Solar PV has come a long way as a power generation technology. As highlighted in SolarPower Europe’s Global Market Outlook for 2018 to 2022, solar added 98 GW of net generation capacity last year, eclipsing all other forms of electricity generation. But solar needs to do a lot more, and to do it very soon if we want to limit greenhouse gas (GHG) emissions and keep global warming to below 1.5°C from pre-industrial levels.
Agreement to wave requirement for chief shareholder FEFAM to conduct a full takeover paves way for shareholders to vote through a debt-for-equity swap that will reduce the historic battery maker’s debts by a reported 65% next Tuesday.
In an advisory requested by Argentinian hosts, agency reports on the role solar can play in firing the energy transition up to 2050 – but was anybody listening?
Enphase, Huawei and other companies which make inverters in China may be the beneficiaries of a compromise struck between Presidents Donald Trump and Xi Jinping.
Curtailment issues will prompt Chinese government to focus on new project development in the urban east, to reduce power losses. The central authorities also want to ramp up the electricity trading market and peak shaving technology.
Although wind power had the largest share with 165 MW of capacity, solar was able to secure the same number of projects and a total capacity of 104 MW. The Danish Energy Agency had received 17 bids, including 280 MW of solar projects.
The chairman of the European Energy Research Alliance says the EU must bring national research centers together in a continent-wide effort before it is too late, and the COP24 meeting needs to send out a positive message to the world.
A scenario in which no additional oil, coal or nuclear capacity is built and renewables grow at a pace of 3-4%, would see solar comprise 69% of the global electricity system by 2050. According to an EU thinktank, such an effort would boost European manufacturing, creating jobs and prosperity.
Through a new package of measures for the energy sector, the German government has introduced a significant incentive reduction for commercial and industrial solar, but has also allocated an additional 4 GW of solar capacity in tenders up to 2021.
French developer Voltalia has secured an $18.1 million loan for its 50 MW Kopere solar project. The plant will sell power to utility KPLC under a 20-year PPA. The country’s Rural Electrification Authority is also tendering 1.1 MW of solar plants associated with minigrids in off-grid regions.
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