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Fossil fuel market is flat in the face of renewable energy growth

Renewable Energy is Smashing Records and Crushing Fossil Fuels

This is another record-breaking year for renewable energy.  In both the developed and developing world renewables are growing at a faster rate than ever before. In 2015, for the first time ever, renewable energy accounted for more than half of new power generation worldwide. Last year, we saw more investment capital being funneled into renewables than ever before and more…

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Renewable energy generation smashes through records for the first quarter of 2016

Waiting in the Wings: U.S. Generation from Renewable Energy Sets First Quarter Record

Renewable energy sources provide almost 17 percent of total electricity generation Non-hydro renewable generation up 23 percent over 1st quarter 2015 Wind and solar energy generation increase 32 percent Wind surpasses six percent of total; solar tops one percent Coal-fired power generation plunges 24.2 percent The latest Electric Power Monthly report released late last month by the U.S. Energy Information Administration (EIA) reveals…

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New generating capacity in the US continues to outpace gas and other fossil fuels

New U.S. Capacity from Renewable Sources Far Outpace Natural Gas

The first quarter of 2016 is one of lopsided records. First there are the monthly temperature records, with February the most unusually warm on record followed by March, with yet a new record deviation. In the midst of these increasingly worrisome records is another, offering hope that the response to these changing climate patterns is underway. The latest “Energy Infrastructure Update” report…

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Lockheed Latest Major U.S. Corp. to Sign Duke Energy Solar PPA

Duke Energy’s solar power business is on a roll. Duke Energy Renewables on Feb. 2 announced a new solar power agreement with Lockheed Martin that will meet all the latter’s domestic energy needs.

The new energy economy is growing exponentially

We are in the Midst of an Energy Revolution

As the future for renewable energy continues to get brighter, the prospects for fossil fuel are looking increasingly grim. Financial markets are reflecting the growing value of renewables and coming to terms with the declining value of fossil fuels. Almost a dozen stock exchanges around the world now require sustainability risk disclosure from listed companies. A total of 2.6 trillion has been diverted from fossil fuels to date. Cities, investors…

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Duke Invests to Acquire 20MW of Solar Power in Indiana

Duke Energy has sealed deals with two renewables project developers to purchase the electricity to be generated from four new solar power projects in Indiana.

Renewable Energy and Efficiency in Southern Med and Eurasian Nations

A new research report from the IEA reveals the challenges holding back investment in and deployment of renewable energy and energy efficiency technologies across southern Mediterranean nations and aspiring EU member nations in Eurasia.