Paris deal: Great for renewables, and a $46 trillion hit to fossil fuels
The fossil fuel industry is facing a US$33 trillion hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. RenewEconomy reports.
Czech renewable energy groups lobby EC over lack of FIT payment uncertainty
Renewable energy groups from the Czech Republic are meeting with the European Commission (EC) today to lobby against the countrys electricity market operator, which has refused to issue a 2016 pricing decision for renewable remuneration without confirmation of support from the EC. The groups are calling for an investigation into the situation.
Singapore awards 76 MW of solar under SolarNova auction
Sunseap Leasing Pte Ltd has been awarded the entire 76 MWp solar PV capacity under the first SolarNova tender in Singapore. The next tender will be called in the first half of 2016. Overall, 220 MW will be installed under the program.
India: 4.3 GW of solar expected in 2015/16 fiscal year, major industry concerns voiced
The Indian Government expects 4.3 GW of solar PV capacity to be added in fiscal year 2015/16. In the first seven months, just 936.8 MW were commissioned. In 2016/17, the government envisages 11 GW of solar. However, policy uncertainty and delays in state government initiatives are a “major concern” for the countrys solar industry, says Bridge to India.
AEP agrees to build 400 MW of solar in Ohio over the next four years
As the result of a settlement with the Sierra Club, Ohio may be installing far more solar than has been put online in neighboring states. The agreement is pending regulatory approval.
California regulators propose to keep solar net metering, with modifications
In a proposed decision, CPUC has called for the basic aspects of net metering to be maintained after 2017, along with a small interconnection charge, a move to time-of-use rates and other tweaks.
COP21: Paris climate agreement a watershed moment, says Irena
Agreement among nearly 200 countries to hold temperature increase to below 1.5C hailed as a progressive step by Irena, but green groups say aspirations are meaningless unless appropriate measures put in place.
Kyocera to hit 1.2 GW panel shipments by end of fiscal year
Push into the U.S. market has underpinned shipment expansion as the company enjoys strong growth in domestic large-scale market; expands storage and solar charging stations footprint.
Triton Solar signs deal for $100m printed solar cell fab in India
The U.S.-based developer of printed solar cells signs $100 million agreement to open manufacturing facility in Indian state of Karnataka; production set to commence as early as August 2016.
Trina Solar receives management buyout proposal
Chinese solar company receives preliminary proposal from CEO Jifan Gao and Shanghai Xingsheng Equity Investment & Management Co to take the company private; board reviewing the proposal.
