How Green Energy and Emerging Economies Can Get Along

Emerging economies have an unquestionably daunting job in transitioning to greener and more efficient industries. This transformation, however, will have an impact on employment in fossil-fuel-based power generation, and if not handled from a sociological standpoint, it might have a severe impact on millions of people. Many of these countries are impoverished. These reasons emphasize… Continue reading How Green Energy and Emerging Economies Can Get Along

Geenex Receives Funding for Solar and Storage Systems

Geenex Solar LLC has received additional funding from New Energy Capital, although the specifics of the new transaction have not been revealed. In early 2019, the parties signed their first financial agreement. The proceeds will be used to cover research and operating costs. It is intended to allow Geenex to go forward with its portfolio… Continue reading Geenex Receives Funding for Solar and Storage Systems

Solar Market to Face A 25% Drop this Year

This year’s solar installations are projected to be hampered by logistical issues and price hikes in the solar distribution chain. The development might result in a 25% decline in solar installations, equivalent to 7.4 GW of power. Furthermore, trade policy uncertainties and supply chain bottlenecks are pushing solar price hikes for the second year in… Continue reading Solar Market to Face A 25% Drop this Year

Project Symphony: Australia’s First Virtual Power Plant

The Australian Government has initiated Project Symphony to explore the use of microgrids in the electricity sector of Western Australia. Western Power is leading the $35.5 million initiative, which intends to acquire 500 clients and administer over 900 decentralized energy resources such as rooftop solar, battery packs, and associated devices as a virtual power plant.… Continue reading Project Symphony: Australia’s First Virtual Power Plant

How Governments Can Help Boosts Global Renewable Production

Recognizing the potential of customer-sited solar energy generation, researchers noted that the worldwide rooftop solar and storage sector was mostly unexplored. Falling installation prices provide a significant potential, but policy and tariff layout must allow rooftop solar penetration. For the first time since 2014, the yearly average for┬ásolar rooftop installation prices climbed in the United… Continue reading How Governments Can Help Boosts Global Renewable Production