India is likely to add between 8-8.5 GW of renewable energy generation capacity in the current financial year ending March 2019, according to research and rating agency ICRA Limited.
Polish research institute IEO released a new analysis showing increasing power prices in the Eastern European country, due to the current energy policy, which still strongly relies on coal power. Replacing coal with solar power, it argues, would likely result in decreasing power prices.
Jamaica is currently targeting a 30% share of renewables in its energy mix by 2030. However, the nation’s prime minister says, “We can do better.”
An investigation by mainland China regulators has found that subsidy payment delays in the northwest region of Ningxia are putting PV projects at risk of bankruptcy.
The eastern European nation is being assisted by the European Bank for Reconstruction and Development with the creation of tender documentation for renewable energy auctions.
Electrifying the global energy system with clean energy is the only way to reach the targets set by the Paris agreement on climate change and avoid the catastrophic scenarios outlined by the recent IPCC report. In an interview with pv magazine, Christian Breyer – Professor of Solar Economy at Finland’s Lappeenranta University of Technology – explains a 100% renewables model is not only technically feasible, but also the cheapest and safest option. With solar and storage at its core, the future energy system envisaged by Breyer and his team will not only stop coal, but also nuclear and fossil gas, while seeing solar reach a share of around 70% of power consumption by 2050. By that time, PV technology could cost a third of its current price.
The nation’s oil and gas provider is building its first small-sized PV projects at facilities operated by Ukrtransgaz, the Ukrainian gas transport system.
The farming sector alone offers a potential $40bn marketplace, thanks to rice transplanting, pesticide spraying and grain harvesting – says the Council on Energy, Environment and Water thinktank.
An AUS$500,000 capital injection from the arms-length, state-funded renewable energy organisation takes to $800,000 the amount of public money which will be donated to a $1.74m project designed to make procuring clean energy easier for business and local authorities.
The nation installed 4.9 GW of solar, surpassing the USA – which installed 4.7 GW – to become the second largest solar market in the first half of the year, second only to China’s 24.3 GW.
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