Sunnova earnings rise as firm objectives to 'not just endure, but flourish' COVID situation
A significant US household installer has reported a rise in both incomes as well as revenues during Q2 2020, leading it to assert it is not only making it through the COVID-19 pandemic, yet growing.
Jul 31, 2020 // Residential, Markets & Finance News, USA, Sunnova, North America, William J. Berger, covid-19
Western Australia introduces AU$ 55m solar, storage investment in post-pandemic kickstarter
Western Australia will certainly spend AU$ 56.3 million (US$ 40.11 million) in solar power as part of a new renewable resource plan developed to kickstart the state's economy complying with the influences of the COVID-19 pandemic.
Jul 27, 2020 // Markets & Finance News, Australia, climate council, Oceania, covid-19, green recovery, Mark McGowan
Terawatt scale by 2022
The solar field is no stranger to breaking records. Probably the most remarkable figure to emerge from SolarPower Europe's new 'Global Market Outlook' is that the global solar sector will reach terawatt scale by 2022-- just four years after the 500 GW milestone was reached. Michael Schmela from SolarPower Europe sets out the reasoning behind this and also various other key searchings for in the record.
Jul 23, 2020 // Opinions, WORLD, covid-19, Terawatt, Michael Schmela
Iberdrola keeps foot on the environment-friendly accelerator in spite of US$ 180m pandemic expense
Iberdrola has actually hit the accelerator on its renewables financial investments in H1 even with the pandemic, as the international utility looks to move on with a project pipeline that currently goes beyond 58GW.
Jul 22, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Iberdrola, South america, Europe, Brazil, renewables, us, covid-19, utility, Ignacio Galan
As nations reopen, market recovery starts
As the Covid-19 pandemic slowly alleviates, countries all over the world have slowly begun to loosen up lockdown steps. Some nations have also released differing kinds of financial stimulation to sustain the solar industry. As opposed to others, the Chinese market is secure, as the country has had some success in controlling the infection.
Jul 21, 2020 // Opinions, China, Asia, covid-19, MARS CHANG
Universal energy access simply obtained harder
This year marks an uniquely critical juncture when driving to universal accessibility to inexpensive, trusted, lasting, and also modern power. The large disturbance triggered by Covid-19 makes complex the outlook to 2030, which is the time frame for reaching UN Sustainable Development Goal (SDG) 7, composes Rohit Khanna, supervisor of the World Bank's Energy Sector Management Assistance Program.
Jul 16, 2020 // Opinions, WORLD, covid-19, Rohit Khanna
Aerosols affect photovoltaic or pv generation in Europe
The German atmospheric solution, the Karlsruhe Institute of Technology and also solar forecaster Meteocontrol are checking out how weather condition events can be better factored in when forecasting solar energy generation. The Federal Ministry of Economics is funding the 'Permastrom' research project with EUR2.5 million.
Jul 16, 2020 // Technology, Germany, Europe, covid-19, Bernhard Vogel
New solar financial investment drops 12% as COVID-19 dents H1 2020 figures: BNEF
Investment in new solar ability fell in the initial fifty percent of 2020 by 12% year-on-year to US$ 54.7 billion as the COVID-19 pandemic hit both project funding and also set up public auctions.
Jul 13, 2020 // Markets & Finance News, BNEF, auctions, investment, finance, tenders, renewables, covid-19
Business solar funding stalls among COVID crisis as O&G companies drive M&A
Company solar financing fell by 25% year-on-year to US$ 4.5 billion in the very first fifty percent of 2020, but the decrease can have been much starker, brand-new analysis by Mercom Capital has actually located.
Jul 11, 2020 // Markets & Finance News, Raj Prabhu, covid-19, pandemic, o&g, Mercom Capital, solar finance,, investment,
Q Cells dedicates to three-year, EUR125m German R&D spend
The Korean company has committed to buy solar advancement in Germany each time when the EU as well as member states are seriously trying to kick-start the Covid-19 recovery.
Jul 9, 2020 // Markets & Finance News, Germany, Q CELLS, Europe, Hanwha Q Cells, covid-19
First-half solar funding fell by a quarter as Covid-19 little bit
The current PV financing report released by Mercom Capital had solar investment dropping virtually entirely across the board with the number of new solar funds introduced in the last 3 months providing an unusual piece of excellent information.
Jul 9, 2020 // Markets & Finance News, Market Research, California, USA, Arizona, Engie, Virginia, Asia, Singapore, North America, Taiwan, covid-19, Arkansas, United States, Mercom Capital
Easing of Covid lockdown assisted German large solar in May
The country included a year-high of nearly 450 MW of brand-new ability throughout the month to take the five-month total amount for 2020 to 1,926 MW. The solar aid will fall one more 1.4% from tomorrow.
Jun 30, 2020 // Markets & Finance News, Germany, Europe, covid-19
German PV manufacturing tools suppliers see worst sales slump since market hit rock bottom
Industry body the VDMA stated company fell 55% from the final three months of in 2015 to the very first quarter of this year for the most awful resort since 2012. The nature of the order book and sales numbers can both be clarified by the international progression of Covid-19, according to the organization.
Jun 25, 2020 // Manufacturing News, Markets & Finance News, Malaysia, Germany, China, Europe, Asia, Jutta Trube, North America, covid-19, United States
India can come to be electrical vehicle manufacturing center within 5 years: Nitin Gadkari
The sector requires to reduce a dependence on electric vehicle battery imports from China, according to the roadway transport preacher, who stated the government is wanting to support research study into alternatives to lithium-ion innovation.
Jun 23, 2020 // Storage, India, Asia, EV, covid-19, Nitin Gadkari
Worldwide solar ability may get to 1,448 GW in 2024
SolarPower Europe has anticipated the volume of new PV capability added this year will certainly be 4% less than last year's number due to the Covid-19 crisis. At the end of 2019, the globe had actually covered 630 GW of solar. For 2020, around 112 GW of brand-new PV capability is expected, and also in 2021, newly mounted capability could be 149.9 GW if federal governments sustain renewables in their coronavirus economic recuperation plans.
Jun 17, 2020 // Markets & Finance News, Japan, Spain, Portugal, Germany, India, South Korea, China, Ukraine, Australia, South america, Europe, Brazil, Asia, Oceania, United Arab Emirates, North America, Vietnam, WORLD, covid-19, United States