Industry News

Google Aims to Operate on 100% Renewable Energy Sources by 2017

United States: Google aims to run all its operational activities from renewable energy sources, particularly, from wind and solar by 2017 in a bid to fulfil its green energy commitments. During last ten years, google have initiated deals that provide renewable energy to its offices. Google gets its power for its Oklahoma based data center from a 50,000-acre farm. During 2015, the energy consumption of Google accounted for 5.7 terawatt-hours of electricity. Companies such as Facebook and Amazon also plans to encourage the use of renewable energy for their energy consumption.

TechSci Research finds out that the focus of multinational companies such as Google, Facebook and Amazon would encourage the development of renewable energy projects across US and other nations. Companies are shifting to renewable energy sources to reduce the carbon dioxide emission and to promote clean energy sources. The development of renewable energy projects such as solar parks would enhance the sales of lithium-ion batteries. Li-ion batteries helps to store the power generated from solar power plants. Owing to this, the Global Lithium-ion based Battery Market would witness a major boost.

According to released report of TechSci Research Global Lithium-ion Battery Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 – 2021, the global lithium-ion battery market is projected to grow at a CAGR of over 17% during 2016 - 2021. On the basis of material used as the cathode, global lithium-ion battery market has been segmented into five categories, Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Titanate Oxide and Others

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