Analyst predicts extent of rise in this year’s solar capital costs
Wood Mackenzie this week made a slew of predictions for the industry in 2022 and noted the effects the US’ recently announced anti-circumvention investigation is already having on utility scale plans.
Solar supply chain trouble to ease this year, according to analyst
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
China to add 619 GW of solar this decade
Indonesia will catch the eye too over the next nine years, according to analyst WoodMac, as its market grows from 300 MW to 8.5 GW.
WoodMac predicts 30% drop in Asia-Pacific front-of-meter battery costs by 2025
A new Wood Mackenzie report suggests that costs for front-of-the-meter battery storage systems in the Asia-Pacific region could fall by 30% by 2025. The declining costs are already having a palpable impact, as 2021 has opened with a slew of large-scale battery project announcements.
India’s renewable power generation cost the lowest in Asia Pacific
The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
Greek EPC acquires 260 MW Australian solar portfolio
Metka Egn has announced the acquisition of six projects in the states of New South Wales and Queensland.
Oil and gas majors join rush to renewables in Australia and Pacific
Renewable energy investment in the Asia-Pacific region, excluding China, will overtake spending on oil and gas exploration and production by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
