Mexico

The sky’s the limit: How solar and storage can set a post-Covid-19 example

The airline industry has been among the hardest hit by the Covid-19 pandemic; carriers are in ‘freefall’ as Glen Peters, research director at the Center for International Climate and Environment Research in Oslo recently wrote, with governments mulling stimulus packages for airline bailouts. How we react to the coronavirus outbreak is crucial for society as a whole and the solar and energy storage industries can lead the charge in rewriting the status quo.

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More solar power deals pop up in Latin America

Big clean energy supply contracts have been announced in Brazil, Mexico and the Dominican Republic.

Germany tops global league table for renewable energy

A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.

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Solar-plus-storage will start to make big inroads in the year ahead

By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.

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Engie, Tokyo Gas secure $60m loan for Mexican renewables portfolio

The private sector subsidiary of the French Development Agency is backing the construction of four solar power plants and two wind farms with a combined generation capacity of 900 MWp.

JinkoSolar supplies 950 MW to X-Elio for PV projects in Spain, Mexico

The Chinese solar manufacturer has delivered its ultra-high efficiency Cheetah 72 modules for 575 MW of capacity that X-Elio is developing in multiple locations across Spain, in addition to roughly 375 MW for two projects in the Mexican cities of Veracruz and Navojoa.

Clean energy must be rolled out six times faster

To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.

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Solar Power Mexico: rising to the challenge

Organizers of the Solar Power Mexico 2020 exhibition face a difficult task of replicating the success of the first edition of the event, which took place this year and had participation of 78 exhibitors and more than 5,000 visitors. Next year’s event will be held from March 24 to 26 at Centro Citibanamex in Mexico City.

Canadian Solar sees turnover and profits retreat

The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.

IRENA predicts LCOE of solar will drop to $0.01-0.05 by mid century

The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.

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