Governments should focus on mini-grids as a means to enabling access to reliable electricity for hundreds of millions of people that don’t yet have it and mini-grids using solar and batteries have matured as a technology class, but financing such projects remains problematic, a new report has found.
Regulator’s new figures show renewables will account for 25% of all US electrical capacity by 2022 whereas coal will drop to 18.63%, according to analysis by Sun Day Campaign.
Feed-in tariffs (FiTs) in Japan for solar PV systems have now been provisionally set by the national Ministry of Energy Trade and Industry (METI) for the next financial year, which begins in April.
Claims that net-zero goal and 2.5TW of PV are ‘technically and economically feasible’ by mid-century come as reports suggest Beijing could axe large-scale PV subsidies next year.
WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.
Smaller companies are finding it increasingly difficult to enter the Indian large-scale solar market and partake in the multi-gigawatts of competitive auctions for PV capacity.
The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.
Renewable energy O&M analytics software provider QOS Energy has opened an office in New Delhi, India, to meet growing demand from the booming Indian market.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
