Lacey@GCS, Author at Green Energy Stocks

FridayJun 21, 2024 9:00 am

Huawei Introduces Revolutionary Green-Energy Solutions

Chinese technology company Huawei has debuted revolutionary renewable-energy solutions with the potential to redefine the global photovoltaic (PV) solar as well as energy-storage sectors. Steven Zheng, president of Huawei’s Utility Smart ESS Business, recently unveiled the renewable energy sector's first ever Cell-to-Grid Smart String & Grid-Forming ESS Platform. Set on accelerating the world's journey to carbon neutrality and providing value to industries and customers, Huawei created the Smart Renewable Energy Generator by integrating energy-storage management technologies, thermal management, digital and power electronics. The company harnessed all the technological advancements it has made in grid forming technologies, energy-storage systems (ESSs) and…

TuesdayJun 18, 2024 10:30 am

Jump in Solar Energy Adoption Facilitated by Distributed Energy Solutions of Correlate Energy Corp. (CIPI)

The United States is on track this year to match 2023’s record-level installation of nearly 40 gigawatts of solar capacity Idaho-based Correlate Energy Corp. is dedicated to the furtherance of renewable energy adoption by the industrial, commercial, and residential market sectors through Correlate’s financial and analytical services Electrical utilities make up the primary sector moving the needle on solar adoption, with Florida and Texas the largest state adopters during the past year The U.S. two-year moratorium on some manufactured solar panel imports has freed up supply chain bottlenecks and eased costs to continue advancing the trend Electric utilities have become…

MondayJun 17, 2024 9:00 am

IEA Says Countries Behind in Meeting Renewable-Energy Goals

A recent International Energy Agency (IEA) analysis has revealed that most nations are lagging in the implementation of their green-energy goals. The analysis warned that despite promising to reduce their reliance on fossil fuels such as coal and natural gas, the majority of countries aren't on track to tripling their clean energy capacity by the end of the decade. With the effects of more than a century of greenhouse-gas emissions becoming clearer by the day, countries must eliminate fossil fuels from their energy mixes and replace them with renewables such as solar and wind. Combining this with green technology such…

FridayJun 14, 2024 9:00 am

California’s Permitting Issues Need Fixes to Progress in Clean-Energy Transition

California will have to fix the issues plaguing its permitting processes before the state's green-energy transition can make major progress. With 28% of California's electricity coming from wind and solar, an increase from 14% in 2015, the Golden State has made major strides in clean-energy generation over the past decade. However, California still isn't getting this renewable energy onto the grid fast enough. The state has a power-generation capacity of 88 gigawatts (GW) and needs to add 7–8 GW of capacity every year over the next two decades to meet its energy transition goals. Unfortunately, the state has averaged a…

ThursdayJun 13, 2024 9:00 am

Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces First Dealership Deal in Market Projected to See Record Sales

Bloomberg analyst projects 2024 EV sales in the U.S. at nearly 2 million units, making up 13% of new-car purchases Mullen subsidiary inks first commercial dealership agreement with LaFontaine Automotive Group Bollinger Motors expects to start delivering the Bollinger B4 later this year While some headlines in the past few months make it seem like the electric vehicle market is in trouble, a recent “Car and Driver” article forecasts that EV sales are just getting started. Mullen Automotive (NASDAQ: MULN), an emerging EV manufacturer, appears to support that projection, with the recent announcement that its subsidiary, Bollinger Motors, has entered a distribution…

WednesdayJun 12, 2024 9:45 am

Energy and Water Development Corp. (EAWD) Offering Realistic Hope for Clean Water Accessibility Globally

Energy and Water Development Corp., a green-tech engineering solutions company focused on delivering water and energy to extreme environments, is aware of the growing impact of climate change and pollution on clean water access As of 2022, at least 2.2 billion people in the world still lacked safely managed drinking water, according to a report by the UN It is further projected that by 2030, only 81% of the world’s population will have access to safe drinking water at home, meaning 1.5 billion people without it EAWD looks to address this through its offering, which has shown the potential to…

WednesdayJun 12, 2024 9:00 am

IEA Says Green Energy Investment to Top $2T This Year

The International Energy Agency (IEA) has revealed that solar energy is attracting more funding than every other source of electricity combined. With photovoltaic solar infrastructure growing incredibly cheap over the last several decades, major territories such as the United States, China and Europe have embarked on a record run of solar installations. The result is historic levels of investment in the renewable source of energy, reports the IEA. In 2024 alone, global investments in renewables will hit a whopping $2 trillion, two times the funds set to be invested in fossil fuels. IEA executive director Faith Birol noted that almost…

MondayJun 10, 2024 9:45 am

Mullen Automotive Inc. (NASDAQ: MULN) Class 3 EV Truck Receives CARB Certification, Joins Class 1 EV Van in Meeting Stringent Emission Standards

CARB certification is awarded to vehicle manufacturers that meet specific emissions standards in compliance with CARB regulations CARB is charged with protecting public from harmful effects of air pollution, developing programs and actions to fight climate change “Having both our Class 1 and Class 3 commercial EVs now CARB and EPA certified will continue to drive sales in all states across America,” says Mullen CEO With environmental concerns becoming an increasing priority, more states, companies, and consumers are paying attention to — and prioritizing — environmentally friendly products and practices. Mullen Automotive (NASDAQ: MULN), an emerging EV manufacturer, shares this commitment to being…

MondayJun 10, 2024 9:00 am

China Commissions Globe’s Largest Solar-Energy Facility

China has commissioned a worldwide, record-setting solar energy plant. The facility has a capacity of 5,000 MW and can generate at least 6,000G Wh annually. This is more than enough to provide the energy needs of entire countries such as Luxembourg. This giant plant is found in Xinjiang, a region known for its desert climate. The power plant sprawls over a land mass equal to 200,000 hectares and was set up by Power China. Before this newest solar plant kicked off its operations, the previous largest pair of solar facilities were also found in China. Each of them produces approximately…

FridayJun 07, 2024 9:00 am

Report Says Wind, Solar Energy Growth in EU Undercutting Fossil Fuels

Recent data has revealed that solar and wind energy growth in the European Union has begun undercutting fossil fuels. A report by think tank Ember found that energy generation from the two renewables has surged by 46% from 2019 to 2023 and eaten into one-fifth of the fossil fuels’ energy market, taking the EU a step closer to achieving its carbon-neutrality goals. Aside from the plan to achieve net neutrality by 2050, the current European Commission also proposed generating 45% of the regional bloc's energy from renewables by the end of the decade. Most climate experts agree that transitioning from…

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Author: Lacey@GCS