North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.
The expansion of solar PV and battery storage is keeping the global net zero 1.5 degree pathway open, and the current host of planned manufacturing capacity expansions will be enough to meet demand by 2030.
Colorado will add 4GW of utility solar by 2030 while there was 1.96GW of solar projects under development as of mid-2023, according to a recent study from the American Clean Power Association (ACP).
The Bank of Montreal (BMO) has donated US$3 million to California-headquartered non-profit GRID Alternatives to support the provision of low-to-no cost solar PV, storage and clean mobility programmes to “underserved families” in the Western US.