Infographic: Wind and Solar Shares 5 Year Outlook, Study Forecasts 169% Price Gains
Wind and solar stocks expected to grow 169% by 2025 Fastest growing sector 80% of Germans expect growing importance of wind and solar energy By 2025, publicly traded companies from the solar and wind energy sectors could boast share price gains of up to 169%. This emerges from the findings of a new infographic from Kryptoszene.de. According to the results of the study, this could even be the biggest growth industry. In contrast to the renewable energy sector, the value of the inte...
Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost
Competitive power generation costs make investment in renewables highly attractive as countries target economic recovery from COVID-19, new IRENA report finds Abu Dhabi, United Arab Emirates — Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published today finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achiev...
COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide
To meet the Sustainable Development Goals (SDGs) targets by 2030, countries must safeguard the gains already attained and accelerate efforts to achieve affordable, reliable, sustainable and modern energy for all. WASHINGTON — Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, reveals the new Tracking SDG 7: The Energy Progress...
Envision Solar Opens New International Market with First Canadian Order
SAN DIEGO - Envision Solar International, Inc., (Nasdaq: EVSI, EVSIW) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media today announced the first Canadian order for the Company’s EV ARC™ solar-powered charging infrastructure product, expanding global reach. EV ARC™ units are already deployed in the U.S., Brazil, Spain and The Caribbean. “Canada is the 10th fastest electr...
Wärtsilä and Vantaa Energy Ltd. to cooperate on a carbon neutral synthetic biogas production project in Finland
The technology group Wärtsilä and Vantaa Energy Ltd., a Finnish energy company, have signed an agreement on a joint concept feasibility study for a Power-to-Gas facility at Vantaa Energy’s waste-to-energy -plant in the city of Vantaa in the capital region. The co-development agreement was signed in May and is valid for 12 months. The Power-to-Gas facility would produce carbon-neutral synthetic biogas using carbon dioxide emissions and electricity generated at the waste-to-energy plant. The pu...
COVID-19 Erases Five Years of Solar Job Growth
WASHINGTON, D.C. – New analysis shows that the U.S. solar industry will employ 114,000 fewer workers by June 2020, compared with previous forecasts that projected the industry would employ 302,000 Americans over the same time period. With an expected workforce of 188,000 people, this job loss will take the industry back to 2014 levels as a result of the COVID-19 crisis. Last week the U.S. government reported another 3 million unemployment claims. The solar industry is now losing jobs at a fas...
REC Solar and DHX-Dependable Hawaiian Express announce completion of solar microgrid project
Completion of first project phase provides reliability, savings and more to leading Hawaiian-based freight hauler New microgrid system combines solar and battery storage for a zero-emissions energy system with a backup power supply CHARLOTTE, N.C. –Today, DHX – Dependable Hawaiian Express (DHX)– and REC Solar, an unregulated affiliate of Duke Energy, announce the completion of a solar microgrid solution designed to bring reliability, savings, zero-emissions generation and more to the le...
New Guidance on Electrical Transmission Poles Offered in Updated ASCE Standard 48
Reston, Va. – Providing a uniform basis for the design, detailing, fabrication, testing, assembly, and erection of steel tubular structures for electrical transmission poles, this updated standard, Design of Steel Transmission Pole Structures (ASCE/SEI 48-19), applies to cold-formed single- and multipole tubular steel structures that support overhead transmission lines. The design parameters are applicable to guyed and self-supporting structures using a variety of foundations, including concrete...
Wärtsilä gas engines to burn 100% hydrogen
The technology group Wärtsilä is developing the combustion process in its gas engines to enable them to burn 100% hydrogen fuel.Wärtsilä has researched hydrogen as a fuel for 20 years, and has tested its engines with blends of up to 60% hydrogen and 40% natural gas. This development is part of the company’s strategy to future-proof its engine technology in line with the global trend towards decarbonisation of the energy and marine markets. In addition to hydrogen, other potential renewable fuels...
City of Richmond, California Deploys Envision’s Solar-Powered EV ARC™ for Public EV Charging
SAN DIEGO - Envision Solar International, Inc., (Nasdaq: EVSI, EVSIW) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announced that the City of Richmond in California has deployed the Company’s EV ARC™ 2020 solar-powered EV charging infrastructure product at Marina Bay Park. Purchased through the California State Contract #1-18-61-16, the addition of the amenity to the...