The cost of a modern solar photovoltaic module has dropped to one percent of its cost four decades ago, making renewable energy technology rather favorable. While this is a fact, it raises the question of “why?” New findings by MIT have gleaned the...
If you already associate Costa Rica with renewable energy, you won’t be surprised to know that just this year, the whole country went 300 days using only renewable energy, setting a new record. After previously setting a record for the most consecutive days using...
With renewable energy usage on the rise across the globe, a new industry has sprouted and continues to evolve as new needs and developments take place. As such, with such a wide variety of options of renewable energy, like wind power, solar power, and hydropower,...
The U.S. Energy Information Administration reports that as of 2015, more than 23 percent of the world’s energy came from renewable sources. That number is expected to rise to more than 32 percent by 2050. Solar power is one of the more common sources of...
Renewable energy sources, such as solar and wind, have steadily come down in price. This has helped them take a larger bite of market share. In fact, they are considered established enough that many governments are withdrawing subsidies and other programs intended to...
