India ranked the world’s most attractive PV market by Ernst & Young
The latest edition of the accountant’s renewables attractiveness index has placed the nation in top spot for photovoltaics, helping it to fourth spot for overall clean energy investment. Mexico has been hammered by the government’s attitude to clean power and France has also slipped, four places.
‘China renewables will hit grid parity with new-build coal next year’
Analyst WoodMac says South Korea, Thailand and Vietnam will also join India and Australia next year, among the nations where clean energy projects are cheaper than new coal power plants.
Japan’s sixth solar auction concludes with lowest bid of $0.095/kWh
Around 368.8 MW of PV projects were allocated in the sixth round of Japan’s procurement program for large-scale solar. The lowest price offered was ¥10.00/kWh ($0.095) and the highest ¥12.00, for an average price of ¥11.49.
Toshiba and Siemens Energy pledge to walk away from coal-fired power business
The Japanese tech giant and German power company have followed the lead of General Electric by promising not to take on any new coal power station contracts.
World could add more than 900 GW of solar by 2025 if politicians grasp the nettle – IEA
With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.
Toshiba and Next Kraftwerke prepare for Japan’s energy transition
The electronics brand has announced plans for a virtual power plant aggregator JV with German specialist Next Kraftwerke ahead of the opening up of the control reserve market in Japan in April – and the planned switch from clean energy FITs to feed-in premium, top-up payments a year later.
Tokyo Gas issues green bond to fund acquisition of 694 MW of PV
The Japanese gas provider wants to acquire a 63.2 MW solar plant in Japan and a 631 MW PV facility in the United States. It has issued a JPY 10 billion ($95.9 million) green bond to finance these transactions and support its other operations.
‘China must put EV battery reuse at heart of net-zero ambition’
The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.
South Korea follows Japan with net-zero 2050 pledge
Re-elected South Korean president Moon Jae-in today declared he will follow-up on a campaign trail promise to eliminate carbon emissions by mid century. The announcement comes just two days after Japan’s new prime minister said he would accelerate his nation’s emissions target.
Japan’s largest solar-plus-storage plant is now operational
Softbank has energized a 102.3 MW solar park backed by 27 MWh of lithium ion storage capacity. The project was built on 132 hectares of land near the town of Yakumo, in the northern island of Hokkaido.
