The world has recently been moving to achieving its solar energy goals in recent times, realizing that with lower Solar PV manufacturing costs and innovations in renewables technologies, some countries have been finding it more realistic to achieve their green index goals across the board.
According to the Renewable Energy World news portal: Germany has announced that it can meet native targets set for the Paris Climate Agreement by achieving 100% renewable energy by the year 2030, a new study claims.
It was found that switching completely to renewable energy across all industries was not urgently needed to limit the existing effects of global warming. However, it was noted that this approach was also the most economically viable for the current situation.
Meanwhile, in the United states of America - The current administration outlined an ambitious plan for wind and solar energy to provide the majority of US electricity (by up to 90% of the total output) by the year 2050.
America’s Department of Energy's Solar Futures Study is a new plan that demonstrates how the U.S would reach the milestone in the current government’s quest for a zero-carbon grid. The study calls for the U.S. to install an average of 30 GW of solar capacity per year between now and 2025, then 60 GW per year from 2025. The remainder of the renewable energy diversification under the new plan would be wind, nuclear, hydroelectric and geothermal.
This is welcome news for the renewable energy providers worldwide, and their supporting industries. Energy demand continues to increase with national lockdowns carrying on for longer than initially expected to cope with the current global pandemic.