Oil Consumption Growth Trends in China, India, & USA — Is 2025 Forecast Accurate?

Credit to Author: Zachary Shahan| Date: Thu, 19 Dec 2024 18:06:31 +0000

The US Energy Information Administration put out an interesting article today. The headline focused on growth of oil consumption in India compared to China — “India to surpass China as the top source of global oil consumption growth in 2024 and 2025.” I sat looking at the chart for several … [continued]

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EV Model Year 2024 Efficiency Ranges From 53 To 140 MPGe

Credit to Author: Cynthia Shahan| Date: Tue, 17 Dec 2024 01:11:46 +0000

Due to cost reductions, efficiency, and new technology, many people are being brought into the electric vehicle stream. One can improve ecological issues while cutting their energy bills in multiple ways nowadays. Some begin with a few solar panels, then add more, and then add one or two battery storage … [continued]

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Europe Expected to Add 110 Gigawatts of Solar Next Year!

Credit to Author: Zachary Shahan| Date: Sat, 14 Dec 2024 03:08:15 +0000

The solar power market in Europe just continues to grow and grow and grow. And not by a little bit. According to S&P Global Commodity Insights, and particularly solar market analyst Liam Coman, 56 gigawatts (GW) of solar power capacity were installed in Europe in 2023, approximately 95 GW are … [continued]

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New Report Establishes Baseline for Clean Energy Deployment in Energy Communities

Credit to Author: Cynthia Shahan| Date: Fri, 13 Dec 2024 23:17:57 +0000

For the first time, the Inflation Reduction Act of 2022 included place-based federal tax incentives for projects located in “Energy Communities,” which might alter the economic equation of where projects should be located. Storage projects may be eligible for a 10-point increase in the Investment Tax Credit (e.g., from 30% … [continued]

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Residential Energy Storage Installations Hit All-Time High in USA

Credit to Author: Cynthia Shahan| Date: Fri, 13 Dec 2024 03:58:10 +0000

It seems like yesterday that Ron Corio told me at a lunch with engineers that energy storage will be the next big thing since solar power. It was years ago. Well, development happened quickly, time went by, and now it’s here to stay. Residential energy storage installations just hit an … [continued]

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EV Sales Report: LatAm’s Laggards & Smaller Markets (Argentina, Peru, Ecuador, Panama, & El Salvador)

Credit to Author: Juan Diego Celemín Mojica| Date: Thu, 12 Dec 2024 22:50:32 +0000

Whilst Latin America’s largest vehicle markets have been undergoing significant EV growth (we can already predict Brazil’s plug-in market share will surpass 5% in 2024 and Mexico’s will be above 2%) and several minor markets are showing meteoric growth (Costa Rica, Uruguay, and Colombia), this does not mean the entire … [continued]

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Floating Solar Power To Rise To 77 Gigawatts By 2033

Credit to Author: Zachary Shahan| Date: Thu, 12 Dec 2024 04:36:39 +0000

Floating solar power has been one of the most interesting and fast-growing trends in the solar industry in the past several years, and especially the past couple of years. Going from an obscure, niche idea to a more and more common solution at larger and larger scale, floating solar power … [continued]

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Clean Power Capacity Installations Up 86% In 2024 In USA

Credit to Author: Zachary Shahan| Date: Wed, 11 Dec 2024 21:37:36 +0000

The American Clean Power Association (ACP) has released a report on clean energy growth in the US in 2024. The report highlights a surge in deployment in the 3rd quarter — 10.2 gigawatts (GW) of new clean energy capacity. “This record-setting quarter positions the industry to achieve a historic year … [continued]

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India Solar Power Installations Growing 106% in 2024

Credit to Author: Zachary Shahan| Date: Wed, 11 Dec 2024 16:44:54 +0000

India continues to be a solar and wind powerhouse, no pun intended. In fact, its solar power installations have absolutely soared this year. Compared to the first three quarters of 2023, newly installed solar power capacity in the first three quarters of 2024 was up 106%. New wind power capacity … [continued]

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Tesla 2nd Highest Selling Automaker in California

Credit to Author: Zachary Shahan| Date: Tue, 10 Dec 2024 21:10:20 +0000

I published earlier today about the top selling electric vehicle models in California. For a thorough exploration into those, see that article. Below I’m taking a broader look and examining auto brand sales and the EV share of the overall market. To kick off, it’s certainly highly notable that 22.2% … [continued]

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