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
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
Advances in clean energy expected to cause a sudden drop in demand for fossil fuels, leaving companies with trillions in stranded assets
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 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
Is the requirement really cost-effective? Solar lease or purchase? Will new homes be net zero? And answers to other burning questions.
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
The increasingly competitive dynamic duo of solar photovoltaic plus battery storage is taking energy markets by storm
The price of domestic solar in the UK has failed to decline – and even rose marginally – in the two years since the feed-in tariff was revised, government statistics have revealed.Data released by the Department for Business, Energy and Industrial Strategy (BEIS) this morning revealed that between April 2017 and March 2018, the median
A 50MW solar farm has been approved at a former RAF airfield, giving UK-based firm Elgin Energy the greenlight to develop Scotland’s largest consented solar project in the early 2020s.The development went into planning in August 2017 and is the first solar project to be approved by the Energy Consents Unit (ECU) of the Scottish