News
India announces $4.3 billion investment in clean energy
The Indian government has pledged to invest $4.3 billion in green technology to clean up the country’s economy and create jobs. In the announcement, Indian authorities included a focus on solar power from the Himalayan region of Ladakh and green hydrogen production.
Related Knowledge Center: ENERGY BASICS: renewables
State of Play
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.