Nobel Prize-winning auction geniuses want to apply their findings to renewables
Stanford professors Paul R. Milgrom and Robert B. Wilson were awarded the 2020 Nobel Prize in economics for developing a new auction theory and new auction formats for goods and services. Their findings were already successfully used in the electricity energy sector and may now meet the challenge on how to better shape clean energy procurements.
Trump pulls tariff exemption for bifacial panels – again
The U.S. president issued a proclamation on Oct. 10 that cites the impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
Islands on the horizon of hope: Canopy Power’s solar microgrid helps another island toward a sustainable future
Singapore-based solar plus storage microgrid expert Canopy Power has helped the Batu Batu resort on Malaysia’s Tengah Island reduce its dependence on diesel fuel through the installation of an integrated system which will cover a quarter of its energy needs.
Agrivoltaic project with vertically mounted bifacial panels goes online in Germany
German developer Next2Sun has completed a 4.1 MW solar plant built with roughly 11,000 bifacial panels provided by Chinese manufacturer Jolywood.
Another bumper year sees green bonds push through $1tn mark
Sustainability-linked debt financing is experiencing ever increasing popularity and the success of green bonds has driven other products linked to social performance and other sustainability criteria. The total volume of such investments to date passed the $2 trillion point this year.
World’s largest solar plant goes online in China
Huanghe Hydropower Development has connected a 2.2 GW solar plant to the grid in the desert in China’s remote Qinghai province. The project is backed by 202.8 MW/MWh of storage.
IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
Trafigura to develop 2 GW of renewables though partnership with Australian investment group IFM
Oil and metals trader will join forces with Australian investment group IFM to launch the new entity, which will develop solar, wind and energy storage projects – some of them supplying clean energy to Trafigura operations – as well as making acquisitions.
WoodMac: Tesla Battery Day 2020: Too good to be true?
Like most Tesla events, speculation and hype were at all-time highs after CEO Elon Musk hinted that something “very insane” would be revealed. He was not far off! Tesla detailed a completely new cell, along with plans to improve manufacturing, costs and shrink the battery supply chain. With such bold claims come many questions.
Chinese PV industry headed toward grid parity
Project delays and price changes due to fluctuating demand are disrupting the Chinese solar market. Researchers who have analysed the situation claim that the nation’s PV industry will be back on track toward grid parity by the end of the year.
