Markets

14th place for U.K. comes on back of Brexit uncertainty and go-ahead of Hinkley Point nuclear plant. However, Europe generally on the rise according to Ernst & Young analysts.

Ministry of Land & Resources emphasizes land to be administrated as construction land for Agri-PV projects.

Sunrun will offer LG Chem RESU batteries for the U.S. residential market through its BrightBox offering and subsidiary AEE Solar

The utility’s solicitation for 750 GWh of renewables could be met with 400 MW of new solar PV.

Latest Mercom Capital report finds that just $102 million in VC funding for smart grid, battery storage and efficiency sectors was raised in Q3, down from $433 million in Q2. Project funds for residential and commercial storage soars, however.

The International Energy Agency (IEA) has increased its mid-term renewable forecast by 13%. Largely on the back of key policy developments in the U.S., India, China and Mexico, the agency has pointed to wind and solar PV’s central role as increasingly “affordable solutions” in the fight against climate change and air pollution.

Even if only one-third of all planned new coal-fired power plants are built globally, hundreds of millions of people could be pushed into poverty as climate change accelerates, experts warn.

Scientists from Stanford University and Oxford University have been working on solar cells made with perovskite crystal stacked in tandem, and in a recent breakthrough have achieved an energy efficiency of 20.3% using the cells, which are significantly cheaper to produce than silicon cells.

The utility-scale plant will be developed by Tata Power Renewable Energy, the renewable subsidiary of Tata Power, after the company signed a power purchase agreement with the Solar Corp of India.

The stunning fall in solar module prices being witnessed in most global markets might be good news for project developers and end-market consumers, but it is going to pose major challenges to many of the big module manufacturers.