BNEF: Electric vehicle sales expanding rapidly, e-buses to dominate by 2030
Bloomberg New Energy Finance says EVs will make up 44% of all new vehicle sales in Europe by 2030, 41% in China, 34% in the US and 17% in Japan. India trails with only 7% forecast. Buses, globally, will go electric at great pace.
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
How solar emergency microgrids provide resilience to vulnerable communities
In this op-ed for pv magazine, Clean Coalition’s Frank Wasco explores how microgrid projects by Solar Saves Lives and other organizations show that communities can build back right and prepare for natural disasters.
Hurricane Maria moves Solartech Universal’s expansion to South Florida
Solartech Universal plans to expand its current 80 MW/year capacity by 180 MW/year. The company is seeking a facility in South Florida.
Solar, wind will drive the value of energy storage in the US
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.
Panasonic to hire 80 workers at Tesla’s US gigafactory
The Tesla/Panasonic gigafactory is taking on more workers, as a sign of health. However many details remain unclear.
Jürgen Stein steps down as SolarWorld Americas CEO
As what may be the first sign of many changes, the President and CEO who led SolarWorld through the Section 201 case is being replaced by a restructuring veteran.
United States: Republicans request utility-scale solar panel tariff exemption
A group of eight Republican senators has sent a letter to the U.S. Trade Representative and other federal agencies calling for utility-scale solar panels to be exempt from the Section 201 tariffs.
Silver prices to fall by $4/toz by 2030, World Bank says
A recently published report on commodity markets published by the World Bank indicates that the recent decline in commodity prices for silver is likely to continue over the next 10-20 years. The looming trade dispute between the U.S. and China is impeding investor trust, as future outlook remains murky.
SolarEdge posts 82% revenue growth, announces acquisition of Gamatronic
GAAP gross margin improved 4% year-on-year, while shipments grew by 345 MW in the most recent quarter. Through the acquisition of the U.S.-based UPS provider, the Israeli inverter supplier makes its first move outside of the pure-play solar sector.
