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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% Investment in solar jumped 29% to $149.6

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Smart Charging Electric Vehicles and the Flexibility Market

Driivz

Then, the “flexibility” is aggregated to critical mass, reducing grid stress and congestion, eliminating the need for expensive grid upgrades, and preventing utilities from having to buy power from other energy providers at high-demand prices. In that case, penalties for overtaxing the grid may be levied. The Role of Smart EV Charging.

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