In March, an analysis of more than 7000 global storage projects by Bloomberg New Energy Finance reported that the cost of utility-scale lithium-ion batteries had fallen by 76% since 2012, and by 35% in just […]
Early January, we had a post about BNEF’s report which said that global solar PV installations reached 109GW in 2018. According to Institute for Energy Economics and Financial Analysis news, renewable energy will march forward […]
Bloomberg New Energy Finance (BNEF) as the New York-based financial data and media company, estimated that the 2021 year will be another brilliant year for solar installation. BNEF’s analysts have made extremely optimistic predictions for […]
Mini-grids can become the main source of providing sustainable electricity to rural areas that are scattered across the land in different places. And according to the new “State of the Global Mini-grids Market Report 2020,” […]
What is Green Hydrogen and how is it affecting our march towards a low carbon future? In this article we will explore hydrogen as a fuel of the future. Let’s start with Hydrogen as an […]
The cumulative capacity of renewables accounted for almost two-fifths of the total power generation capacity of the world in 2019. This cumulative capacity reached 2455 GW in 2019 with the shares of solar, wind, and […]
The 2019 added capacity for all types of power generation technologies reached 265 GW, where the share of solar power was much bigger than other technologies. Solar power technology is constituent of 45% of new […]
The Levelized Cost of Electricity (LCOE) of utility-scale solar PV and onshore wind have dropped down so extremely that they become the cheapest new-build power generation source for two-thirds of the world population, now. Those […]
Renewable energy capacity addition was doubled in the world from 2010 through 2019. Although renewable energy addition charts of the International Renewable Energy Agency (IRENA) showed a negligible drop in 2019 renewable added capacity, 176 […]
In 2019, the coal-fired electricity generation dropped 3% down which resulted in a 2% fall in carbon dioxide emissions. Among giant producers of carbon dioxide, the U.S. and Europe have halved their coal electricity generation […]
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