PV trends of 2020: Part 2
Despite much of the world being on lockdown for a big chunk of 2020, there are few who could say it has been an uneventful year. And while the ongoing Covid-19 pandemic will be what defines 2020 for many, in the solar industry there’s plenty more to shout about, from the rapid rollout of high-powered modules to a drastic increase in carbon-neutral pledges from companies and governments around the world. Across five installments, pv magazine takes a look back at the year in solar. First up were the U.S. election and carbon neutral pledges. Today, we’re talking about auctions and green bonds.
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.
Dubai confirms Saudi’s ACWA won 900 MW solar project tender with $0.016953/kWh bid
The Dubai Electricity and Water Authority said the solar generation capacity is expected to come online in the second quarter of 2021. The tender will constitute the fifth phase of the mammoth 5 GW Mohammed bin Rashid Al Maktoum Solar Park.
