From low costs to expanding in to new markets, solar power in on the rise. Both Facebook and Anheuser-Busch (AB) announced last week that they’ll be fully renewably powered in the US by 2021. Colorado’s Governor also introduced a roadmap to 100% renewable energy powered by 2040.
Facebook is already getting 75% of its energy from renewable sources. With a newly announced 122 megawatt (MW) solar power farm in Utah and other projects coming online in the next year, the IT giant announced that it will reach 100% renewable energy in 2020.
Similarly, AB, the largest brewing company in the world, which makes Budweiser and other beers in the US and around the world, announced that by 2021 all of its operations in the US will be powered by wind and solar power. The company signed a contract for the power from a new, 222 MW solar farm being built in Texas.
Colorado became the latest state to make the move to 100% renewable energy. Colorado Gov. Jared Polis (D) signed seven clean energy bills into law and introduced a roadmap that will move the state to 100% renewable energy by 2040. The new laws will update the state’s energy commission, increase community solar projects, support electric vehicle infrastructure and more.
The latest report from the Smart Electric Power Alliance (SEPA) shows that solar power is continuing to grow across the US and taking hold in new markets. Not just those like California and North Carolina. But, as with the new solar farm in Texas, it’s taking hold in states like that and others like Florida.
A new policy in Michigan will help expand solar power in that state, too. Much of Michigan’s farmland is in the Michigan Farmland and Open Space Preservation program, PA 116, which helps preserve agricultural lands as farms through tax incentives. But until now solar farms weren’t allowed on them. The new policy change was made by Gov. Gretchen Whitmer (D) and the Michigan Department of Agriculture and Rural Development. It opens up potentially 3.4 million acres of land to solar projects that meet certain requirements, while also allowing the farmland to stay in the preservation program with certain concessions.
Wind and solar power are already cost competitive with most fossil fuel plants. But the latest report from the International Renewable Energy Agency found that wind and solar power will be cheaper than fossil fuels in 2020.Tweet