California Solar Capacity Surpasses 10,000 Megawatts
California Solar Capacity Surpasses 10,000 Megawatts

California Solar Capacity Surpasses 10,000 Megawatts

News summary

California has significantly advanced its renewable energy capacity, with 1.9 million solar panels and 120,000 batteries now operational, enabling the state to surpass 10,000 megawatts of photovoltaic storage for the first time. Meanwhile, the North America Industrial Power Battery Chargers market is projected to grow robustly, driven by diverse applications across various sectors, including manufacturing and utilities. In Victoria, Australia, the government has launched a second round of its $42 million 100 Neighbourhood Batteries program to enhance community energy resilience and reduce costs, particularly for vulnerable households. The big battery storage market in Australia is also expanding, with significant projects like the Western Downs battery set to double in capacity. Despite a nearly one-third increase in US utility-scale solar power generation in early 2024, the overall climate benefits are compromised by a simultaneous rise in electricity demand, primarily met by fossil fuels. These developments highlight the ongoing transition to renewable energy, though challenges remain in balancing supply and demand.

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Last Updated
273 days ago
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