World

Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.

The next decade will see the Asia-Pacific region cement its position as the global leader for the deployment of non-hydro renewables, with over 500 GW of new capacity being added. BMI Research published the finding last week as a part of its Global Renewables Forecast.

While bifacial panels may capture up to 10% more light than monofacial panels, single-axis trackers typically add 25% to that bifacial gain, resulting in a roughly estimated 12.5% gain from the two technologies combined, compared with fixed installs using monofacial panels.

Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.

Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: when will renewables become the dominant source of energy?

The Danish wind turbine producer to explore further development of hybrid renewable energy plants that combine wind, solar and battery storage at single location as wind growth rates ease in face of market consolidation.

The decorated PV pioneer will step aside from his role as Trina Solar’s VP and chief scientist on February 12 in order to devote more time to his family life.

Rocky Mountain Institute As of 2016, approximately 1 gigawatt of renewable energy capacity has been installed on mine sites globally, and current projections show that number reaching more than 1.4 GW in the next five years. What’s causing this shift in the mining industry? And does your company risk getting left behind? What can you do now to keep […]

An academic event held last week in the U.K. presenting the results of two major research projects on energy storage provided an update on the current and future directions of battery storage technology and development.

Australian PV project developers and rooftop installers are unlikely to benefit from module price declines as a result of U.S. solar tariffs. GTM Research analysis reveals that while the tariffs will likely cause an American solar market decline of 11% in 2018, it will not leave Chinese suppliers scrambling to find buyers.