Category: Solar Energy

• Solar Energy

20% of U.S. Electricity Supplied by Green Energy

Renewable energy generation accounted for 20.45 percent of total US output, owing to rapid development in solar and wind power. According to recent statistics given by the US EIA office, this occurred during the first three-quarters of 2021. According to the data, solar and wind energy climbed by 24.61 percent and 10.89 percent, respectively, during the first nine months of 2021. The numbers are in comparison to the same time in the previous year. They climbed by 15.00 percent altogether and accounted for more than 12.59 percent of total electricity generation in the country. Furthermore, wind and solar combined currently ...

By Anne Hendrick |  December 11, 2021

• Solar Energy

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 the importance of a global power transfer that decreases inequality, promotes sustainable growth, and offers ...

By Anne Hendrick |  December 6, 2021

• Solar Energy

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 of more than 8 GW of photovoltaic and power storage developments in America’s Southeast and Midwest regions. Geenex Solar is a ...

By Anne Hendrick |  December 6, 2021

• Solar Energy

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 a row. This occurs in both the residential and business sectors. According to a report from U.S. Solar Market ...

By Anne Hendrick |  December 6, 2021

• Solar Energy

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. ...

By Anne Hendrick |  December 6, 2021

• Solar Energy

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 solar rooftop installation prices climbed in the United States. According to experts, President Biden’s solar objectives are challenged by short-...

By Anne Hendrick |  December 2, 2021