Average solar power price in Brazilian A-6 auction reaches $20.52/MWh
Only 530 MW of the 2.97 GW of renewable energy generation capacity contracted in the procurement exercise went to solar. Eleven solar projects were successful and their final electricity prices were far below those offered by competing technologies.
The weekend read: A bump in the road for pay-as-you-go solar and self-sustainability
Two high-profile bankruptcies this year could serve as a warning for the potential pitfalls of pay-as-you-go and small scale, off-grid solar. However, Marcus Wiemann and David Lecoque of the Alliance for Rural Electrification say such business models can lead to long-term success and have a key role to play in providing power to the 1 billion people throughout the world who still live without electricity.
Tesla gigafactory orders see LG Chem supplant BYD as third biggest global battery supplier
The Chinese e-mobility company has been hammered since Beijing’s abrupt reduction of electric vehicle subsidies in the summer. Korean outfit LG Chem’s shipment volumes have gone in the opposite direction.
Sub-standard PV equipment worries Bangladeshi solar developers
Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.
Ukraine solar industry poised between optimism and fears of FIT renegotiation
Ukrainian energy market reforms are continuing and amid uncertainty about future auction mechanisms and prices, attendees at the SEF Kyiv sustainable energy forum again called out the government for dragging its heels on the legislation. However, there was also evident optimism at the show.
Green bonds lead sustainable funding past $1tn mark
In the past 12 years, green bonds have raised nearly $800 billion for investment in clean energy and other sustainability projects and companies are now pegging bond interest payments to their environmental performance.
Yingli in talks with creditors over break up
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
Tesla all-electric ‘ute’ verges on a reality
CEO Elon Musk has continued to tease the November release of the company’s all-electric utility vehicle. In a tweet, Musk suggested the design resembled an “armored personnel carrier”.
Electricity regulator steps in to Indian state’s attempt to renegotiate signed PPAs
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
Exhibitors in Dhaka upbeat about solar future
Getting on for 300 international exhibitors are attending the Solar Bangladesh Expo in Dhaka which opened today and runs until Saturday. pv magazine’s Syful Islam is walking the floors and hearing optimistic messages.
