Top 5 Countries That Have Set New Benchmarks In Renewable Energy

The renewable energy domain has been making incredible progress across the globe in recent years. For example, solar energy generation capacity is on the upswing, wind power is blowing strong across water and land, while the crucial battery storage technology has improved rapidly allowing the clean energy generated to be stored for use when needed

But which countries are making the most progress in the global race to convert to renewable resources? Here’s a close look at the top countries that achieved notable progress in the renewable energy space in 2014 and the beginning months of this year.

USA

North America leads the world in terms of recently announced energy storage projects.

Residential solar prices are a in a freefall throughout the country.

Energy storage facilities estimated to grow 10x in five years

States like California have taken the lead by pushing for a mandatory 50% renewables by 2030 Renewables account for an impressive 98% of new energy distribution.

Germany

Electricity output from renewables has grown eight times since 1990, latest data suggests a huge shift towards clean energy taking place.

German battery maker BMZ, will be quadrupling its production capacity to roughly 5 GWh of energy storage capacity annually by the year 2020

Germany plans to abandon all nuclear power by 2020 and has announced new 150MW ground-mounted solar energy projects towards this end.

The country has invested approx 30 billion Euros in offshore wind energy projects.

India

Solar power is likely to constitute about 25% of India’s total power generation capacity by 2022.

The government has also announced 100 GW wind energy capacity by the same year.

Rajasthan is likely to witness 40 GW of solar capacity development in keeping with India’s mission to possess 100 GW solar power generation capacity by 2022. Assuming all developers adhere to their states commitments, Rajasthan alone is likely to account for nearly 40% of this target.

India is gearing up to welcome approx 750 MW facility which is coming online soon.

Indian Railways, the fourth largest rail network in the world has joined the renewable bandwagon and plans to create a 1 GW solar plan

China

China has put a cap on coal after smog levels in the country reached alarming levels.

It has already installed approx 5.04 GW in the first few months of this year.

China’s offshore wind sector capacity has increased by approx 500%.

5GW of distributed solar to be available in 2015

United Kingdom (UK)

Sales of eco-friendly electric cars in the UK have recorded a 300% rise.

Estimates for solar energy capacity have also jumped by approx 4%.

57 MW of solar power has already been connected in the UK.

With wind costs on the decline, UK has planned a 400 MW offshore wind programme, headed by a proposed 1.2 GW offshore wind project.

Welspun Renewables has pioneered solar and wind power solutions that have set new industry benchmarks for their sheer size and installed capacity.