- Renewable energy production expanded at an annual rate of 15% between 2011 and 2020, and if this growth rate continues through 2035, renewable electricity will meet 100% of the United States’ electricity demand
- In May, California’s renewable energy sources briefly generated 101% of the state’s energy demand
- Correlate Infrastructure Partners provides access to intelligent efficiency measures, electric vehicle (“EV”) infrastructure, and locally sited solar and energy storage
- Through its all-in-one platform, the company designs, engineers, finances, builds, and monitors renewable energy (solar) projects for its clients, enabling them to meet ESG mandates as well as save on electricity costs and capital expenditure (“CapEx”)
A report by a joint team from Frontier Group and Environment America Research and Policy Center, released last year, reported that the proportion of electricity the U.S. generated from wind and solar increased by about four times between 2011 and 2020. Within that decade, wind, solar, and geothermal power production grew at a yearly average of 15%. And should this growth rate continue, renewable energy is projected to meet the country’s electricity demand by 2035 (https://ibn.fm/dD8Xr).
The state of California, however, does not have to wait until 2035 as it broke that record earlier in May, albeit briefly. For 15 minutes, the state’s renewable energy generation peaked at 101% of the current energy demand, most of it solar energy, breaking a previous record of…
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