Clean energy industry news
Here are some recent news articles and updates from the clean energy industry:
Renewable Energy
- Solar Energy: The cost of solar energy has fallen by 70% over the past decade, making it more competitive with fossil fuels. (Source: BloombergNEF)
- Wind Energy: The US wind industry installed a record 13.2 gigawatts of new capacity in 2020, with wind power now accounting for 6.5% of the country's electricity generation. (Source: American Wind Energy Association)
- Hydrokinetic Energy: A new tidal energy project in Scotland has been launched, which aims to generate enough electricity to power 1,000 homes. (Source: The Guardian)
Electric Vehicles
- EV Sales: Electric vehicle sales reached a record high in 2020, with over 2.2 million units sold worldwide. (Source: International Energy Agency)
- Charging Infrastructure: The US Department of Transportation has announced plans to invest $5 billion in electric vehicle charging infrastructure over the next five years. (Source: The Verge)
- Battery Technology: A new solid-state battery technology has been developed, which promises to increase the range of electric vehicles by up to 50%. (Source: TechCrunch)
Energy Storage
- Grid-Scale Storage: The cost of grid-scale energy storage has fallen by 70% over the past five years, making it more viable for widespread adoption. (Source: Wood Mackenzie)
- Flow Batteries: A new flow battery technology has been developed, which can store energy for up to 12 hours and is suitable for long-duration energy storage applications. (Source: Energy Storage News)
- Compressed Air Energy Storage: A new compressed air energy storage project has been launched in the UK, which aims to store energy for up to 12 hours. (Source: Energy Storage News)
Policy and Regulation
- Climate Change: The European Union has set a target of becoming carbon neutral by 2050, with a plan to reduce greenhouse gas emissions by 55% by 2030. (Source: The Guardian)
- Renewable Portfolio Standards: The US has set a goal of generating 20% of its electricity from renewable sources by 2030, with 15 states having already implemented renewable portfolio standards. (Source: Renewable Energy Policy Network for the 21st Century)
- Carbon Pricing: The UK has introduced a carbon pricing scheme, which will charge companies £18 per ton of CO2 emissions from 2023. (Source: The Guardian)
Corporate News
- Volkswagen: Volkswagen has announced plans to invest €50 billion in electric vehicles and autonomous driving technology over the next five years. (Source: Reuters)
- Tesla: Tesla has announced plans to launch a new electric pickup truck, the Cybertruck, which will have a range of up to 500 miles. (Source: The Verge)
- Shell: Shell has announced plans to invest $1 billion in renewable energy and energy storage over the next five years. (Source: Reuters)
These are just a few examples of the many exciting developments in the clean energy industry. As the industry continues to evolve, we can expect to see even more innovative technologies and business models emerge.