$758 million financing for the first PV-CSP plant in Latin America
Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert
US: Rush to gas risks hundreds of billions in stranded assets
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
EBRD arranges financing for 50 MW project in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.
Are the big Chinese powerhouses coming to America?
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market.
BNEF: Electric vehicle sales expanding rapidly, e-buses to dominate by 2030
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
How solar emergency microgrids provide resilience to vulnerable communities
In this op-ed for pv magazine, Clean Coalition’s Frank Wasco explores how microgrid projects by Solar Saves Lives and other organizations show that communities can build back right and prepare for natural disasters.
Hurricane Maria moves Solartech Universal’s expansion to South Florida
Solartech Universal plans to expand its current 80 MW/year capacity by 180 MW/year. The company is seeking a facility in South Florida.
India may miss solar PV target, says CEO survey
The country will achieve solar PV capacity of 50 to 75 GW by 2022 – a little over 60% of the 100 GW target. Total rooftop capacity will be less than 10 GW.
The Weekend Read: Technology is accelerating
Research and development: Martin Green has attended the SNEC every year since its inception. During that time, he and his University New South Wales (UNSW) collaborators have driven a wide range of innovations within the Chinese and global PV manufacturing sector. Green, a Scientia Professor at UNSW and the Director of the Australian Centre for Advanced Photovoltaics shares his take on PV technology in 2018.
