Japan may surpass 2030 PV target of 64 GW within two years — RTS
Japan may reach its 2030 solar installation target of 64 GW about 10 years ahead of schedule, according to a new report by PV consulting firm, RTS Corp.
Updated: Silfab, Morgan Solar JV targets 30% module cost reductions, plans large-scale production
In a unique partnership, the two Canadian companies are set to integrate low concentration optic technology into standard solar PV modules, in a move which they say will see cost savings of up to 30% and a silicon reduction of up to 80%. A “significant” factory ramp up is underway, with large-scale plans in the pipeline.
Solar PV 2018: Installs of 111 GW, a polysilicon factory boom and $0.30/W for modules
On the back of high solar PV installs, which will smash records this year at just under 100 GW, BNEF’s optimistic demand forecasts place growth at 111 GW in 2018, rising to 121 GW in 2019. It further sees a polysilicon factory boom, with production 10% up on 2017; and module prices dropping to as low as US$0.30/W for market leaders.
BNEF summit: Low solar prices spreading spending doubt among Tier-1 firms
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
Solar deployment in developing countries soars by 54% YoY, finds BNEF
A total of 34 GW of new solar power generating capacity came online in 2016 in 71 emerging market countries, finds the latest Climatescope report by Bloomberg New Energy Finance.
Solar to suffer as Australia drags heels on National Energy Guarantee, says BNEF
Proposed National Energy Guarantee program could see investments in solar and wind power fall dramatically should PM Turnbull overlook stricter 2030 emissions reduction target, Bloomberg New Energy Finance reports.
Rooftop PV key driver of 2017 installation forecast hike in China
With at least 22 GW of combined solar PV capacity, rooftop solar PV uptake and solar projects built before they have secured quota stand out as the key drivers behind increased 2017 installation forecasts in China.
BNEF: China to install 54 GW in 2017
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
Global storage market to double six times by 2030, BNEF reports
Global cumulative storage deployment will double six times between 2017 and 2030 to reach 125 GW/305 GWh, with as much as $103 billion pouring into the sector, finds new report by Bloomberg New Energy Finance.
UK & Germany on course for 50% renewables by mid 2020s, finds BNEF report
Study carried out by Bloomberg New Energy Finance on behalf of Eaton and U.K.’s Renewable Energy Association finds economic drivers key to increased uptake in solar and wind, although back-up capacity required by 2040 likely to be similar to today’s levels.
