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    211 months ago

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    Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects.

    Both state and federal incentives had a large influence on U.S. solar growth, said Daniel Bresette, president of the Environmental and Energy Study Institute, a non-profit education and policy organization.

    China is on track to surpass its ambitious 2030 target of 1,200 gigawatts of utility-scale solar and wind power capacity five years ahead of schedule if planned projects are all built, the Global Energy Monitor said.

    The cost of key battery raw materials, including lithium, also dropped significantly, Benchmark senior analyst Evan Hartley said.

    “The battery cost is now on that trajectory that most Americans will be able to afford an EV,” said Paul Braun, a University of Illinois professor of materials science and engineering.

    Health and safety violations were found at a joint venture plant between General Motors Co. and LG Energy Solution in Ohio.


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