Solar and storage among key drivers of a transformation IRENA believes could unlock US$98trn GDP boost, tapping into green principles to turn the page from this year’s economic shock.
New deal will see green energy body IRENA assist with large-scale roll-out of solar and others, a plan for continent to tap into its vast renewable resources to power its response to COVID-19.
Firm finds PV power plant project merger and acquisitions were the only bright spot in the global solar funding sector in Q1 2020, as corporate project funding sharply declined year-on-year.
Consultancy cites project delays and financial fallout as it cuts its pre-pandemic 2020 global solar installation forecast by 18% from 129.5GW to 106.4GW.
Asia, US, Australia, Spain are among the highlights of year for which IRENA found 98GW of new solar installs, an estimate below the 110-120GW range offered by different analyses.
Solar EPC specialist joins speakers of UNEF webinar to spell out its steps to weather the pandemic so far and its broader views on how the solar will be transformed by the crisis.
Kingdom pre-selects ACWA, First Solar, Marubeni, Masdar and others for projects ranging from 20MW to 600MW, with ultra-low prices heralding new PV boost in Middle Eastern kingdom.
Taking a more pessimistic view of the impact of COVID-19 on the end-market demand for solar installations in 2020, IHS Markit expects global installs to decline 16% to 105GW in 2020, compared to around 125GW in 2019.
PV Tech speaks to Ma Rui, Huawei’s director of smart PV for the Middle East and Africa, about the incorporation of artificial intelligence in solar PV, the firm’s growth in the MENA region and how competition in the sector can drive research and development.
Supply chain delays will not trouble developers as much as return-crippling exchange rates, says consultancy Rystad Energy as it trims PV annual growth forecast from 140GW to 126GW.
