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Solar leads global clean energy, scientists urge immediate phaseout of fossil fuels

We're all about saving you energy and have rounded up the latest solar, climate and energy news so you don't have to.

Solar and batteries

The renewable energy infrastructure space is being led by solar energy projects that "consistently outperform" wind power on a global scale, reports Forbes.

The US is looking at an unprecedented boom in solar development over the next five years, reports PV Magazine. Florida has announced plans to install more than 30 million solar panels by 2030 to make the US state a world leader in solar energy production, reports Solar Power World. And, building a solar plus storage power plant in the US is now half the cost of building a gas peaker plant, reports CleanTechnica.

Global power storage capacity is set for a 100-fold increase over the next 20 years, reports the Guardian.

Many Kiwi homes are now designed to accommodate solar panels, either immediately or in the future, reports Stuff.

Renewables and fossil fuels

For the fifth year in a row, global investment in clean energy topped $300 billion, reports Bloomberg BNEF.

A New Plymouth company that built equipment to generate electricity from wave energy for offshore customers now plans to trial sites in New Zealand, reports Stuff.

Climate change

Climate change could be kept in check if a phaseout of all fossil fuel infrastructure starts immediately, reports the Guardian.

The world's oceans broke heat records in 2018. The current rate of ocean warming is equivalent to five Hiroshima-size atomic bombs exploding every second, reports the Guardian

Increasing carbon emissions could propel us into a world that hasn't existed for millions of years, and put the existence of the Antarctic ice sheet under threat, reports Stuff.

Glaciers are crucial sources of water for people and crops in Central Asia. But global warming is causing glaciers there and around the world to shrink every year, reports the New York Times.

The World Economic Forum says the failure to tackle climate change and extreme weather events are the most threatening global risks this year, reports Bloomberg.

Power prices

Wholesale electricity prices have remained high this year due to a combination of low wind generation, planned maintenance shutdowns, declining snowpack on the South Island, and gas supply concerns, reports the NZ Herald.

Electric vehicles

Electric car sales are set to rise dramatically in 2019 as rapid growth continues, reports Inside EVs.

Ford has 16 electric car models in design and development stages, reports CNBC.

Tesla will cut 7 per cent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford, reports the NZ Herald.

Rolls-Royce plans to fly the world's fastest electric powered plane next year, reports Flying.