Search
European solar broke records in June and July yet even more progress needed
Solar PV plants generated 10% of the EU-27's electricity demand throughout June and July this year, new analysis by power thinktank Ember has found.
Aug 23, 2021 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Germany, Poland, Hungary, Europe, decarbonisation
Solar Accounted For 40% Of New United States Electricity Generation Capacity In 2019
A brand-new record by the Solar Energy Industries Association states solar power setups included 13.3 gigawatts to the supply of electrical power in the United States in 2019-- 40% of the total amount.
Mar 19, 2020 // Market Research, USA, North America, Abigail Ross Hopper
Biden suggests 10-year ITC expansion in US$ 2tn infrastructure investment strategy
United States President Joe Biden has actually included a 10-year expansion for the Investment Tax Credit for both clean power generation and also energy storage as part of a US$ 2 trillion framework investment strategy to be revealed today.
Apr 1, 2021 // Markets & Finance News, Policy, USA, ITC, North America, investment tax credit, congress, biden, biden administration
Qatar’s 800 MW tender draws world record solar power price of $0.01567/kWh
Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.
Jan 23, 2020 // Markets & Finance News, tender, Asia, Qatar
ReneSola Power Awarded 38MW of Solar Projects in Poland's Electricity Auction
ReneSola Ltd (NYSE: SOL), a leading completely integrated solar project developer, today announced that it was awarded 38 solar energy projects in Poland with capacity of 1 MW for each.
Dec 21, 2020 // Plants, Markets & Finance News, Poland, Europe, renesola, Yumin Liu, Josef Kastner, solar projects
Ukraine federal government provides retroactive FIT cuts and new auction policies to parliament
The Ukrainian government's meeting room have been stuffier than common recently, as policymakers and renewable resource industry reps attempted to thrash out a compromise to reduce the economic burden left on the management by a feed-in tariff incentive routine which drove almost 2 GW of generation capability. The resulting cuts to settlements, detailed listed below by Ukraine-based lawyer Svitlana Teush, have at the very least had input from both sides.
Jun 17, 2020 // Markets & Finance News, Policy, Ukraine, Svitlana Teush, Europe, FIT cuts
Tender for 15 MW solar park in Oman is a far-from-paltry financial investment
A'Namaa Poultry is looking for propositions for a solar energy plant. The project picked will supposedly safeguard a power supply bargain lasting approximately 25 years.
Mar 12, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, Oman, solar PV plant, A’Namaa Poultry
Solar sales recover for electronics brands LG, Kyocera and Panasonic
Korean conglomerate LG reports increasing demand for its high-efficiency PV products in key markets while Kyocera said its solar business is improving profitability. Panasonic posted a slight increase in sales for its PV segment, including solar manufacturing.
Nov 1, 2019 // Manufacturing News, Markets & Finance News, Japan, Panasonic, Kyocera, Asia, Korea, LG
Oman to host 25GW of solar and also wind for green hydrogen project
An international consortium has actually introduced plans for a hydrogen facility in Oman that will feature 25GW of solar and wind ability and generate countless tonnes of green fuels per year.
May 19, 2021 // Plants, Asia, hydrogen, Oman, green hydrogen, enertech, InterContinental Energy, OQ, Alicia Eastman
How Electric Cars and Renewables Could Beat Oil
This week on The Energy Gang: The economics of oil are beginning to be challenged by EVs paired with wind and solar.
Aug 17, 2019 // Transport, USA, electric cars, Europe, Oil, BNP Paribas, Trump administration
Solar and wind displace coal in 2020 however shift 'taking place far too slowly'-- Ember
Regardless of added solar and wind adding to a record reduction in global coal generation last year, brand-new renewable resource projects are still not being constructed swiftly enough to equal rising electricity need.
Mar 29, 2021 // Markets & Finance News, Germany, China, Europe, Asia, Market research, energy transition, coal replacement, net zero, Ember, paris agreement, Dave Jones
Infinigen Expands Solar Project with 15-MW BESS in Puerto Rico
Infinigen Renewables partners with FlexGen Systems to enhance solar project with 15-MW battery storage system in Puerto Rico. Commercial operation set for September 2025.
Apr 18, 2024 // Storage, USA, North America, Puerto Rico, Infinigen Renewables
Infinigen Expands Solar Project with 15-MW BESS in Puerto Rico
Infinigen Renewables partners with FlexGen Systems to enhance solar project with 15-MW battery storage system in Puerto Rico. Commercial operation set for September 2025.
Apr 23, 2025 // Storage, USA, North America, Puerto Rico, Infinigen Renewables
Egypt's New Energy Plans to Increase Renewable Energy Capacity by 55 GW
Egypt will certainly soon become a significant worldwide energy hub, according to the nation's elderly authority in the field. The nation inked countless projects in November that would certainly increase its current solar and wind power generation by over 55 GW.
Dec 16, 2022 // Markets & Finance News, Asia, Africa, Egypt, Mohammed Al-Khayyat
Turks and Caicos launches Clinton Foundation-backed energy strategy
The government of the Turks and Caicos Islands, utility FortisTCI and the non-profit Clinton Foundation inked a memorandum of understanding (MoU) on Wednesday to kick off the initiatives in the country’s new energy transition strategy.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, ENERGY STORAGE, utility-scale PV, Caribbean, fortistci, rocky mountain institute, clinton foundation









