European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.
‘Solar Module Super League’ (SMSL) members, JinkoSolar, JA Solar, GCL SI, Q CELLS and Canadian Solar have announced supply deals, new project developments as well as new partnerships and awards this week.
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 French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
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.
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.
