NEWS & RESOURCES

| by QBI Solutions

Innovative Solutions in Renewable Energy

In the upcoming decades, we will witness global energy consumption increase manifold. The US Energy Information Administration (EIA) forecasts that this consumption will increase by 50% by 2050. Elementary and on the good part, access to affordable energy goes hand in hand with higher standards of living. That’s why the world needs innovative solutions in renewable energy, which will lead global energy change.

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| by QBI Solutions

Energy Transition: Powering it with Technology

In the 2021 World Energy Outlook (WEO) report, the International Energy Agency (IEA) gave a rather disheartening prediction: The world can only reduce carbon emissions by 40% by 2050 going by the current national pledges. As the ravages of the global pandemic subside, the world must devise ways to accelerate the energy transition. According to the 1.5°C decarburization pathway released recently, at least USD 5 trillion annually in investments is needed to fulfill the Paris Agreement goals.

So the big question is: How can energy technologies contribute to this urgent need? Read on to learn about the impact of technology in this era.

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How to Manage Solar Energy Portfolios Properly

Between January and August 2021, wind and solar energy increments were 28% higher than figures for the same period in 2020. This is an indication of a resilient industry that has overcome supply chain breakdowns, costlier key commodities, and higher shipping costs linked to COVID-19.

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Barriers to Renewable Energy Technologies

Despite the ravages of the COVID-19 pandemic, global additions of renewable energy capacity in 2020 surpassed those of 2019 by 50%. The share of renewables being added to the global energy mix was encouraging, with both solar and wind leading the way.

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