigawatts in 2018, propelled by strong demand anticipated in China. According to business information provider IHS Markit (Nasdaq: INFO), burgeoning demand from the Chinese market is expected to persevere on the back of continuing policy support, a successful …
Read More »As Clean Energy Grows, Electricity Markets Must Evolve
January 05, 2017 John Moore Part of NRDC’s Year-End Series Reviewing 2016 Energy Developments As 2016 fades away in the rear-view mirror, we reflect on a year of increasing tensions between the wholesale electricity markets – where utilities and other power suppliers purchase, sell, and trade energy to meet our energy needs – and our ever-growing appetite for cleaner, carbon-free …
Read More »Virtual power plant: System Will Be a Game Changer for Renewable Energy
Virtual power plant: that sounds like part of a video game like “SimCity” or “Cities: Skylines” — but it’s not. The virtual power plant (VPP) is a real, up-and-coming energy source. It’s a widespread collection of modest power systems with one control site that runs them like a single power plant. The control room increases or decreases production or …
Read More »Surging Solar Demand to Trigger Four-Year Record High Supply Chain Profit in 2015, IHS Says
PV module gross profits will top $5 billion in 2015, which is more than double the profits garnered in 2014 – Strong Solar Demand IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, has identified at least 89 countries with solar photovoltaic (PV) end-markets that will show growth in solar installations in 2015, which is forecast …
Read More »Most Chinese Tier-1 PV Module Suppliers Sold Out, Until Second Quarter of 2015
Representing 35 percent of global module capacity, IHS forecasts a 5.7 GW total effective capacity of Chinese tier-1 module suppliers in Q1 2015 SHANGHAI, China (January 22, 2015) – Most Chinese tier-1 solar PV module suppliers have sold out, until the second quarter (Q2) of 2015, according to the latest analysis from information and analytics provider IHS (NYSE: IHS). Along …
Read More »Solar Microinverter and Power Optimizer Market to Break $1 Billion Barrier in 2018
The market for global photovoltaic (PV) solar microinverters and power optimizers is forecast to more than triple in the coming years, rising to more than $1 billion in 2018, as both established and new regions increase their adoption of the emerging technology, according to IHS Technology (NYSE: IHS). Worldwide market revenue for PV solar microinverters and power optimizers, collectively called module-level power …
Read More »Study Predicts Rapid Growth in Solar Energy Market Will Lead to Opportunities for Copper
Sustainable energy expert reports on market study at SOLAR 2014 Conference With the growth rate of the solar energy market expected to increase by double-digits over the next decade, so too will the demand for copper which is needed to power and ground cabling for these installations, said Zolaikha Strong, director of sustainable energy for the Copper Development Association (CDA), …
Read More »A Signal that the Microgrid Market is about to Pop
To the consumer, the microgrid market will simply appear one day. Like the IPhone or the Kindle or solar panels, it will be the latest cool wonder of our high tech society. But those behind the scenes know that most products are many years in the making. Electricity innovation is no different, except perhaps that industry gestation requires a lot of government …
Read More »Solving Brazil Power Woes a Major Revenue Generator
Green Hygienics to Address Critical Global Power Demands and Conservation The advantages of low-cost, clean forms of energy are increasingly moving from the margins to the mainstream of public awareness in countries around the world, especially developing nations with fast-growing economies, rising numbers of middle class consumers and traditional power supplies that are unreliable or heavy polluters or both.The decision by Warren Buffett’s utility company …
Read More »China to Install More Solar than Europe in 2014
Asia Drives Global PV Installations to 46 GW, IHS Predicts Global solar photovoltaic (PV) installations will grow by a robust 22 percent in 2014, largely as a result of recent policy changes in the two largest markets, China and Japan, according to IHS Inc. (NYSE: IHS). Worldwide installations in 2014 will rise to 46 GW (gigawatts), 5 GW higher than …
Read More »Solar Power Use In Mexico
Mexico Boosts Its Global Solar Appeal, Now No.3 Behind South Africa and Turkey Mexico in the first quarter raised its attractiveness profile in the global photovoltaic (PV) market to close in on reigning leaders South Africa and Turkey, while the Philippines is now in the top 10 among the most appealing PV markets for the first time ever, according to …
Read More »Better Solar Power On Its Way
High-Concentration Solar Photovoltaic Systems to Reach Greater Efficiencies, Boosting Appeal Against Conventional Solutions Consistent improvements in technology and gradually lower costs will drive high-concentration photovoltaic (HCPV) systems to superior efficiencies, making HCPV an increasingly viable rival to conventional solar-generating solutions, according to the latest analysis from IHS Technology (NYSE: IHS). The cell efficiency of HCPV systems, currently at 40 to 42 percent, …
Read More »Solar Energy Installs To Continue Rise
Global Solar Installation Growth Set to Hit Three-Year High in 2014 Global photovoltaic (PV) installations are forecast to rise at the fastest pace in three years in 2014, exceeding 40 gigawatts (GW) for this first time and generating installation revenue of more than $86 billion, according to IHS Inc. (NYSE: IHS). Annual solar installations are predicted to expand at a …
Read More »SEAD Study Finds Super-Efficient Air Conditioners Could Avoid More Than 100 Power Plants
A new assessment commissioned by the Clean Energy Ministerial’s Super-efficient Equipment and Appliance Deployment (SEAD) initiative finds that deploying super-efficient air conditioners could significantly reduce energy use by 2020 in selected countries, avoiding the need for more than 100 medium-sized (500-megawatt) power plants. Conducted by the Lawrence Berkeley National Laboratory and Navigant Consulting, the Cooling the Planet: Opportunities for Deployment …
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