Norwegian hydropower company Statkraft has revealed more details of its solar-storage-wind-gas network. Previously announced plans to potentially double capacity this summer were not mentioned in the update.
Swedish company Azelio is studying whether storage could ensure complete self-sufficiency for the 36,000-strong Azraq camp, which already draws 70% of its electricity from solar generation.
Company stock diluted more than 8% to generate gross proceeds of $87 million as the company continues its policy of expansion at a breakneck rate.
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
The glass maker is set to issue fewer shares – at a higher value – in its solar glass subsidiary as it aims to generate funds for two new PV glass production lines in China.
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
An energy finance consultant from the international thinktank has added his voice to demands Theresa May, or her successor, spell out exactly how the decarbonization target will be met, and cited failings on solar as a warning on how not to proceed.
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.
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