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Energy Watch Group releases PV graphics to again highlight IEA’s unrealistic renewable scenarios

Following its comment in September that the International Energy Agency (IEA) is “holding back” global renewable expansion by consistently underestimating its supply potential, the Energy Watch Group (EWG) has now released graphics highlighting the shortfalls in the agency’s solar PV projections.

UK: STA notes solar job losses already underway

Up-to-date survey of just 10% of the British solar sector reveals that thousands of jobs have already been lost; extrapolated for the entire industry the data suggests that as many as 6,500 positions could have been lost.

COP21: Coalition of billionaires, 20 governments pledge increased clean energy investment

Under two initiatives aiming to work in tandem, an international coalition of billionaires, including Microsoft’s Bill Gates, Alibaba’s Jack Ma, and African Rainbow Minerals’ Patrice Motsepe have pledged to channel their cash into clean energy alongside 20 governments, which have said they’ll double investment in clean energy innovation. Solar, energy storage, and efficiency will be key focus areas.

India plans $1bn private equity fund for solar and renewables

Government aims to raise that investment goal to around $4 billion per year within 3-4 years and will identify opportunities to source low-cost foreign investment, said energy minister Piyush Goyal.

Abengoa US yieldco faces uncertainty as parent company opens insolvency proceedings

Commencement of insolvency proceedings in Spain sparks real fears of contagion for Abengoa Yield, the U.S.-based subsidiary of the Spanish renewable energy company.

Work begins on 212 MW solar project in West Texas

Construction has begun and financing has been secured on one of first solar projects over 100 MW in Texas, as Southern Company acquires a majority stake.

Ecosolifer chooses Santa Catarina for its Brazilian PV module factory

The company plans to manufacture its multi-junction PV modules in the Southern Brazilian state, and is currently investigating locations.

NRG Home Solar to trade incentives with Airbnb

The two companies have teamed up to reward each other’s members, with NRG offering discounts on PV system leases and Airbnb offering travel credits for hosts with solar arrays.

Qatari firm to offer solar training for Syrian refugees

GreenGulf is partnering with the Norwegian Refugee Council and other organizations to improve the quality of life for residents with solar installations and a training program. The project is part of a greater effort to meet the massive need for energy among displaced people.

The world could be 100% renewable by 2050

Researchers from Stanford University have layed out exactly how the planet could forego fossil fuel and nuclear power and adopt renewable energy across the board.

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