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Tripling renewables globally by 2030 is doable, says new IEA report

Baua Electric

[link] A new International Energy Agency (IEA) report roadmaps how it’s feasible to triple renewables and double energy efficiency globally by 2030 “with the right enabling conditions.” The UAE Consensus, as it’s called, includes tripling global renewable energy capacity and doubling the rate of energy efficiency improvements by 2030.

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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. China continues to dominate in global solar capacity installations.

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Hitachi Energy invests a further $4.5B to expand the electricity grid

Baua Electric

billion by 2027 to strengthen the electricity grid and accelerate the clean energy transition. Global tech company Hitachi Energy’s order backlog has more than tripled to over $30 billion since 2020. billion investment announced in April to ramp up global transformer production. Hitachi Energy will invest an additional $4.5

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The British military just bought these off-grid solar EV chargers

Baua Electric

Photo: BEAM Global The British military has placed a $1 million order for San Diego-based Beam Global’s (Nasdaq: BEEM) off-grid solar EV chargers. It’s the first big order for Beam Global’s Europe factory, but it’s already sold “hundreds” of US-manufactured off-grid solar EV chargers to the US military.

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The US installed more solar in Q1 2024 than it did in all of 2018

Baua Electric

Photo: Cypress Creek Renewables In Q1 2024, the US saw the largest quarter of solar manufacturing growth in its history, bringing its total installed capacity to 200 GW. Wood Mackenzie now projects that the US solar industry will install another 40 GW in 2024. A record-setting 11.8 GW in Q1 2024 compared to 15.6 GW in Q4 2023.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Toyota to participate in smart grid pilot project with Duke Energy in Indiana; optimized vehicle charging scheme

Green Car Congress

Toyota Motor Corporation (TMC), in cooperation with Duke Energy and non-profit industry initiative Energy Systems Network (ESN), will participate in a joint smart-grid pilot project in Indiana, the United States. The aim of the project will be power-grid load-equalization and the establishment of an optimized vehicle-charging scheme.

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