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Market Consolidation will Promote R&D and Growth of Solar: Heraeus

Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […]

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US Energy Storage Market Records Highest Deployment in a Single Quarter

Wood Mackenzie expects US energy storage deployments in 2019 will be double those seen in 2018. The United States non-residential storage market had its strongest quarter ever in Q1 2019, according to the new U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Q1 2019 was also the second strongest […]

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US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty

The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […]

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Energy Sector Yet to Realise the Full Potential of Intelligent Automation

The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […]

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Lendlease and Sacramento County Finalise PPA For 160 MW Solar Facility

Rancho Seco Solar II is scheduled to begin construction later in 2019 and is scheduled for completion by the end of 2020. Lendlease, a leading international property and infrastructure group and the Sacramento County Municipal Utility District (SMUD) have jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project

Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […]

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EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF

However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […]

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