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.
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.
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.
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.
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.
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.
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.
“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.
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