China drags global clean energy investment to $333.5bn in 2017, finds BNEF
Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.
JinkoSolar eyes tech progress as firm cements module leadership position for Q3
Tier-1 Chinese solar company trains sights on greater cost optimization and higher efficiencies with half-cell and bifacial technologies as it assesses capacity expansions for 2018 following a strong Q3 that saw the firm retain its shipment leadership position.
Elon Musk comes good on 100-day, 100 MW South Australia battery promise
The Tesla chief laid down the gauntlet earlier this year, confidently tweeting that his team could have the world’s largest battery online within 100 days of signing the contract. The lithium-ion South Australia project was actually completed in 60 days.
Solar to suffer as Australia drags heels on National Energy Guarantee, says BNEF
Proposed National Energy Guarantee program could see investments in solar and wind power fall dramatically should PM Turnbull overlook stricter 2030 emissions reduction target, Bloomberg New Energy Finance reports.
Equis Energy snapped up by GIP in record $5bn renewables deal
The Singapore-based renewable energy developer has agreed to be sold to investment fund Global Infrastructure Partners. China Investment Corp, Canada’s PSP Investments and other co-investors are also involved in the deal, which is the largest yet seen for the renewable energy industry.
Solar costs will fall 60% over next decade to fuel PV adoption, says IRENA head
The International Renewable Energy Agency (IRENA) forecasts as much as 90 GW of new solar additions annually across the globe over the next few years, driving a 60% reduction in costs.
Taiwan solar merger mooted as Gintech, NSP and Solartech to suspend trading on Monday
Three of Taiwan’s largest solar cell and module manufacturers – Gintech, Neo Solar Power and Solartech – will suspend common stock transactions next week, prompting rumors that a merger between the three firms could be on the cards.
EU launches battery alliance
“Airbus for batteries”-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent’s storage value chain in face of Asian and U.S. competition.
