The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition. In Australia, solar is expected to break through the coal-fired electricity price barrier next year, when its cost falls to US$48/MWh, WoodMac finds.
Study claims that investment in a new 1GW nuclear power plant leads to average losses of approximately 4.8 billion euros. It further argues that the technology’s dangerous radioactivity emissions and proliferation risks do not qualify it as a ‘clean’ energy solution to be considered for addressing climate change. Yet still, governments are incorporating the technology into clean energy plans around the world.
United Kingdom-based Highview Power has contracted with U.S. energy developer Tenaska to pursue gigawatt-hour scale cryogenic energy projects in the U.S. Highview reports a storage cost of $140/MWh at industrial scale; the firm currently operates a 5 MW pilot facility in England.
Wholesale prices in the National Electricity Market have climbed significantly in recent years. The increase has coincided with a rapid increase in the proportion of electricity supplied by wind and solar generators. But that needn’t mean the increase in wind and solar generation caused the increase in prices. It might have been caused by other things.
Research on bifacial solar panel performance has moved performance analysis closer to a standardized practice than ever before. More field tests are underway across the United States, and the first waves of data are expected this year. These tests will help standardize a predictive model for bifacial projects that is bankable.
Vote Solar and Solar United Neighbors in the United States have launched the “I love My Solar” postcard campaign to celebrate two million solar installations nationally. This campaign could be a step towards a larger role that solar consumers could play in American politics.
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