Markets

The age of plenty on steroids (with charts)

Despite the climate-denying Trump Administration, Michael Liebreich gave plenty of reasons to be optimistic about the future in his address to the BNEF Future of Energy Summit.

Cambodia’s solar development moves forward with 10 MW project

The Asian Development Bank will provide Singapore-based Sunseap Group with $9.2 million. The company will use the funds to construct Cambodia’s first large-scale PV plant, a 10 MW facility located in Svay Rieng Province.

Global installed PV capacity exceeds 300 GW, IEA PVPS

The world’s cumulative PV capacity had surpassed 303 GW at the of 2016, according to a report from IEA PVPS. Globally, solar power is now able to cover approximately 1.8% of power demand.

The inmates have taken over the asylum: BNEF The Future of Energy Summit kicks off in New York

An interview with professional climate denier Myron Ebell, along with Kevin de León and Debbie Dooley shaking hands were among the top moments from the opening of the 2017 BNEF Future of Energy summit.

French presidential election: what to expect for solar from the winners of the first round?

Both winners of the first round have said they want more solar during their electoral campaigns. While Macron promises to double installed PV capacity by 2022, Le Pen claims she will push for a massive deployment of solar and biomass (not wind), although under an “intelligent protectionism”.

Germany could miss 2020 renewable energy target, report says

According to German renewable energy association BEE, the country could fail to reach its 2020 EU target for renewables covering 18% of its total energy consumption. The association claims that if Germany aims to achieve this target, an additional 22 TWh of electricity from renewables per year must come from the power, heat and transport sectors.

OECD helps Turkmenistan take advantage of its solar potential

The international organization has organized an event to help local government and institutions to develop a national strategy for solar energy.

Access Power gets financing for 50 MW PV project in Nigeria

The $1.65 million loan will be used to co-finance a 50 MW solar facility under development in Nigeria’s Kaduna State. The company expect to reach financial close for the project by the end of this year.

SDG&E signs contracts for 83.5 MW more battery storage

The U.S power utility is going for more lithium-ion batteries, including the world’s largest battery system, to accommodate its leading portion of renewable energy.

Help wanted? U.S. solar employers have trouble finding qualified workers, study says

A new report from The Solar Foundation reveals that two-thirds of U.S. solar employers are struggling to find qualified workers and that investment in post-hire training is the key to making sure the industry’s spectacular job production continues.