The amount of renewable energy that came in cheaper than the most competitive fossil fuel option doubled last year, according to new analysis from the International Renewable Energy Agency (IRENA).
Annual investment in solar and wind generation in the Asia Pacific region could double to US$1.3 trillion by 2030 compared to the previous decade, with policy targets and cost declines boosting growth, according to research firm Wood Mackenzie.
Polysilicon manufacturer Daqo New Energy is set to proceed with its initial public offering after completing its registration with the China Securities Regulatory Commission (CSRC).
Major system-wide benefits are obtainable for European power producers that quickly replace coal with renewable energy, from avoiding fuel and carbon costs to new power export opportunities.
NextEnergy Capital Group (NEC) has raised an additional US$232 million for its international solar fund, as it targets PV projects in OECD countries such as the US, Portugal, Spain, Chile and Italy.
Senator Jon Ossoff has introduced legislation that would establish a tax credit for US-based solar manufacturers to help them better compete with Chinese rivals.
