Latest markets & trends headlines
Adding wind and solar power to the grid is more cost-effective than switching fossil-fueled power plants on and off to make up for the intermittent nature of renewable energy, says the National Renewable Energy Laboratory (NREL).
According to analysts at Lux Research, the SunShot program's target of "$1/W installed by 2020" set by the U.S. Department of Energy will probably not be met. Installation prices today are still two to four times the target.
The U.S. solar industry trade organization has been working behind the scenes with U.S. and Chinese government officials to draw up a plan to resolve the ongoing trade dispute and benefit both U.S. and Chinese manufacturers.
The Emirates Solar Industry Association has been renamed as the Middle East Solar Industry Association (Mesia) in anticipation of expected growth in the region.
City Utilities is close to signing a contract to purchase electricity from a forthcoming 5 MW solar farm in eastern Greene County, Missouri, said to be the biggest in the state.
Vaillant is eager to expand operations in Kazakhstan, where the company is expecting a 50% sales growth rate in the next four years. The group is confident its German-made products can compete with those of overseas rivals.
Homeowners with solar panels that feed into the grid are getting too good a deal, say some state utilities, with plans afoot to readdress the balance.