Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

Exclusive: UK installed 640MW of solar in Q1 2017

With the Renewable Obligation Certificate (ROC) scheme for UK-based solar incentives finishing on 31 March 2017, the domestic sector once again showed its resilience by installing a healthy 640MW during Q1 2017.

Movers & Shakers: Lightsource, Vivint Solar, Azure Power, Coronal & The Solar Foundation

In this week's Movers & Shakers segment, PV Tech focuses in solar jobs in the US, with the UK's Lightsource embarking on its pilot expansion into North America, and Panasonic's Coronal Energy likewise strengthening its North American operations with new strategic leaders. An early-stage investor exits India's Azure Power and The Solar Foundation launches a new online career platform, in other news.