WednesdayJun 12, 2024 9:00 am

IEA Says Green Energy Investment to Top $2T This Year

The International Energy Agency (IEA) has revealed that solar energy is attracting more funding than every other source of electricity combined. With photovoltaic solar infrastructure growing incredibly cheap over the last several decades, major territories such as the United States, China and Europe have embarked on a record run of solar installations. The result is historic levels of investment in the renewable source of energy, reports the IEA. In 2024 alone, global investments in renewables will hit a whopping $2 trillion, two times the funds set to be invested in fossil fuels. IEA executive director Faith Birol noted that almost…

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MondayJun 10, 2024 9:45 am

Mullen Automotive Inc. (NASDAQ: MULN) Class 3 EV Truck Receives CARB Certification, Joins Class 1 EV Van in Meeting Stringent Emission Standards

CARB certification is awarded to vehicle manufacturers that meet specific emissions standards in compliance with CARB regulations CARB is charged with protecting public from harmful effects of air pollution, developing programs and actions to fight climate change “Having both our Class 1 and Class 3 commercial EVs now CARB and EPA certified will continue to drive sales in all states across America,” says Mullen CEO With environmental concerns becoming an increasing priority, more states, companies, and consumers are paying attention to — and prioritizing — environmentally friendly products and practices. Mullen Automotive (NASDAQ: MULN), an emerging EV manufacturer, shares this commitment to being…

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MondayJun 10, 2024 9:00 am

China Commissions Globe’s Largest Solar-Energy Facility

China has commissioned a worldwide, record-setting solar energy plant. The facility has a capacity of 5,000 MW and can generate at least 6,000G Wh annually. This is more than enough to provide the energy needs of entire countries such as  Luxembourg. This giant plant is found in Xinjiang, a region known for its desert climate. The power plant sprawls over a land mass equal to 200,000 hectares and was set up by Power China. Before this newest solar plant kicked off its operations, the previous largest pair of solar facilities were also found in China. Each of them produces approximately…

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FridayJun 07, 2024 9:00 am

Report Says Wind, Solar Energy Growth in EU Undercutting Fossil Fuels

Recent data has revealed that solar and wind energy growth in the European Union has begun undercutting fossil fuels. A report by think tank Ember found that energy generation from the two renewables has surged by 46% from 2019 to 2023 and eaten into one-fifth of the fossil fuels’ energy market, taking the EU a step closer to achieving its carbon-neutrality goals. Aside from the plan to achieve net neutrality by 2050, the current European Commission also proposed generating 45% of the regional bloc's energy from renewables by the end of the decade. Most climate experts agree that transitioning from…

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WednesdayJun 05, 2024 9:00 am

Disused Mining Equipment Could Gain New Life in Solar Installations

An energy company based in the Czech Republic is granting disused mining equipment a second life in new solar installations. ČEZ Group, a conglomerate of nearly 100 companies, has begun testing whether parts removed from strip coal mine conveyor belts could support the construction of photovoltaic solar power plants. Central sections extracted from old conveyor belts in coal mines are being recycled into structures to carry the solar-energy panels. These central sections typically transport excavated soil from one area to another, a relatively mundane but critical activity in the coal-mining pipeline. Although the mines they served are now discounted, the…

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MondayJun 03, 2024 9:00 am

Study Suggests Understanding Plants’ Circadian Rhythms Could Yield Clean Energy Source

Gaining an understanding of the circadian rhythms of plants could open the door to developing a new type of clean energy, a study suggests. The research shows that we could harness the electric potential or voltage that plants create when they draw water through their roots by learning their biological clocks. Using this electric potential could lead to the creation of a new renewable energy source. Every living organism is subject to a circadian rhythm, or biological clock, that determines its biological processes through the day and night in cycles. Plants use light from the sun to conduct photosynthesis and…

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FridayMay 31, 2024 10:30 am

Correlate Energy Corp. (CIPI) Partners with Energetic Capital to Help Underserved Communities Reduce Obstacles to Green Energy Adoption

The federal government’s Inflation Reduction Act of 2022 continues finding ways to fund green energy infrastructure improvements, including its recent announcement of $7 billion in Solar for All awards through the Environmental Protection Agency (“EPA”) Distributed energy solutions developer Correlate Energy Corp. is strategically working with partners to help clients facilitate green energy transition and improvements Correlate recently announced it is partnering with Energetic Capital to help make federal funding for distributed energy projects more accessible to low-income and traditionally underserved communities — entering a largely untapped market Energetic Capital is a stakeholder in GreenieRE, a non-profit insurance company with…

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FridayMay 31, 2024 9:00 am

The US Paradoxically Leading, Trailing in Green-Energy Shift Race

The United States is leading the charge in the global transition to renewables such as solar and wind, but the country is still struggling to rein in its massive carbon-dioxide emissions. With green-energy costs falling significantly during the past decade, America's share of photovoltaic solar electricity has increased from 1% to 6% from 2015 to date, putting it second behind China in solar generation. Wind-energy generation in the U.S. has also seen similar growth, increasing from 5% in 2015 to 10% in 2023. This adds up to 16% of America's energy coming from renewables, a massive feat considering the U.S.…

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ThursdayMay 30, 2024 11:15 am

Energy and Water Development Corp. (EAWD) At the Forefront of Offering Technological Solutions that Provide Clean Water and Energy

Energy and Water Development, a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is looking to tap into an industry projected to hit $74.64 billion in valuation by 2030 The company is looking to collaborate with green tech research and development centers in Europe, ultimately growing its presence in the region and carving out a market share Going forward, the company expects to outsource green tech platforms to commercialize its technology, in addition to pursuing growth of its intellectual property, not only through research but also through patent applications Energy and Water Development (OTCQB: EAWD),…

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WednesdayMay 29, 2024 9:00 am

Study Shows How Hybrid Green Energy Can Be Optimized for Off-Grid Locations

A recent study has found that hybrid-renewable-energy system (HRES) configurations can be optimized to serve off-grid locations more efficiently. Published in the “Scientific Reports Journal”  the research involved a robust analysis of different HRES configurations designed to generate energy for rural Ethiopian communities; research findings could be applied to similar off-grid locations. Researchers used the most-advanced optimization techniques to figure out optimal means of sizing and integrating green-energy sources such as wind, pumped hydroenergy storage (PHES) and solar photovoltaic (PV) to off-grid locations to ensure they can reliably deliver affordable electricity. As such locations have minimal to zero connection to…

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