Tag Archive for: renewable

By 2030, global renewable electricity generation is expected to grow 90%, reaching over 17,000 TWh, enough to meet China and US demand.

IEA’s analysis and forecasts for photovoltaics to 2030

The International Energy Agency has published its October report, and here is a brief summary of their expectations for photovoltaic energy: IEA – Octubre 2024.

By 2030, global renewable electricity generation is expected to reach over 17,000 TWh, representing an increase of nearly 90% compared to 2023, sufficient to cover the combined demand of China and the United States. Significant milestones will be reached in the next six years:

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Source: Reve

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Santa Clara County will soon have a large solar energy system that would generate 50MW of solar energy, that can power 36,000 homes annually.

First large-scale solar energy and storage system to be built on Peninsula

Santa Clara County will soon have a large solar energy system in its own backyard.

VCI Energy, a newcomer to the renewable energy industry, will develop the first large-scale solar energy and storage infrastructure in the county.

Silicon Valley Clean Energy, a public agency that provides clean electricity to homes and businesses throughout Santa Clara County, will purchase the renewable energy generated from the new system – a decision the agency’s Board of Directors approved during its meeting in October.

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Source: Palo Alto Online

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US companies Elapath Energy and RenewableErgon are teaming up to develop a 150 MW solar project in Taiwan.

US partners launch 150 MW solar project in Taiwan

US companies Elapath Energy and RenewableErgon are teaming up to develop a 150 MW solar project in Taiwan. The $250 million project will be built in Budai, Chiayi County.

Work on the first phase of the project is scheduled to start next month, following regulatory alignment with Taiwan’s Energy Administration, Ministry of Economic Affairs (MOEA), with an aim for completion in February 2025. Once finished, the project is expected to generate solar energy for 30,000 homes.

RenewableErgon is a blockchain-based platform that leverages smart contracts, dynamic electricity pricing, investment and staking in renewable energy projects.

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Source: PV Magazine

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For part of almost every day this spring, California produced more electricity than it needed from renewable sources.

California is showing how a big state can power itself without fossil fuels

Something approaching a miracle has been taking place in California this spring. Beginning in early March, for some portion of almost every day, a combination of solar, wind, geothermal, and hydropower has been producing more than a hundred per cent of the state’s demand for electricity. Some afternoons, solar panels alone have produced more power than the state uses. And, at night, large utility-scale batteries that have been installed during the past few years are often the single largest source of supply to the grid—sending the excess power stored up during the afternoon back out to consumers across the state. It’s taken years of construction—and solid political leadership in Sacramento—to slowly build this wave, but all of a sudden it’s cresting into view. California has the fifth-largest economy in the world and, in the course of a few months, the state has proved that it’s possible to run a thriving modern economy on clean energy.

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Source: The New Yorker

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California is selected to receive $60M in federal funding as part of a significant effort to build a nationwide climate-ready workforce.

As Earth warms, California gets federal funding to train climate-ready workforce

California is among nine U.S. states and territories selected to receive $60 million in federal funding as part of a significant effort to build a nationwide climate-ready workforce.

The investment from the U.S. Department of Commerce and the National Oceanic and Atmospheric Administration will support job development efforts in coastal and Great Lakes communities around the country, including $9.5 million to establish the Los Angeles County Climate Ready Employment Council at Long Beach City College.

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Source: Los Angeles Times

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CAISO expects its resources will be able to meet forecasted demand plus an 18.5% reserve margin for all summer months

CAISO board approves $6.1B transmission plan, with focus on access to clean energy

The California Independent System Operator’s board on Thursday approved a $6.1 billion, 10-year transmission plan that includes projects to deliver offshore wind to customers.

Transmission projects to access clean energy resources total about $4.6 billion and are all in Pacific Gas & Electric’s service territory. Reliability-driven projects total about $1.5 billion.

Two offshore wind-related transmission projects in Northern California — costing an estimated $2.7 billion and $1.4 billion — will be open to competitive bidding. CAISO expects the projects, which include 500-kV transmission lines, will be start operating in the 2034-35 timeframe.

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Source: Utility Dive

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The FERC approved the biggest changes in more than a decade to the way U.S. power lines are planned and funded.

New rules to overhaul electric grids could boost wind and solar power

ederal regulators on Monday approved sweeping changes to how America’s electric grids are planned and funded, in a move that supporters hope could spur thousands of miles of new high-voltage power lines and make it easier to add more wind and solar energy.

The new rule by the Federal Energy Regulatory Commission, which oversees interstate electricity transmission, is the most significant attempt in years to upgrade and expand the country’s creaking electricity network. Experts have warned that there aren’t nearly enough high-voltage power lines being built today, putting the country at greater risk of blackouts from extreme weather while making it harder to shift to renewable sources of energy and cope with rising electricity demand.

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Source: The New York Times

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Solar is the major driver of this energy transition. EIA said that solar will provide 41% more electricity in 2024 than in 2023.

Solar to contribute over 60% of new US electricity generation in 2024

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The U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook report, forecasting that the total electricity generation capacity in the United States will increase 3% in 2024 and 1% in 2025.

“Renewable energy sources—chiefly solar—will supply most of that growth,” said EIA.

Solar, wind, and hydropower in 2023 combined for roughly 21% of electricity generation in the United States. EIA expects this figure to grow to 24% in 2025.

Solar is the major driver of this energy transition. EIA said that solar will provide 41% more electricity in 2024 than in 2023. EIA said the 19 GW of solar capacity added in 2023 and the over 37 GW expected this year account for the large jump in generation. In 2025, total solar generation is expected to grow another 25%.

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Source: PV Magazine

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For the first time in history, solar accounts for over 50% of new electricity capacity added to the grid..

Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

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The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

According to the U.S. Solar Market Insight 2023 Year in Review released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounts for 53% of all new electric generating capacity added to the grid last year. This marks the first time in 80 years that a renewable electricity source has accounted for over 50% of annual capacity additions.

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Source: SEIA

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Solar accounted for most of the capacity the nation added to its electric grids last year. That feat marks the first time since World War II.

Solar hits a renewable energy milestone not seen since WWII

Solar accounted for most of the capacity the nation added to its electric grids last year. That feat marks the first time since World War II, when hydropower was booming, that a renewable power source has comprised more than half of the nation’s energy additions.

“It’s really monumental,” said Shawn Rumery, senior director of research at the Solar Energy Industries Association, or SEIA. The trade group announced the 2023 numbers in a report released today with analytics firm Wood MacKenzie. The 32.4 gigawatts that came online in the United States last year shattered the previous high of 23.6 gigawatts recorded in 2021 and accounted for 53 percent of new capacity. Natural gas was next in line at a distant 18 percent.

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Source: Grist

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