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solar energy

Solar Energy Market Volumes to Reach 2.12 gigawatt by 2028 – Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence

in business/Community/News

Hyderabad, Aug. 02, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled "Solar Energy Market Report (2023-2028)," the market is estimated at USD 1.17 gigawatt in 2023. It is expected to register a CAGR of 12.72% during the forecast period.

Solar energy, as the name suggests, is the energy that is obtained from the radiation of the sun. The sun, as a source of energy, is limitless, and the energy derived from it is renewable and can be converted into multiple usable forms, such as electricity and heat.

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One of Largest Solar-Plus-Storage Projects Part of California, Hawaii Energy Effort

in Around California/Environment

Energy storage systems with a large amount of capacity are being developed to cover five sites in California and Hawaii, including one of the largest solar-plus-storage projects in the world.

The energy storage systems, which have a total capacity of 500 megawatts (MW) and 2-gigawatt hours (GWh), are being supplied by Wärtsilä to clean energy company Clearway Energy Group. The largest of the projects is located in San Bernardina, California, where 482 MW of solar and 275 MW and 1.1 GWh of energy storage are being installed.

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Target’s New Store Design Powered by Solar Energy Could be the Sustainable Shop of the Future

in technology

Target has transformed one of its California stores into its most sustainable store yet.

Powered mostly by solar energy, the new exterior design at its Vista, Calif. location is the latest innovation for the Minneapolis-based company as its moves further into executing its sustainability strategy.

The store, which is about 40 miles north of San Diego, now boasts 3,420 solar panels across its roof and newly installed carport canopies. Target said that its new design will generate more renewable energy than it needs annually to operate and will test multiple innovations to reduce the building’s emissions. The retailer said it expects to produce up to a 10% energy surplus each year from this design and will transmit it back to the local power grid.

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