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renewables auctions

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.

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.

Covid-19 weekly briefing: US residents ponder solar during lockdown, Aussie installers wonder what might have been and the Indian EV industry calls for help

Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.

Covid-19 weekly briefing: Merchant solar developers could seek shelter in return to subsidies and PPAs are being revisited, but at least the Irish are coping with lockdown measures

The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.

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Forestalia plans additional 1.3 GW of solar in Spain

The Spanish company plans to develop 66 solar and wind parks that will add 3 GW of renewable energy generation capacity in 50 municipalities near Teruel, Aragon over the next four years. Some 34 facilities will be solar plants that will add 1.3 GW as part of an investment of more than €2.4 billion.

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