Hungarian solar is on the rise but much needs to be resolved
PV deployment is gathering pace in the EU member state but grid capacity shortfalls and unpredictable shifts in government policy need to be addressed if the nation is to harness its full solar – and European energy security – potential.
Solar LCOE may drop to $0.018/kWh in Africa by 2030, says IEA
The International Energy Agency’s latest “Africa Energy Outlook” report says grids will need to be expanded, along with natural gas exploitation, if everyone in Africa is to have access to electricity by 2030. On the solar front, the document predicts a levelized cost of energy of $0.018/kWh to $0.049/kWh by 2030 – cheaper than wind power or gas.
Global energy investment in 2017 moved away from energy security and sustainability goals, finds IEA
Following a strong year for clean energy spending, 2017 saw a 7% decline in renewable power investment – to around $298 billion – while the share of fossil fuels in energy supply funding rose for the first time since 2014, according to the International Energy Agency in a report published today.
