Jenny Chase predicts up to 194 GW of solar this year
Falling module prices will help PV post another record year after an estimated 132 GW was installed worldwide in 2020, according to an energy transition investment trends report published by Bloomberg New Energy Finance.
China could drive 4.2 TW of solar capacity by 2050 under decarbonization plan
The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
IRENA raises carbon price issue in green hydrogen policy guide
Guide to drawing up national green hydrogen strategies acknowledges the global hydrogen economy could fail to take shape if any of the world’s powers decide to stick with fossil fuels to gain a price advantage.
Plans for 50,000 hydrogen-powered taxis in Paris
European electric transmission company body ENTSO-E has unveiled details of a project to install 11 GWh of electrolyzed hydrogen storage capacity across ten locations around the French capital by the end of the decade.
China will need 1.9 TW of solar by 2060 to hit net zero – WoodMac
The bill for full decarbonization of the economy – which is likely to see the decommissioning of no more than half the current coal fleet, with CCS doing some heavy lifting, according to the US-owned analyst – could come in at more than $5 trillion.
Daily news round-up: UK reveals details of next renewables auction, Iran’s first floating PV and more hydrogen
Taiwanese cell manufacturer Inventec Solar reportedly halted production this month and Ireland is preparing to remove rooftop solar panel restrictions, according to the Irish Independent.
UK’s Labour announces plans for 22 GW of new solar capacity by 2030
Although PV trails wind and nuclear in terms of its anticipated future footprint, the opposition party’s attempt to outflank left of center rivals on climate change has resulted in one of the world’s most ambitious national roadmaps towards a zero-carbon future.
Solar, storage and wind can keep us on track as far as 2030
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
