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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025

By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […]

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Longi Commissions New 5GW Mono Module Factory in China

Further, this 5GW factory was built with a total investment of about USD 328 million. One of the leading solar modules maker LONGi Solar has commissioned it’s another 5GW high-efficiency monocrystalline module plant in Chuzhou, Anhui, China. The move has come as the company aimed at enhancing its high-efficiency monocrystalline module capacity to meet rising global demand […]

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Ørsted and Northumbrian Water Sign UK’s First Offshore Wind Corporate PPA

The Corporate PPA will deliver approximately 100GWh per year of renewable electricity from the offshore wind farm to Northumbrian Water consumption sites. Ørsted has signed a long-term agreement with the Northumbrian Water Group that will see the water company take almost a third of its renewable energy demand from Race Bank offshore wind farm. The […]

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LONGi to Supply 224 MW Modules For Largest “Bifacial+Tracker” Project in US

The project, which is expected to be completed by the end of 2019, will provide adequate clean electricity to more than 30,000 households. The largest “bifacial+tracker” power generation project in the United States will be built up in Mitchell County, Georgia, with a capacity of 224MW, for which LONGi, a world-leading manufacturer of high-efficiency mono-crystalline […]

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Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries

A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […]

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GE Expands Renewable Energy Portfolio

The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […]

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Longi Solar Sets New Bifacial Mono-PERC Solar Cell World Record at 24.06%

The company’s latest breakthrough bifacial PERC solar cells tested by CPVT achieved a conversion efficiency of 24.06 per cent. LONGi Solar has achieved a new monocrystalline silicon PERC world record conversion efficiency using commercial wafer (M2) dimensions that exceeds 24 per cent for the first time, according to tests carried out by the National Center of […]

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India Becomes Global Leader in Renewable Energy Auction: Report

India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […]

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