As demand is becoming geographically diversified, with strong growth of emerging markets set to make up for slowing demand in East Asia, GTM Research is now tracking 17.4 GW of confirmed solar tenders between Q2 and the end of 2019 across the globe, 9.6 GW of which is expected to be awarded in Q3 2017.
Preliminary data from independent analysis of Chinese solar market suggests incredibly strong first half of a year that could end with an additional 35-40 GW of PV capacity installed.
The Parliament’s Committee for Energy and Fuels has reached an agreement for a unified text of the net metering scheme that is expected to finally support residential and commercial PV and other distributed generation renewable sources across the country.
Around 69.8% of total distributed generation installed solar power comes from mini-generation PV systems that have a capacity of up to 75 kW.
The International Energy Agency’s World Energy Investment report sees global spending on energy fall by 12% overall in 2016, marking the second-consecutive year that investment has dropped as less money is poured into costly gas and oil infrastructure. Clean energy spending, meanwhile, is on the up.
The global lending institution praises India’s solar program in new report, noting how clean energy sources are beginning to displace coal at a sweeping rate.
Search engine giant signs PV supply contract with Eneco, a Dutch energy provider for the supply of power from a 30 MW solar park from where the power will be purchased.
In around half of the G20 countries, renewables have been equal or cheaper in price to electricity generated from coal and nuclear power plants since 2015, and are set to outcompete all other energy sources in the world’s 20 major economies by 2030, finds a new study commissioned by Greenpeace Germany.