EIA

An estimated 15.4GW of utility-scale solar capacity is forecast to be added to the grid in the new year, surpassing the 12GW increase in 2020

The average energy capacity cost of rapidly decreased from $2,152/kWh in 2015 to $625/kWh three years later

The Energy Information Administration reveals natural gas production rose by 10%, reaching a record high average of 93.1 billion cubic feet per day

In April, carbon dioxide emissions from petroleum and coal consumption fell to their record low, according to a report

The project is expected to have an annual energy production of 200,000MWh, which will result in an annual offset of 106,000 tonnes of carbon dioxide

In 2019, electricity generation from coal fell to its lowest level in 42 years, according to a new report

In 2019, renewable generation in the US exceeded that of coal for 38 days, according to a new report

The Energy Information Administration forecasts Brent crude oil spot price will average $65 per barrel in 2020 and $68 per barrel in 2021

The renewable energy sources are forecast to represent almost 76% of new capacity additions

Most of this will be focused in regions where strong economic growth is driving demand, particularly in Asia