According to a new report from market research and advisory firm Navigant Research, the global market for renewable energy monitoring and control (M&C) of solar PV and wind power assets is expected to reach an estimated $82.9 billion in cumulative revenue between 2019 and 2028, experiencing a compound annual growth rate (CAGR) of 12.5%.
Finland’s LUT University and the Energy Watch Group released the “Global Energy System Based on 100% Renewables. Power, Heat, Transport and Desalination Sectors” study, which simulates a transition to 100% renewable energy of the entire world, structured in nine major regions and 145 sub-regions on an hourly resolution of 5-year time periods from 2015 until 2050. The modelling computes the cost-optimal mix of technologies, based on locally available renewable energy sources.
According to the report, the transition to a global energy system based on 100% renewables can be achieved before 2050 if a strong policy framework is implemented.
The Clean Energy States Alliance (CESA) was selected by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to participate in a collaborative research effort to explore new ways solar energy can improve the affordability, reliability, and resiliency of the nation’s electric grid.
Dubai-based power project developer Access Power announced today the inauguration of the solar power plant in Soroti made up of 32,680 photovoltaic panels. The new 10-megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and businesses in the area.