Report calls for decisive scale-up of investment to help solar supply a quarter of global energy by mid-century, slashing worldwide CO2 emissions by 4.9 gigatonnes in the process.
The funding will go towards the development of four plants contracted to generate energy for Spanish oil giant Repsol and move the manufacturer-turned-developer closer to its aim of deploying 3GW by 2023.
Top US residential player posts Q3 2019 deployment volumes of 107MW and eyes 115-118MW in Q4 2019 despite warning that ‘tight labor market’ could hamper customer growth and order delivery.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.
The project will be contracted to Coal India Ltd's subsidiary South Eastern Coalfields Ltd for 25 years, and help the coal major reach its national aim of becoming a "net-zero energy company."
Low-cost perovskite, cadmium telluride cells, PV field factories and grid integration of solar-plus-storage among research schemes bagging US$128m DoE funds after import barriers were tightened.
Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
WoodMac: Coal’s bleak future and nuclear shutdowns mean milestone lies within reach Europe-wide even if UK could overshoot it while France, Spain, Italy, Germany miss it.
