Li-ion battery costs to fall 50% in next 5 years, driven by renewables
Capital costs for lithium-ion (Li-ion) batteries are expected to come down by around 50% over the next five years, as a result of increased renewables generation, among other factors, finds Lazard in a new study looking at the levelised cost of storage (LCOS). Currently, energy storage is not cost-competitive with most applications, however. In a separate study, Lazard, analyzed LCOEs in the U.S. Utility-scale PV was found to be competitive against conventional energies, while rooftop solar still requires “significant” subsidization.
Massachussets fails to lift net metering caps
The two houses of the Massachusetts legislature failed to reconcile bills that would have lifted the net metering caps, which have already been reached in some utility service areas.
JA Solar ships record 1.1 GW in third quarter
Record revenue and shipments underline strong third quarter for the Chinese solar firm that surpassed high end guidance forecast from Q2; China represented more than half of its total shipments.
Correction: Trina Solar signs MoU for $518m fab in India's Andhra Pradesh
Local reports suggest the Chinese solar firm has penned a memorandum of understanding with the Andhra Pradesh government to develop its 2 GW, Rs 2,800 crore solar manufacturing facility in Atchutapuram.
UK to phase out all coal plants by 2025
Energy Minister Amber Rudd delivers speech calling for an end to ‘outdated’ energy source, with natural gas and nuclear power to be ramped up to plug the power gap.
India's rooftop PV capacity hits 525 MW, says Bridge to India
Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.
Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities
The wind giant reveals bold investment plans in India’s solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
Silver Lake invests $100 million in SolarCity
SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity’s stock remains depressed.
White House holds National Community Solar Summit
68 state and local governments and organizations have now made pledges to increase access to community solar under a national partnership, including industry leader Clean Energy Collective.
