A new worldwide industry is dawning. The global clean energy economy experienced tremendous growth over the past five years–with investment growth of 230 percent since 2005–all the while weathering the recent financial downturn.
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The U.S. Defense Department (DOD) could save hundreds of millions of dollars annually and boost energy security by installing more microgrids and renewable power systems, and increasing energy efficiency on military bases, according to new research conducted by Noblis Inc. and commissioned by The Pew Charitable Trusts. Read More
Microgrids—local, interconnected power generation and distribution systems—can offer U.S. military bases a more reliable source of energy than stand-alone diesel generators and save $8 million to $20 million over a 20-year period, a new Pew-commissioned study found. Read More
For every dollar spent on clean energy research and development (R&D), $1.60 is created in other parts of the economy, contributing a projected $8.6 billion to the nation’s gross domestic product (GDP) this fiscal year. That’s according to an analysis by Pew and research partner ICF International Inc. that measures the economic impact of the Energy Department’s fiscal year... Read More