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Decline in cost of renewables hits fossil fuels

The deep decline in the cost of renewables has led to deteriorating economics for generating electricity from fossil fuels, with wind and solar expected to be cheaper than coal by 2023.  In a report from Bloomberg New Energy Finance on the levelized cost of energy, Elena Giannakopoulou, head of Read More...

Businesses buying renewable power at record pace

A total of 36 businesses, government agencies, and universities have agreed to purchase 3.3 gigawatts of wind and solar power so far this year, setting a pace that could shatter the previous high of 4.8 gigawatts of deals for all of 2017. Of these 2018 deals, 76% involve U.S. power projects.While la Read More...

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