Not only is transitioning to 100% renewable energy possible, but the benefits far outweigh the costs and obstacles.
Instead of thinking in old world terms like Operational and Business support applications and systems, the era of Digital Support Systems powered by Smart Data has arrived. Achieving profitable transformation and commercial success depends on providing the right answers.
Asia tops the list for the continent that would need to designate the largest space to power its biggest cities by solar. Cities in Asia place in at seven different spaces in the top 10, where the largest amount of space is required.
Looking at current market demand for renewable electricity documented with Guarantees of Origin in Europe 2017, customer demand is showing impressive signs, with Q2 numbers surging well above comparable figures for 2016, growing a staggering 39%.
As we transition into a greener economy increasingly fueled by hydrogen, fuel cell solutions for backup and power-on-demand are overcoming the significant weaknesses of other clean technologies such as solar and wind.
Not only does this technology represent an opportunity to hugely reduce our greenhouse gas emissions, but it could also be used to achieve an enormous amount of social good too.
The drivers of growth are threefold: price parity with traditional energy sources, a greener footprint, and a government push towards cleaner energy.
In sustainability terms, RMI estimates that electrification and deployment of renewables in the mining industry could reduce up to a gigaton of carbon emissions from the sector.
Solar Energy Index Outperforms S&P in Q2 2017
Industrial biotechnology has diversified and demonstrated the ability to impact more than just biofuels and bioplastics. The industry is producing renewable chemicals as direct replacements for petrochemicals in food, cosmetics, and personal care. The result is sustainable consumer products with new attributes and qualities that people use on a daily basis.
Looking forward, energy efficiency employers project the highest growth rate over the next 12 months (about 9 percent) while the [fossil] fuels sector reported it expects a decline in employment of about 3 percent over the same time period.
In March, renewables provided 21.6 percent of the nation's net electricity generation compared to nuclear's 20.34 percent. In April, that lead jumped to 22.98 percent compared to 19.19 percent from nuclear.
Hawaii's PUC allowed the utilities to end their popular net metering programs and replace them with the Customer Self Supply program. The CSS program requires zero exportation of self-generated power back to the grid, which can most-efficiently be accomplished by integrating battery storage into the system.
This year's forecast from BNEF sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030
Utility-scale solar prices fall below $1/watt for first time; capacity expected to triple over next five years.
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The Darfon G320 is the microinverter solution for today's high-power solar modules. The G320 handles 60- and 72-cell modules up to 350W DC and outputs up to 300W AC. The G320's 3-phase configuration accommodates the electrical distribution systems of most commercial buildings and to reduce, if not eliminate, the need for expensive transformers. The G320 comes in four voltage/phase configurations, so it can be installed in residential, commercial or utility applications.