Solar power is now ‘cheapest electricity in history’
According to the IEA, the cost of solar is up to 50% less than previously believed and is now well below that for new coal plants and other fossil-based sources.
renewables
Renewables pass fossil fuels as European Union’s biggest source of electricity
Ultimately, this significant shift in electricity generation caused a 23% drop in carbon dioxide emissions, a critical step forward in the fight against climate change.
Renewables generate more than coal in the U.S. for a record 40 straight days
April 2020 was also the first month ever when renewables beat out coal altogether in the U.S.
72% of new energy capacity worldwide came from renewables in 2019
In 2019, nearly three-quarters of all new energy sources were renewable, the most ever since data collection began in 2001, according to a new report from the International Renewable Energy Agency (IRENA).
Chinese company to invest $2.5b in world’s largest solar panel factory
To be completed in several phases, the facility once fully completed will be able to produce 60 gigawatts (GW) of solar panels every year, which likely equates to well over 150 million panels.