Solar on course to become the world’s cheapest source of energy within the next 10 years
The dramatically falling costs of solar energy from the supply chain to the final product could see the average global price of solar power become cheaper than coal within the next 10 years, according to Bloomberg New Energy Finance, which is a position echoed by other experts.
OPIC and MNRE launch $20m Indian clean energy fund
U.S. Overseas Private Investment Corporation partners with India’s Ministry for New and Renewable Energy to launch USICEF – a fund designed to spur wider public and private financing for renewable power generation in the country.
8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
10 Indian states account for 90% of country’s large-scale solar, finds Mercom Capital
State-by-state analysis of India’s installed ground-mount and large-scale solar pipeline finds that the country’s solar strength is centered on just ten states.
Kenya is keen to expand solar deployment
A survey conducted in Kenya by Vulcan Impact Investing and mini-grid operator Steama.co, found that those who had benefited from solar mini-grids were eager for more solar power, while also highlighting how the technology had weened communities off kerosene and batteries.
Canada’s Alberta government aims for 50% solar power
Government of Alberta posts request for information to explore the possibility of using solar energy to meet half of its energy needs, replacing existing green energy contracts that are set to expire.
India loses solar appeal at World Trade Organization
Appeal to overturn U.S. complaint that India’s domestic content requirement for its solar power sector is discriminatory rejected by the WTO, as expected. India has lodged similar trade case against U.S.
Huawei edges out SMA as leading global inverter by shipments, finds GTM Research study
The Chinese giant shipped the most inverters in 2015 in terms of MWac, pushing SMA into third place behind Sungrow; positions switched in terms of revenue, with SMA holding on to top spot despite pressure from Huawei and Sungrow.
Portugal adds only 1.1 MW of solar in four months
Portugal added only 1.1 MW of solar PV in the first four months of 2013. The Mediterranean country is on track for EU renewables targets, but thanks to wind and hydro.
Portugal: Renewables supply 70% of power in Q1
Seventy percent of Portugal’s power generation came from renewable energies, mainly hydroelectric power and wind energy, in Q1 2013, according to the country’s grid operator, Redes Energéticas Nacionais (REN). Despite this record, photovoltaic energy still fails to have significant presence in the energy mix.
