solar
Oct 31, 2024
Global Solar Energy Capacity Surges Amidst Technological Advancements and Policy Support
The global solar energy sector is experiencing unprecedented growth, driven by technological innovations, favorable policies, and significant investments, positioning solar power as a cornerstone of the global transition to renewable energy.
The solar energy industry worldwide is witnessing remarkable expansion, propelled by continuous technological advancements and supportive governmental policies. Innovations such as perovskite–silicon tandem cells are enhancing solar panel efficiency, potentially increasing power output by over 20% compared to traditional silicon cells. Concurrently, substantial investments are being channeled into large-scale solar projects and infrastructure development. For instance, the U.S. Department of the Interior’s recent approval of the Greenlink West transmission line in Nevada is set to unlock 4 GW of solar capacity, underscoring the nation’s commitment to expanding renewable energy infrastructure. Globally, countries are accelerating solar installations to meet climate goals, with China on track to surpass its 2030 target of 1,200 GW of utility-scale solar and wind power capacity ahead of schedule. This global momentum reflects a collective effort to transition towards sustainable energy sources, with solar power playing a pivotal role in reducing carbon emissions and combating climate change. Read more.
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Solar
May 22, 2025
House Republicans Pass Bill Slashing Clean Energy Tax Credits, Threatening U.S. Climate Goals
A new House bill rolls back key renewable energy tax credits, jeopardizing U.S. solar, wind, and nuclear progress while sparking market turmoil and climate concerns.
Solar
May 20, 2025
U.S. Renewable Energy Sector Faces Policy Uncertainty
A Republican-led proposal in Congress could roll back clean energy tax credits from the Inflation Reduction Act, endangering over 250 renewable energy manufacturing projects and more than half a million jobs.