EY blog warns grid operators ‘the clock is ticking’

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

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Singapore preps SE Asia’s ‘largest public floating solar tender’

The water authority of the city state wants to procure a 50 MW floating solar installation on the Tengeh Reservoir that will be operational by 2021. Details were revealed today by technical consultant DNV GL.

Longi to spend $349m on new 5 GW module fab in Taizhou

The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.

Jinko supplied 351 MW plant in Vietnam

The Chinese manufacturer revealed it had supplied the modules to one of the largest PV facilities in the APAC region outside its homeland.

Solar, storage and wind can keep us on track as far as 2030

This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.

New solar cheaper than coal in Vietnam within three years

A study of the relative costs of generation using coal and PV has focused on Vietnam as a case study as the nation is dependent on costly imports of seaborne coal. Analysts paint a straightforward picture explaining why a planned 32 GW new coal pipeline should be shelved.

China confirms $435m solar subsidy budget for this year

The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.

PV leads the way as renewables threaten coal-fired power

With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.

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China reveals details of first 15 GW of grid parity solar

Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.

China confirms FIT level payments – but they will be ‘subject to competition’

The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.

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