Nevada solar moved up in a big way earlier this week, with the state legislature passing several bills to ensure the industry will return to its former heights.
Today’s surprise general election result of a hung parliament has led to increasing concern within the renewables industry that the government’s eagerly anticipated Clean Growth Plan (CGP) could be delayed once more.
Australia’s chief scientist Dr Alan Finkel has delivered his major energy review to the Australian government recommending various changes that will impact the solar PV sector.
Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.
The International Renewable Energy Agency (IRENA) and the State Grid Corporation of China (SGCC) are collaborating on efforts towards the energy transition, including work on integrating high quantities of wind and solar power, interconnections and smart grids.
The International Finance Corporation, a member of the World Bank Group, announced Wednesday that it will provide a financial package of US$55 million to build Mozambique’s first utility-scale PV project.
Residential solar provider Vivint Solar announced Thursday that it plans to re-enter the Nevada solar sector, with the company offering its residential PV systems to residents within the state.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
Following on from the successful year for solar that was 2016, the US market added 2,044MW of new capacity in Q1 2017 alone. As installations grow, prices continue to fall to new lows and utility-scale system prices dropped below US$1/Watt for the first time according to GTM Research.
