London readies new plan to embrace solar

A reverse solar auction is to be run for London homeowners under plans outlined by the mayor Sadiq Khan today, which place community energy schemes at the centre of the city authority’s plans while shutting the door once and for all on a rumoured London feed-in tariff.

BayWa benefiting from increased solar component demand and project sales

BayWa r.e. the renewable energies business unit of diversified German company BayWa has significantly increased revenue in the first half of 2017, having developed and sold PV power plants and increased sales of PV modules and inverters by around 50%, compared to the prior year period.

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.