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US renewables’ installed generating capacity beats coal

Baua Electric

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. That’s more than the installed capacity of coal (207.15 of the total. GW) but also hydropower (101.41

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Tesla Megapack battery turns on to replace Hawaii’s last coal plant

Baua Electric

A Tesla Megapack battery system has officially turned on to replace Hawaii’s very last coal power plant. In early 2022, we reported that Tesla is deploying Megapacks at a new energy storage project that will replace Hawaii’s last remaining coal plant. It will enable better use of the state’s increasing renewable energy.

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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

The new findings come from the IEA’s annual update on global energy-related CO2 emissions and the just-released inaugural edition of the IEA’s new series , the Clean Energy Market Monitor, which will track clean energy deployment and broadly outline the implications for global energy markets. Get started here. –

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

Solar and wind account for 95% of the expansion, with renewables overtaking coal to become the largest source of global electricity generation by early 2025. The post Good news – the world has a real chance of achieving its goal of tripling renewables by 2030 appeared first on Bauaelectric Auto News. Get started here. –ad*

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Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’

Electrek

According to the Rainforest Action Network, Dimon either dismissed those questions, punted, or demonstrated an apparent misunderstanding of his bank’s policies. more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek.

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Tesla Megapack project breaks ground, Arizona’s largest project yet

Teslarati

Moreover, while still receiving a significant 43% of its energy from natural gas, other fossil fuels like oil and coal are quickly shrinking in use, representing just over 13% of power generation combined, though nearly all of that share is coal power. If you have news tips, email us at tips@teslarati.com !

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Vedanta secures 11-year INR 3,900 cr loan from PFC – ET Auto

Baua Electric

Meenakshi Energy has a coal-based power plant at Nellore, Andhra Pradesh, which Vedanta will use to supply power to merchants. GW coal-based power plant at Janjgir Champa district. In September, Vedanta announced the demerger of its metals, power, aluminium, and oil and gas businesses to unlock value.

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