Total solar installations are to hit 115GWdc this year as the sector continues to record a robust recovery from the COVID-19 pandemic, analysis by Wood Mackenzie claims.
Solar is the “new king” of electricity, the International Energy Agency has said, with the asset class set to deploy more new capacity then any other technology each year for the coming decades.
IRENA finds world could save US$23bn per year if it replaced costly coal with cheaper solar and wind while Imperial College-IEA conclude green energy plays make more money at lower risk.
Clean energy segment has proved more resilient to COVID-19 fallout but current investment is 'nowhere near’ the levels needed to keep climate change at bay, global watchdog warns.
The International Energy Agency (IEA) expects renewables deployment to rebound next year, with the ongoing COVID-19 pandemic said to be “hurting, but not halting” growth.
Latest review comes to underscore once more the industry’s solid year prior to the chaos brought about by COVID-19, with Spain, Vietnam and Ukraine joining usual names on top-ten.
This month’s episode of the Solar Media Podcast is now available to listen to, with discussion centring around record low solar prices and tumbling LCOE forecasts.
Renewables will stand alone as the only generation class to experience growth in 2020 as the COVID-19 pandemic delivers the most seismic shock to the power sector since the Great Depression.
