Earlier this month, we heard another announcement of plans for massive spending on renewable energy. This time, the news comes from South Korea, where, we just learned, $43 billion will be spent to build the world’s largest wind power plant. That cash will come mainly from the major South Korean utility companies that I’m sure … Read More
Part of President Biden’s focus during his presidential term will be climate change. And he’s already started to act on this by rejoining the Paris climate agreement. The growth of renewable energy during the last administration was a tepid 9%. But under Biden, the industry could see rapid advancement. He favors renewable energy, likely more … Read More
The prospects for solar and wind energy have never been better. According to the U.S. Energy Information Administration (EIA), new utility-scale solar projects with trackers entering into service in 2022 will have a lower levelized cost of energy (LCOE) than natural-gas-fired power plants (which used to be the cheapest form of power generation). Array Technologies … Read More