Industry body SolarPower Europe is trying to stay bullish about the lingering effects as the continent starts to come out of lockdown and one analyst has predicted a healthy large scale solar market will carry the US through the crisis.
The Global Solar Council (GSC) held its general assembly at last week’s Solar Power International (SPI) in California, where it announced new board members and said it will work towards crafting a unified message for the solar industry. All five working committees of the council are expected to contribute to this new task.
A new report drafted by Bloomberg New Energy Finance (BNEF), the United Nations Environment Programme (UNEP), and the Frankfurt School-UNEP Collaborating Centre shows that global solar energy investments overshadowed all other forms of electricity generation in 2017. China is leading the pack of the world’s largest renewables investors, followed by Australia, Mexico and Sweden.
The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.
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