Is the Transition to Renewable Energy Closer than it Seems?

“To become carbon-free, we need to adopt everything that can attack climate change.”

While the world stayed still in 2020, there was some good news regarding carbon emissions. BP reported that they dropped 6% and that energy consumption fell by 4.5%. Along with these reductions, wind and solar power grew at a record rate. Could there be hope for a shift in the way the world produces power? Digging into the topic, Voice of B2B Daniel Litwin spoke with Mark Frigo, Vice President of Energy Storage at Nexamp, a vertically integrated solar and energy storage solutions company.

“The emissions drop was simply due to COVID and unfortunately not a lasting trend. Consumption is likely to increase as more people are driving and flying. It’s still an unsustainable path toward radical climate change. Nothing’s going to stop this without real action,” Frigo said.

Frigo, though, is still encouraged by the growth in solar and wind, as the world looks to transform from a carbon-based economy to a renewable one. Interestingly China was one of the main drivers of new carbon-free energy, doubling its renewable capacity.

“They have a large internal need for power and to ramp up manufacturing capacity, so it’s an advantage to all for their renewable focus,” Frigo said.

In looking at the investments to further renewables, Frigo believed community solar projects would become “a large part of the transition to a carbon-free economy.”

That commitment to renewables is evident in the current administration, which is setting a goal of 80% of energy to come from these sources by 2030 and billions of dollars to make it happen. Of course, that will require investment in infrastructure.

“We need new technology to help implement the growth of renewables, so it’s R&D across the board,” Frigo said.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

Coupa Inspire 2025
A Global Conversation: Coupa Inspire 2025 Brings Innovation to Your Doorstep
September 12, 2025

Coupa Inspire 2025 is taking its flagship experience on the road with the Inspire World Tour, bringing the spirit of its celebrated event to five cities across four continents. By condensing the energy of its global gathering into free, one-day sessions, Coupa is expanding access to knowledge, innovation, and community-building opportunities for finance, procurement, and…

Read More
Royal Dublin
Mastering the Game: Akshay Bhatia and Coupa Inspire at the Royal Dublin
September 12, 2025

At the Royal Dublin, Coupa brought together community and competition with PGA pro and brand ambassador Akshay Bhatia, who shared lessons from the course that extend far beyond golf. His message, “Master your swing. Master your spend,” underscored the power of precision, discipline, and strategy in both sport and business. The event was not just…

Read More
Coupa Customer Appreciation Day with Akshay Bhatia at The Royal Dublin
September 11, 2025

Coupa’s Customer Appreciation Day at The Royal Dublin on July, 2025, brought together PGA Tour talent Akshay Bhatia and the community for a celebration of both sport and connection. Beyond the excitement of world-class golf, Bhatia shared practical “tour-level tips” in a relaxed clinic format, offering guidance on everything from escaping rough lies to mastering…

Read More
The Royal Dublin
Coupa Spotlight: Akshay Bhatia Tees Up Teaching at The Royal Dublin
September 11, 2025

American golfer Akshay Bhatia’s teaching session at The Royal Dublin this July marks more than a summer stop—it’s a sign of how golf’s rising stars are shaping the global game. For Coupa, the event highlights the intersection of tradition and modern growth, bringing fresh attention to one of Ireland’s most historic courses. Bhatia’s presence underscores…

Read More