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.
In other Golden State developments, LA City Council green lights 8minute's 400MW/1,200MWh solar-plus-storage hybrid, set to supply utility LADWP starting 2022.
Heidelberg-based firm turns to Southern European state for first unsubsidised solar venture after deploying conventional projects in Germany and the UK.
Figures from energy watchdog RAE show latest PV-specific tender has triggered 148.64MW in bids, down from the 287.11MW pot of contracts offered by Athens.
CaixaBank, DNB, KfW IPEXBank, Natixis, SMBC and Societe Generale pump US$580m of debt into Andes Renovables platform, meant to deploy 1.3GW of wind and solar by 2022.
Project in Sirdarya follows Helios’ deal for 40MW extension to 300MW-plus Namagan complex and adds to PV growth in Central Asian state, lately known for ultra-cheap solar ventures.
Retail giant and Silicon Valley firm say they have ‘resolved the issues’ raised by the former, which had linked rooftop blazes to Tesla’s alleged 'negligence’ with PV installs.