New analysis by think tank Ember shows April surge saw European renewables reach shares not expected until 2025, amid claims earlier-than-predicted surge highlights need for flexibility.
AEMO: System dominated by flagship renewable duo is technically possible within five years if country acts to redesign energy market along principles of flexibility and security.
Major PV inverter manufacturer Sungrow Power Supply Co exported a total of 9GW of PV inverters to overseas markets in 2019, an 87.5% increase year-on-year, due to the significant decline in solar installations caused by policy changes in the Chinese domestic market stretching back to May 2018.
Investor KKR has picked up a 317MW portfolio of solar assets in India from Shapoorji Pallonji Infrastructure Capital (SP Infra) in a deal valued at US$204 million.
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.
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.
New deal will see green energy body IRENA assist with large-scale roll-out of solar and others, a plan for continent to tap into its vast renewable resources to power its response to COVID-19.
The ‘Solar Module Super League’ (SMSL) member expects continued quarterly losses in Q1 2020, given the COVID-19 related issues impacting its business operations in the reporting period.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
