Huge Vietnamese solar park could hit 2.8 GW within a year
An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
Indian reliance on polycrystalline tech production leaves it trailing China
Polycrystalline PV technology, which is seeing its market share tumble on the global stage, still dominates India’s small solar manufacturing base and is emblematic of the R&D shortfalls in the sector, according to a survey of the state of the industry.
Auctions show Indian renewables still primed for growth
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables, despite pandemic disruption.
Global green hydrogen project pipeline reaches 50 GW
International thinktank IEEFA says there are 50 viable green hydrogen projects under development with an estimated renewable energy capacity of 50 GW and the potential to produce 4 million tonnes of the fuel annually.
Covid-19 weekly round-up: Predatory takeover fears, Ieefa takes aim at the IEA and diverse perspectives on e-mobility
Analysts appear divided on the effects the public health crisis will have on the EV market even as sales of petrol-engined SUVs soar in China. And Portugal is plowing on with its Covid-delayed national solar tender, an exercise which may help establish whether clean energy thinktank Ieefa is right to predict PV prices will continue to fall.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
Renewables can avoid crippling LNG and coal subsidy bill for Bangladesh
U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.
India’s 1 GW-plus ‘ultra-mega’ solar parks driving the energy transition
The nation hosts numerous gigawatt scale sites, two of which are the largest commissioned in the world. The huge PV parks have been instrumental in driving economies of scale and continue to attract global capital and some of the most recognized renewables developers.
Philippines wants auctions for 2 GW of renewables
The government is planning to introduce a procurement regime this year which the Institute for Energy Economics and Financial Analysis says could drive the price of clean electricity as low as PHP3/kWh. It is thought projects which missed the feed-in tariff scheme deadline will be eligible to compete in the auctions.
