June 19, 2018
As if renewable energy weren’t great on its own (just ask Massachusetts), it’ll soon play a big part in precious metals and even more precious smartphones.
A bill, passed this week in the Massachusetts Senate, would remove the state’s caps on net metering, set a 100% renewable energy mandate, and boost the energy storage procurement target to 2 GW. It still has to pass the House before it can be considered by Governor Baker.
Due primarily to cheap costs and increasing consumer interest in “going green,” mining companies across North America are increasingly turning to renewable energy. Traditionally powered by diesel fuels, renewable electricity will allow silver and gold mining to generate far less pollution.
Samsung announced its plan to transition to 100% renewable energy to power its offices, factories, and operational facilities in the United States, China, and Europe by 2020. As part of this effort, the tech giant will implement a phased plan to build solar and geothermal energy at its properties in Korea.