The amount of renewable energy powering the US continues to ramp up, driven by wind and solar growth, and closing in on 20 percent of the US’s electric generation. Meanwhile companies continue to make new partnerships that will further expand the use of renewables, like Renault and LG.
The latest 2018 Sustainable Energy in America Factbook from Bloomberg New Energy Finance (BNEF) and the Business Council for Sustainable Energy (BCSE) found that now 18 percent of the electricity in the US comes from renewable energy—that’s up from 15 percent just a year ago. Though the figures include hydropower, BNEF reported that the growth is being driven by growth in wind and solar power. At the same time the costs of electricity in the US, as well as emissions, reached new lows.
French automaker Renault is expanding its efforts to offer energy storage. It recently partnered with the small island of Porto Santo off Portugal and its utility to eliminate the use of fossil fuels on the island. Under the agreement it will become the world’s first “Smart Fossil Free Island.” Renault will give a number of volunteers on the island Renault EVs to drive, which they will charge at a network of stations across the 16 square-mile island. In addition, second-life Renault EV batteries will be used to provide energy storage and grid conditioning on the island to make sure wind and solar power on the island are providing the properly conditioned energy the island needs.
In the US roofing and home solar giant PetersenDean has partnered with SolarEdge and LG to offer LG’s 9.8 kilowatt hour (kWh) lithium ion battery Residential Energy Storage Unit, RESU, and SolarEdge’s StorEdge power optimizing system as part of its home solar offerings. The company said it’s offering the system in response to customer demand. It’s also the latest
In California, the nation’s largest solar market, a new bill would help increase opportunities for the commercial segment of the solar market. The bill would allow existing developed spaces like parking lots, brownfields, office buildings and more to host solar installations for other institutions like businesses, schools and non-profits. It would give those entities with limited space a chance to invest in and utilize solar power on property owners’ lands, even if the property owner can’t use the power.Tweet