Wind, solar to be cheapest power source in G20 by 2030, Greenpeace study finds
In around half of the G20 countries, renewables have been equal or cheaper in price to electricity generated from coal and nuclear power plants since 2015, and are set to outcompete all other energy sources in the world’s 20 major economies by 2030, finds a new study commissioned by Greenpeace Germany.
EBRD launches loan scheme for rooftop solar in Romania
The European Bank for Reconstruction and Development (EBRD) has launched a new framework aiming to help Romanian households to invest in energy efficiency, renewable energy and water-saving solutions. Solar PV is also part of the framework, which is the first serious effort to support the development of rooftop PV in the country.
European PV manufacturing must be preserved, say more than 50 organizations
Joint letter from 50 solar PV organizations in Europe sent to policymakers of all EU member states to serve as reminder of the importance of PV manufacturing in the continent.
G20 nations dragging their heels on low-carbon transition, reports find
Study from Climate Transparency shows that while green finance among G20 nations has been stepped up, legacy commitments to fossil fuels mean countries will miss “well below 2 degree” warming limit set at Paris Agreement. Fossil fuel spending still four times higher than renewable spending, Oil Change International report also finds.
UK: ministers admit country ‘has work to do’ to meet 2020 goal of 15% renewable energy
Figures released by U.K. government ahead of the G20 Summit show U.K. was at 8.9% renewable energy penetration at the end of 2016. EU target for 2020 is 15%, and Conservative ministers admit there is still work to do.
California’s C&I solar sector thrown into chaos with TOU changes
California regulators are proposing to move C&I customers onto pending time-of-use rates starting on August 1 – despite a lack of clarity as to the details of those rates.
Three-year window to limit worst effects of climate change, experts warn
Scientists, governments and business leaders sign letter published in the journal Nature that says the world has just three years to act in order to avert dangerous levels of climate change.
Spain’s 3 GW auction shifted to July 26
The Spanish Minister of Energy Álvaro Nadal said that this auction will have a more balanced approach towards the competings technologies, which are exclusively solar and wind.
India: UPNEDA issues draft Solar Power Policy 2017
The draft Uttar Pradesh Solar Power Policy 2017 aims to encourage participation of the private sector and provide investment opportunities in India’s most populous state.
Suniva demands GTM Research retract ‘inaccurate report’
The company says the central assumption of the report – a $1.18 per watt floor price – is wrong and that the headlines resulting from the report could harm its trade case.
