article thumbnail

China’s solar is now at twice the capacity of its coal power – report

Electrek

Solar is growing at 33.7% year-on-year and is now at twice the capacity of coal power in China, according to a new report. more… The post China’s solar is now at twice the capacity of its coal power – report appeared first on Electrek.

Coal 141
article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Electrek

Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study.

Asia 145
article thumbnail

Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
article thumbnail

US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

Cleaner 162
article thumbnail

Florida Power & Light blows up its last coal plant, will replace with solar

Electrek

Florida Power & Light (FPL) yesterday demolished its last coal-fired plant, the Indiantown Cogeneration Plant in Martin County, east of the Everglades. And right before the plant imploded, FPL CEO Eric Silagy announced that the utility will build a solar center near the site.

Florida 145
article thumbnail

US solar and wind expected to reduce coal and natural gas generation to 2025

Electrek

Increased US power generation from mostly wind and solar will reduce generation from both coal and natural gas power plants in 2023 and 2024, according to the US Energy Information Administration’s (EIA’s) “ Short-Term Energy Outlook.”

Coal 130
article thumbnail

In a first, renewables beat coal in the US power sector in 2022

Electrek

For the first time ever, renewable power generation – that’s wind, solar, hydro, biomass, and geothermal – exceeded coal-fired generation in the US electric power sector in 2022, according to the US Energy Information Administration (EIA).

Coal 145