Energy Update
India's rooftop solar market is booming.
India added 521 MW of rooftop solar capacity in the second quarter of 2021, representing an increase of 53% from the previous quarter and 517% year-over-year growth.
While PPA prices are trending upward, LevelTen doesn't expect demand to soften. According to a survey by the firm, only 12% of solar developers are responding to supply chain pressures by delaying projects.
The projects are expected to reduce greenhouse gas emissions by 77 million metric tons over the next 15 years.
The 227-megawatt Muscle Shoals solar farm has been completed in Alabama.
Rhodium Group estimates that the initial policies outlined in the infrastructure and reconciliation plans, though subject to change, would be equivalent to removing the annual emissions from all light-duty vehicles in America or zeroing out net annual emissions from Texas and Florida combined.
Ørsted has reached a 10-year, 100-megawatt power purchase agreement with European retail giant REWE Group for renewable energy from a future German offshore wind farm.
Boise, Idaho will reach its goal of 100% clean electricity by 2033, years ahead of the target, according to Mayor Laren McLean. President Biden visited Boise this week to highlight the urgent need to address climate change.
The National Renewable Energy Laboratory (NREL), a US Department of Energy national lab, has released a new report discussing the five conditions that can lead to an increase in energy storage deployment across South Asia.
The conditions include:
As a result of an increase in electric vehicle use across Britain, electricity demand from the transport sector will increase by 31 times by 2040 from the current levels, according to a new report released by research firm Cornwall Insights.
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