In the United States, petrol has fallen to less than $2 per gallon (53 cents per liter) for the first time in 5 years. Analysts point to many different reasons for the the crash in crude oil prices (and the subsequent drop in petrol) but these beautiful graphs lay out the reason in a clear format that's easy to understand.
In the rollout of new hydropower projects around the world no one is playing a bigger role than China. 5 of the 10 biggest hydroelectric power stations in the world are in China and Chinese companies are working on hundreds of projects in other countries. The role China is playing doesn’t just apply to engineering, Chinese banks are filling the gap of traditional funders such as the World Bank.
Many companies use traditional methods to measure the impact of solar power investments such as quoting the many dollars invested, number of people using their kits and areas covered by their product, which are inadequate tools for measuring social impact for solar power investments if we have to get it right. Traditional approaches of gathering data are not only expensive, take time to give results and complicated to use, but are also not helpful in terms of boosting solar power funding. The lean data approach proposed by Acumen could, not only bridge solar power funding gaps in developing worlds, but will also help companies to understand emerging markets.
Research undertaken by Greentech Media (GTM) predicts that over the next five years, the global solar market will demonstrate a cumulative average growth rate of around 8%, with emerging economies including India and Latin America leading the progress.