In its New Energy Outlook 2017 report (NEO), published earlier this week, Bloomberg New Energy Finance (BNEF) outlines its expectations for energy in the Americas between now and 2040. The report predicts big for the key regional markets Brazil, Chile and Mexico.

The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.

The initial public offering proposed by the Indian Renewable Energy Development Agency (IREDA) has been given approval by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi.

German equipment manufacturers Laytec has been chosen by CTF solar to supply its in-line process inspection equipment to a new 80 MW CdS/CdTe thin film cell production line being developed in China.

As part of its research into organometal halide perovskites, the U.S Department of Energy’s Ames Laboratory has developed a spectroscopic technique which it says can ‘capture the moment, less than one trillionth of a second, where a particle of light hits a solar cell and becomes energy.’

Through its Brazilian subsidiary Enel Green Power Brasil Participações, Italian developer Enel has completed two projects in Brazil’s north-eastern state of Bahia, with a total capacity of 158 MW.

This year’s Intersolar Europe exhibition and conference attracted encouraging crowds, plenty of innovation and a growing sense of confidence in solar’s importance to the world. With a little help from storage, of course.

Swiss equipment provider INDEOtec announced that it has received an order for its OCTOPUS II PECVD system from the renowned Fraunhofer Institute for Solar Energy Systems (ISE) in Germany.

Europe’s largest solar trade show kicked off this morning in Munich. More than 1,100 organizations from 51 countries are hosting exhibits at the show, and around 40,000 visitors from 160 countries are expected to descend on the International Congress Center in Munich over the show’s duration.

Swedish materials company Sol Voltaics announced that it has successfully produced gallium arsenide (GaAs) nanowires, bringing its efficiency boosting film a step closer to commercialization.