News

The economics guiding U.S. investments in electricity generation have reached a historic tipping point: combinations of solar, wind, storage, efficiency and demand response are now less expensive than most proposed gas power plant projects. According to a new report by Rocky Mountain Institute (RMI), portfolios of these clean energy resources can provide the same energy and reliability services as traditional gas power plants — but cost less.

Fraunhofer ISE in Germany was one of the first to experiment with combining solar and farming on the same land. Its early research found doing so increases the productivity of the land significantly — up to 60% or more in some cases.

On August 9, a thunderstorm caused 1.5 GW of generation capacity to go offline within seconds in the U.K. The incident caused millions of households to temporarily lose power but the situation could have been considerably worse if not for the country’s battery storage reserves.

Bacolod is expected to host its first large scale PV project within a year after domestic renewables firm Amatera signed a deal with Korean business TPC Construction Corp.

The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.

Kyocera’s 13.7 MW floating project at the Yamakura Dam was damaged by 120mph winds the typhoon brought to the coastal city of Chiba. Firefighters said the blaze may have been generated by the strong heat produced by panels stacking up.

The Japanese multinational lender is making its second investment in the Swedish start-up. The funds will help the company ship its first products next year.

Brazil’s biggest lender has launched three tenders to select solar facilities to supply it with power through leasing. The central bank expects to buy around 4 GWh of electricity per year for the Federal District and another 2 GWh in the states of Goiás and Pará.

Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.

The debt saddled renewables project developer has signed off on the sale of two wind farms in Shanxi at a loss of RMB40 million on investment. The sale will contribute up to RMB251.5 million to help pay off the parent company’s debts

After more than six years of scientific and technical research efforts in the solar sector, the Qatar Environment and Energy Research Institute (QEERI) is now targeting a major role in the industry itself.

Lightsource BP has started construction of a 70MW trio of Pennsylvanian solar projects that will provide power to Penn State University.

Subsidies are not the answer for Italy to revive its solar industry from the deadlock brought about by the scrapping of feed-in tariffs (FiT), operators have warned at an industry event.

Solar PV has seen a “meteoric rise” over the past decade, with more capacity installed than any other power source, according to a new report by BloombergNEF and the United Nations Environment Programme (UNEP).

The latest project to be switched on in Nigeria’s solar electrification programme for universities is also thought to be the largest ‘hybrid’ plant of its kind on the African continent so far, inaugurated this week at Bayero University Kano (BUK).