U.S. clean energy installations down 55% on climate bill fail, trade issues -report
WASHINGTON, July 26 (Reuters) — The rate of development of U.S. clean energy projects including wind and solar power fell in the second quarter as inaction by Congress, trade issues and delays related to COVID-19 stifled activity, an industry group report said on Tuesday.
Related Knowledge Center: ENERGY BASICS: renewables
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.