SolBid: Clean Energy News

70,000 Solar Panels to be Installed Every Hour

 Solar Field  

Recent statistics have shown a promising future for global solar development. The most recent BP Statistical Review of World Energy has shown that renewable energy was the fastest growing energy source in 2017, with solar being a major contributor.

Global energy demand continues to rise with economic growth, but the growth of fossil fuel use is being hindered by that of renewable energy. New findings show that renewables accounted for 30% of all energy growth, a sizable chunk of the 2.1% increase in overall demand.

Sysco Announces Plans for Multi-Site Solar Garden

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With over 65,000 associates and 300 distribution facilities serving 500,000 customer locations, there's no doubt that Sysco has some high energy needs. On June 6th, the company signed a ten-year renewable energy agreement; subsequently, three solar garden sites are being constructed in Texas, which will provide about 10% of Sysco’s U.S. electricity usage.

Solar Energy for the Garden State

 Gov  

New Jersey Governor Phil Murphy signed two new energy bills to significantly advance New Jersey’s clean energy economy. Signed into law on May 23rd, the legislature is intended to stabilize and grow New Jersey’s renewable energy sector, and extend the cost-saving benefits of solar to more families, communitiesand businesses throughout the Garden State.

(Source: Agri-pulse.com)
Gov. Murphy signing the recent legislature into place

Blockchain Technology for the Solar Industry

 Block Chain  

Blockchain technologies have been gaining notability due to the recent cryptocurrency hype. However, the same peer-to-peer networking technology that enables cryptocurrencies, like Bitcoin, provides a model for application across industries beyond finance; for example, the energy sector. New developments have seen blockchain technologies as a disruptive force for grid management. What could this mean for the solar industry?

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