New solar-powered generating capacity is growing at a crackling pace in emerging markets. The growth is fuelled by low-priced equipment and innovative new applications that are expanding energy access for millions, Bloomberg New Energy Finance (BNEF) finds in a comprehensive new study of clean energy activity in key developing nations.
Solar jobs and wealth creation in Europe are set to increase to nearly 175,000 full time jobs and 9,500M value added by 2021, according to a new EY report. The EY report also shows that an increase in ambition for the European Union 2030 renewable energy target from 27% to 35% will result in more than 120,000 new solar jobs alone.
With a stronger and more ambitious energy development plan, Thailand’s share of renewable energy in total final energy consumption could surpass its national target by a quarter and reach more than 37 per cent by 2036, according to a new report published by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of Thailand.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) have released the first comprehensive public analysis detailing the potential size of the commercial behind-the-meter battery storage market in the United States. NREL analyzed over 10,000 utility tariffs in 48 states, finding that more than five million of the 18 million commercial customers across the country may be able to cost-effectively reduce their utility bills with battery storage technologies.