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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Strong growth in established markets is combining with rapid acceleration elsewhere to make solar additions higher than ever before.

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Solar to meet half of global electricity demand growth in 2024 and 2025

Baua Electric

Photo: Cypress Creek Renewables Global electricity demand is rising at its fastest rate in two decades, but solar is on course to meet half of demand growth, says the IEA. in 2023, according to the International Energy Agency’s (IEA) newly released “Electricity Mid-Year Update” report. Get started here.

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

Baua Electric

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s.

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Elon Musk says Tesla will resume accepting Bitcoin under one condition

Teslarati

Only buyers in the United States had the capability to purchase a vehicle with Bitcoin, and the option was going to be extended to international customers “later this year,” Musk said. However, the option to purchase a vehicle or solar energy system was short-lived. Elon Musk (@elonmusk) May 13, 2021.

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

Baua Electric

The amount of renewable energy capacity added to energy systems around the world reached almost 510 gigawatts (GW), with solar accounting for 75% of additions, according to the International Energy Agency’s (IEA) latest edition of the annual “Renewables 2023” report released today. Get started here. –ad*

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What Are Zero Emission Day and National Drive Electric Week?

Blink Charging

There are four guidelines to follow: Refrain from using or burning oil, gas or coal. If an EV is charged with electricity that is generated from renewable sources (such as solar, wind, geothermal, or hydroelectric), then there are no fossil fuel emissions associated with that charging or driving process. Watch an EV parade.

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I’ve Done The Math – Now I’m Doing Something About It

Creative Greenius

But our friends in the oil, coal and gas industry have 5,795 gigatons of carbon on the books. E&B, along with their counterparts at Chevron, Exxon/Mobil, BP, Shell et al know internally exactly what The Math says. It’s already figured into their companies value and stock price.