Renewables could feed 60% of European grids by 2030, study finds
Report by DNV GL for the European Commission claims 60% integration of renewable energy in European distribution grids feasible by 2030 given infrastructure and regulatory support.
Solar energy emerging as cheapest power source in many parts of the world
By 2025, solar power in sunny regions of the world will be cheaper than power from coal or gas, according to a new Fraunhofer report for German think tank Agora Energiewende, which stresses that success depends on stable regulatory conditions.
SunPower posts 75% quarterly revenue increase for Q4
The U.S. solar company generated revenue of $1.16 billion in the final quarter of 2014, annual revenue for the year topped $3 billion.
SunPower close to completing world's largest solar power plant
More than 70% of SunPower’s 579 MW Solar Star project is on line in Southern California, with the world’s largest solar project on track for “substantial completion” in the second quarter, Tom Werner, SunPower president and CEO, disclosed today during a presentation of the company’s 2014 earnings.
Ghana: Energy Commission to create solar power market
The energy regulator is seeking to make solar energy a “game changer” in the country’s limited power market. Ghana continues to struggle amidst a national energy crisis.
Sungrow amassed 5.89 GW inverter orders in 2014
The Chinese solar inverter supplier maintained its domestic dominance with 3.8 GW shipped, while international orders amounted to 430 MW.
Solar panels add premium to home value, study finds
The Berkely Lab report found that PV systems have increased the value of homes significantly in eight U.S. states over a 15-year period.
Mexico: Pattern Energy and Cemex to develop 1 GW of renewables
The companies have formed a joint venture to develop renewable energy projects in Mexico. The announcement comes as Cemex launches a new energy division.
IRENA, SICA develop Central America Clean Energy Corridor initiative
The International Renewable Energy Agency (IRENA) and the Central American Integration System (SICA) aim to integrate more renewables into the Central American Electrical Interconnection System, which stretches from Guatemala to Panama.
Spain’s link to France boosts intermittent power
Spain and France have interconnected a new grid line that doubles the electricity exchange between the two countries. With a power capacity of 2 GW and capable of reversing the direction of flow of the energy exchanges between Spain and France in just 50 milliseconds, the new line is expected to boost renewable energy.
