World Bank: Off-grid solar reaches 420 million people globally
New report finds off-grid solar has come a long way but continues to require major investment to serve the remaining 840 million people that still have no access to power.
New report finds off-grid solar has come a long way but continues to require major investment to serve the remaining 840 million people that still have no access to power.
Dubai solar developer walks PV Tech through component suppliers, construction challenges and LCOE benchmarks of plant off the coast of a luxury resort island in the UAE.
Prices dropped to a three-year low as combined solar and wind output rose to 14% share of the supply mix on Australia's largest power grid.
Funding will back 18 PV plants in Spain of around 900MWp capacity awarded to Zero-E Solar in a 2017 auction, alongside various clean energy projects in the Netherlands, Austria and Italy.
Spanish renewables firm estimates that construction of 250MW plants will require investment of US$532 million.
Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.
Bid of QAR0.0571/kWh (US$0.01569/kWh) for 800MW project planned west of Doha beats previous auction records secured in Portugal and Dubai.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
Renewable energy firms in Sub-Saharan Africa become one of the targets of UK government-owned CDC Group's US$400 million spree.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
Roadmap backed by development financier will see solar–battery–diesel mixes replace diesel-only mini-grids across 48 islands.
Market research firm, IHS Markit expects global solar installations to continue double-digit growth rates in 2020, forecasting new installs to hit 142GW, a 14% increase over 2019.
The completed project for Jentec Storage is the latest in a flurry of C&I activity by Total's solar distributed generation arm in the region, including a contract to supply rooftop PV to an airport that will cater to Indonesia's future capital Borneo.
Leading PV industry association says 2GW of small-scale generation could be installed over a 12 month period as a much-needed supply source amidst national power crisis.
Purchase of 25% stake in AEML division by sovereign wealth fund QIA will fund plans to power part of one the world's largest cities with solar and wind.
