Carbon Tracker analysis urges Asian state to ditch coal investments after finding solar will fully outcompete fossil fuel by 2025, followed by wind power in 2027.
Utility and subsidiary of Warren Buffett’s Berkshire Hathaway Energy aims to add 6.3GW of PV and 2.8GW of batteries by 2038, with storage part of ‘low-cost’ calculations for the first time.
Maturation of solar asset class into subsidy-free venture in some markets could see industry become better fit with utilities comfortable with power price swings, firm says.
U-turn by Trump administration may slow bifacial switch by Southeast Asian makers but will not stop technology from capturing utility-scale market by early 2020s, analysts tell PV Tech.
Win by UAE firm marks one of lowest tariffs seen to date in emerging solar, says World Bank's IFC as it backs maiden Scaling Solar tender in Central Asian state.
Solar already jumped ten-fold last year and could help Baltic state succeed in its move away from shale oil if clear targets are set, says review by global energy watchdog.
China-backed Cauchari complex hits one-million-panel mark after completion of second and third stages and could see Jujuy province produce 3GW of solar power within 10 years.