Solar to suffer as Australia drags heels on National Energy Guarantee, says BNEF
Proposed National Energy Guarantee program could see investments in solar and wind power fall dramatically should PM Turnbull overlook stricter 2030 emissions reduction target, Bloomberg New Energy Finance reports.
Enel breaks ground on 8 MW solar park in Panama
The Estrella Solar project will be completed in June 2018 and will be realized thanks to an investment of US$8 million.
Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh
The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.
Equis Energy commissions 47.5 MW of solar projects in Japan
The three solar plants are located in Aomori Prefecture, Japan, where the Singapore-based renewable energy developer’s solar portfolio now comprises 10 operational PV plants, and another under construction.
Rooftop PV key driver of 2017 installation forecast hike in China
With at least 22 GW of combined solar PV capacity, rooftop solar PV uptake and solar projects built before they have secured quota stand out as the key drivers behind increased 2017 installation forecasts in China.
Italy: Clarity on fiscal breaks for sustainable PV investments
The Italian government-run energy agency, GSE has made it clear that the so-called “Tremonti ambientale” fiscal incentive can only be combined with the incentives of the first two Conto Energia programs.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Potential for PV to snap significant share of $40 billion distributed energy industry in frontier markets – BNEF
There is potential for solar PV and storage to snap a significant share of the distributed energy industry in frontier markets, says BNEF. Both telecoms and agriculture present interesting opportunities; SE Asia is an emerging micro grid hotspot; pay-as-you-go solar is seeing strong growth; and China is recording substantial business.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
DNV GL: AI will make renewables more efficient
A paper published by consultancy DNV GL forecasts major growth in the use of artificial intelligence (AI) applications within renewable energy, and outlines the risks and opportunities of such technologies.
