Markets

It’s cheaper to build new solar than it is to operate coal plants

New analysis released by Lazard compares the levelized cost of energy for various generation technologies on a $/MWh basis and shows that renewables, specifically utility-scale solar and wind, are the economic frontrunners.

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Chinese PV Industry Brief: Beijing reluctant to ease restrictions on PV glass sector

China will not ease restrictions on new investments in additional PV glass production capacity, according to a newly published draft document from the Ministry of Industry and Information Technology.

EU Council endorses €1.5bn public sector loan facility for energy transition

The credit, to be made available to public bodies in the bloc’s 27 member states, would be bolstered by €10 billion from the EIB and should not, said the Council of Ministers, support nuclear or fossil fuel projects.

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Corporate funding for battery storage up 75%

Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.

Luxembourg launches 40 MW solar tender

The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.

CEO Interview – SPI 2020, USA. Interview with William Sheng, President of Talesun Solar

As one of the world’s top ten PV module manufacturers and an experienced EPC supplier of solar PV power stations, Talesun Solar expanded its business globally based on steady capacity growth and targeted marketing actions. Before the largest solar PV exhibition and conference of the North America, the Solar Power & Energy Storage International (SPI) 2020, PV Magazine has the opportunity to interview with Mr. William Sheng, the president of Talesun Solar, and listen to his view of the PV market, module products with different techniques, and other hot topics.

Solar generation retreats as hydro and wind lead Euro renewables dominance

Clean energy electricity generation surpassed that from nuclear and fossil fuels for the sixth successive quarter in the July-to-September window, according to data analyst Enappsys, but Europe saw a fall in solar output and demand patterns at the end of the window may presage a second wave of Covid-19.

Scatec Solar completes shares issue to part fund hydropower acquisition

The Norwegian renewables company has already raised $300 million of the $700 million, one-year funding it has shouldered to acquire hydro business SN Power from state-owned Norfund.

Solar reaches average price of €0.0574/kWh in France’s renewables tender

The PV source secured 340 of the 600 MW allocated in the procurement exercise. The price for solar energy was 7% lower than in the previous tender.

Chinese PV Industry Brief: Record residential solar installs and rumblings in the polysilicon market

The NEA has revealed more than 1.3 GW of solar capacity was added to Chinese rooftops last month, with more than 500 MW of it in Shandong province. While poly maker Daqo was forced to revise down its latest sales forecast it predicted a quick rebound in the current quarter.

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