Tag "solar power"

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Solar energy ‘like light from heaven’ for rural Nicaragua

For most of her life Dina Leiba got up in the dark, and went to bed in the dark. If she needed to get up to look after a sick child, she reached for a torch – if she had

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Global solar investments topped US$160.8 billion in 2017

Bloomberg New Energy Finance (BNEF) has reported that global solar investments topped US$160.8 billion in 2017, an 18% increase over the previous year and importantly, despite capital costs declining around 25%. Not surprisingly, China led to the investment, accounting for

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Trump’s first major trade fight with China could be over solar panels

With President Trump vowing to get tougher on trade, troubled American makers of everything from steel tubing and aluminum foil to washing machines have lined up to ask Washington for protection from foreign rivals. But Mr. Trump’s first big international

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Why there are twice as many solar jobs as coal jobs

The past decade has seen a revolution in residential solar systems. Cheap panels and creative financing options have led to a massive increase in solar installations– and that increase is driving an employment boom. At the same time, the coal

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94,000 new solar jobs in Europe by 2021

After years of uncertainty, a new EY report confirms that the European solar industry is back on track. The report shows that with the right policies for solar in Europe, we could see exponential growth in terms of jobs and

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China building second enormous floating solar farm on top of defunct coal mine

An old coal mine is being reborn as an enormous renewable energy plant. The state-run energy company China Three Gorges New Energy Co. is building a 150-megawatt floating solar farm that sits on top of a lake that formed from

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EDF launches 30GW solar plan

French energy giant, EDF has announced a 30 GW solar energy plan that is expected to be developed exclusively in France. Ceo, Jean-Bernard Lévy said in a press release that the plan will be implemented between 2020 and 2035 by

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Ten facts about solar energy that might surprise you

After decades of development and political debate about solar energy, the industry is finally ready to stand on its own. Solar power projects around the world are beating fossil fuels on price without subsidies, and each time they do, the

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At least 40% of the world’s power will come from renewable sources by 2040

The explosive growth of renewable energy has shaken up the energy industry over the last decade. As the costs of solar and wind continue to fall and bottlenecks like storage capacity are diminished, the International Energy Agency predicts that renewable

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Global energy storage to double 6 times by 2030

The energy storage industry is set to rise dramatically – for those companies that can play the long game. Bloomberg New Energy Finance released a report that forecasts the global energy storage market will “double six times” from now to

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