Frank Malir’s Post

Big News in US Renewable Energy! 🌞 According to the latest EIA data, renewables hit 22.7% of US electrical generation in 2023, with solar leading the charge. Small-scale solar saw an outstanding 20.1% growth, making it the fastest-growing source. Check out this Electrek.co article for more on how solar is set to become the second-largest renewable source! https://buff.ly/4cj5izW #CEPRenewables #SolarEnergy #CleanEnergy #RenewableEnergy

A review by the SUN DAY Campaign of the latest FERC data reveals that solar provided 86.8% of all new capacity in Q1 2024, with March alone seeing solar account for 99.7% of new additions. This marks the seventh consecutive month where solar has led U.S. electrical generating capacity additions. In March, 52 solar units delivered 2,833 MW of new capacity, significantly outpacing other sources. For the quarter, solar added 6,497 MW, compared to wind's 928 MW. Solar now represents 8.25% of the total U.S. utility-scale generating capacity, surpassing hydropower. FERC's projections indicate continued growth, with 89,030 MW of new solar expected by 2027, potentially making solar the second largest source of U.S. generating capacity. When combined with wind, renewables could reach 35.73% of total capacity, nearing natural gas levels. With distributed solar not fully accounted for, the actual impact is likely even greater, possibly approaching 20% of total capacity within three years. #solarenergy #renewableenergy #sustainability #cleanenergy #climateaction #solarpower #energytransition #decarbonization

India’s Renewable Energy Triumph: A Comprehensive Overview of Sector-Wise Progress as of December 2023 As of December 2023, India has made significant strides in enhancing its renewable energy (RE) capacity across various sectors. The installed RE capacity has seen a substantial boost, with a cumulative achievement of 133,886.18 MW by the end of the period. In the wind power sector, 2,103.11 MW has been added during the fiscal year 2023-24, contributing to a cumulative capacity of 44,736.24 MW. Solar power has experienced remarkable growth, with an addition of 6,538.15 MW during the same period. The cumulative solar power capacity now stands at an impressive 73.32 GW, comprising 56.92 GW from ground-mounted solar plants, 11.08 […] Read the full story here: https://lnkd.in/dHtj4h-8 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #groundmountedsolar #india #marketupdates #renewableenergy #rooftopsolar #solarenergy #windenergy

A recent review by the SUN DAY Campaign of FERC data reveals that solar energy dominated new capacity additions in the first quarter of 2024, providing 86.8% of the total. ☀ In March alone, solar contributed 99.7% of new capacity, marking the seventh consecutive month it led all energy sources. FERC projects that by April 2027, solar will represent 14.16% of U.S. capacity, outpacing both coal and wind. Renewable energy could approach or surpass natural gas, which currently leads at 40.72%. This growth supports forecasts that solar will dominate new capacity additions in 2024 and beyond! ❗ Check out the article from Solar Power World: https://lnkd.in/gU_wXt4K #SolarEnergy #RenewableEnergy #SolarPowerWorld #SolarCapacity #IndustryGrowth

Great combined progress on renewable installations in 2023 across the US with solar leading the charge and wind lacking in comparison to prior years. The US Energy Information Administration (EIA) reports that 22.7% of generated electricity in the US came from renewable sources in 2023. This is exciting news as utility scale renewable projects continue to expand its footprint and making multiple positive impacts across the country. #Renewables #RenewableEnergy #CleanEnergy #Electricity #Solar #SolarEnergy #EIA #Wind #WindEnergy

Solar and wind just hit a new milestone: for the first time, they accounted for over 50% of new power capacity additions in the U.S. in the first half of 2023, per new data from the Federal Energy Regulatory Commission. This is just the start. Solar alone is forecast to provide 12.6% of total U.S. capacity within 3 years, surpassing wind as the #1 renewable energy source. The message is clear: rapidly transitioning to renewables is achievable with current technologies. As costs fall further, the economic incentives strengthen. Interested in transitioning to commercial solar? Gain Renewables provides turnkey solar solutions tailored to businesses, delivering significant long-term cost savings. Learn more: https://lnkd.in/egCKh-Tj #commercialsolar #solarenergy #solarpower Nancy C. Brian Zivin Ronald Sadkowski Sandy Lagestee

#ClimateCrisis #SolarPower #WindPower #USA #FederalEnergyRegulatoryCommission #FERC "Utility-scale solar and wind are on track to provide 25% of the US’s installed electrical generating capacity within three years, according to newly released FERC data. The Federal Energy Regulatory Commission’s (FERC) latest monthly “Energy Infrastructure Update” (with data through May 31, 2023) reports that wind now accounts for 11.63% of total installed generating capacity, and utility-scale solar provides another 6.86%. Over the next three years – by May 2026 – FERC anticipates “high probability additions” of solar to provide another 80,087 megawatts (MW), while wind is expected to expand by 19,816 MW. Assuming that materializes in three years, wind energy would then account for 12.43% of installed capacity, and utility-scale solar would provide another 12.41%. And that doesn’t even include generating capacity provided by small-scale, distributed solar, such as rooftop solar. Solar and wind’s share of US electrical generating capacity could actually be substantially higher if new capacity exceeds FERC’s forecast of “high probability additions.” The agency indicates that the amount of solar and wind in the three-year pipeline could be nearly three times higher than the total of the “high probability additions.” Solar could add 214,022 MW, while wind could grow by 66,065 MW. What’s more, recent history suggests that solar and wind growth is outpacing FERC’s predictions. A year ago, FERC reported “high-probability additions” for wind and solar within three years of 18,711 MW and 62,835 MW, respectively. FERC’s latest three-year forecast for those sources is now 22.5% higher. There’s already evidence of that prospective growth. For the first five months of 2023, wind and solar accounted for 51.07% of the new capacity additions this year, comprised of 4,460 MW of solar and 2.645 MW of wind. New capacity provided by hydropower (254 MW), geothermal (37 MW), and biomass (29 MW) brought renewables’ combined share of new capacity up to 53.38%. The balance, other than 2 MW from oil, was provided by natural gas." Attn: Maria Bries

India Achieves Staggering 71,145.01 MW Cumulative Solar Power Capacity by July 2023 The Ministry of New & Renewable Energy (MNRE) has released the Programme/Scheme wise Cumulative Physical Progress report for July 2023, shedding light on the achievements in the renewable energy sector for the ongoing fiscal year. In the realm of installed renewable energy capacity, notable strides have been made. Wind Power has witnessed an addition of 1306.95 MW in the current fiscal year, contributing to an impressive cumulative achievement of 43,940.08 MW as of July 31, 2023. Similarly, Solar Power has surged ahead with an increase of 4364.65 MW in the same period, elevating the cumulative achievement to an impressive 71,145.01 […] Read the full story here: https://lnkd.in/dyUc2D-D #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #india #marketupdates #mnre #renewableenergy #solarenergy #windenergy

Iran’s April Renewable Energy Production Hits 1.186 GW Recent official data indicates that Iran produced 1.186 gigawatts of renewable electricity in April. The Renewable Energy and Energy Efficiency Organization, part of the Energy Ministry, revealed that solar power plants dominated this renewable capacity, comprising 58% of the total production. Wind farms followed closely, contributing 31% to the overall renewable capacity during the same period. Small hydropower plants and biomass facilities accounted for 9% and 1% respectively of the total renewable capacity in April. Iran’s current administration aims to elevate the country’s renewable capacity to 10,000 MW. Currently, Iran hosts over 100 large-scale renewable power plants. The Energy Ministry […] Read the full story here: https://lnkd.in/dipcYwCP #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #iran #middleeast #renewableenergy #solarenergy

Wind and solar are now poised to each provide an eighth of the US's installed generating capacity within three years, while all renewables combined will account for over a third. But in light of renewable energy growth rates of recent years, those numbers may very well prove to be an underestimate!