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Microsoft supports Asia's renewable energy industry

Microsoft has signed its first solar power agreement with Atria Power in India to purchase 3 megawatts (MW) of solar-powered electricity at its new office in Bangalore, India. This ensures that 80% of the building’s projected electricity requirement is met by supporting the local clean energy industry. Encouraging initiatives like this will help India fulfil its Paris Agreement obligations to cut greenhouse gas emissions. The deal comes a week after the announcement of another deal in Singapore for a 60 MW solar project. Has Asia’s renewable energy sector hit a tipping point? For further information, click here.

Solar energy gets a boost

Did you know that solar power can be generated using a variety of materials including Perovskites? Perovskite – a growing class of photovoltaic material – is emerging as a good source of solar power, registering more than 20% conversion rate of sunlight into power. Global energy demand is expected to grow by 37% by 2040. Low cost renewable sources of energy are poised to grow their share of the total energy market, as fossil fuels cannot meet the increase in demand by themselves. Solar power is the fastest growing renewable source of energy but accounted for a dismal 0.5% of global energy demand in 2011. This clearly points to the massive room for growth. Will Perovskites revolutionize the future of solar energy? https://www.spireresearch.com/newsroom/spirethoughts/solar-energy-gets-a-boost/