Renewable Energy

Solar module prices set to fall 35% in 2018 – BNEF

According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday. The halt to utility-scale PV projects and

Renewables lobby questions economics behind Wylfa Newydd nuclear investment

The UK’s renewables lobby has scrutinised the government’s decision to directly invest billions of pounds in Hitachi’s proposed nuclear project, suggesting renewables to be a far cheaper and quicker way of decarbonising the country’s power.Yesterday energy secretary Greg Clark confirmed to parliament that the government had entered into negotiations with Hitachi’s nuclear unit Horizon Nuclear

Why energy storage is key to a global climate breakthrough

When Vaclav Smil writes about energy, the world pays attention. “I wait for new Smil books the way some people wait for the next Star Wars movie,” Bill Gates once tweeted.Smil is a professor at the University of Manitoba, and one of his key arguments is that the world is unlikely to transition away from

Solar a ‘new backbone’ of global power, Vattenfall says

Solar stands to be a “new backbone” of the power sector as it cements its status as the world’s “dominant new build generation technology”, Vattenfall’s head of solar and battery storage has said.Earlier this year the Swedish state-owned utility announced that it was to invest €100 million in European solar deployment over the next two

Companies are using California homes as batteries to power the grid

Every new home in California is going solar by 2020. If solar-energy companies have their way, those homes also will come with batteries.Companies like Tesla and SunRun are starting to bid on utility contracts that would allow them to string together dozens or hundreds of systems that act as an enormous reserve to balance the

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