Solar PV provided just under 10 per cent of energy demand in France over the weekend, a record contribution to the nuclear-dominated country’s grid in a week of record output […]
Tag: BNEF
Aussie small-scale solar stays strong even as large-scale lags due to uncertainty
Australia’s rooftop solar market is continuing to grow, despite a plunge in renewable energy investment that is driving the nation’s large-scale renewables sector into a deepening crisis. New analysis by […]
New joint venture to develop floating solar projects throughout North America
Solar Power Inc. (SPI) and Aqua Clean Energy (ACE) last month announced a joint venture to develop new floating solar projects throughout the U.S. and Mexico. The partnership will bring […]
Solar Choice’s 2GW Bulli Creek Solar Farm receives planning approval from Toowoomba Regional Council
Originally published on RenewEconomy A staged plan to build what would be the largest solar PV plant in Australia – and possibly the largest yet proposed in the world – […]
Indian PM releases bright assessment of sub-continent’s solar potential
The Indian government has identified 12 solar park locations capable of housing up to 13.75GW of capacity in the next five years, as it gears up to meet a national […]
Utility-scale solar to be competitive with new coal by 2020
Large-scale solar will be cost competitive with new coal-fired power stations in Australia by the end of the decade, the head of the Australian Renewable Energy Agency has predicted. ARENA […]
Brazilian solar auction draws globally low bids, cheaper than coal, gas
Brazil’s first “solar only” energy auction has attracted bids among the lowest in the world, bringing the South American nation closer to achieving the world’s cheapest solar contract prices – […]
Energy storage steadily gaining steam globally, as coal looks set for a long, slow decline
Even as Tony Abbott spruiks reactionary about coal’s benefits to humankind, a massive revolution is undoubtedly underway in the world’s energy sector–whether he cares to acknowledge it or not. Renewable […]
Australian investment in large-scale renewables took a nose-dive in 2014 due to RET uncertainty
A report from Bloomberg New Energy Finance shows that Australia is on track to record its lowest level of asset financing for large-scale renewables since 2002, with just $193 million […]
Australian solar capacity could grow from 3.5GW to 14GW by 2020: Citigroup
The Australian solar market could be headed for a total capacity of 14GW of rooftop and utility-scale solar by the end of the decade, according to new analysis. In a […]
Uncertainty about RET, already plaguing renewables investment, could also drive up electricity prices for consumers
Electricity prices could jump dramatically if the future of the Renewable Energy Target (RET) is not settled by the next election, according to analysis published by Bloomberg New Energy Finance […]
Colourful options for India’s solar future: Beehives, pigeons, horses and/or elephants
India has the potential to grow its solar PV capacity by more than 140GW over the next decade if it chooses the right policy path, a new report has found. […]
Indian ‘ultra-mega’ projects set to help drive down solar costs
The Indian government has signed up to a plan to help fund some of the world’s largest solar PV parks across, increasing the energy poor nation’s total solar capacity by […]
Renewable energy investment reached $63.6b in Q2 2014: BNEF
A record-breaking $3.8 billion deal to finance an offshore wind farm in the North Sea has helped to deliver the strongest quarter for clean energy investment in two years. Global […]
Solar will dominate new generation capacity buildout to 2030: BNEF
Solar looks set to dominate new electricity capacity and investment in Australia, with a new report from Bloomberg New Energy Finance predicting solar PV will account for nearly half of […]
RET cuts would result in increased power bills for consumers, windfall profits for coal generators: BNEF
A new report from Bloomberg New Energy Finance suggests that scrapping or winding back Australia’s Renewable Energy Target would simply result in increased utility bills, and a multi-billion dollar windfall […]
IKEA’s new installations with Canadian Solar highlight growing Australian commercial solar sector
Signs are emerging that the Australian commercial solar market is finally taking off, with increasing numbers of businesses and councils signing up for rooftop PV; not least among them IKEA, […]
Solar will be to utilities as Twitter was to newspapers: BNEF
Is solar about to enjoy it’s own Twitter moment? There are lots of comparisons about the impact of solar on the utility business model and what occurred at Kodak in […]
Solar industry will see massive expansion to 2030 despite RET fears: BNEF
Bloomberg New Energy Finance predicts that solar capacity in Australia will reach 23GW by 2030, underpinned by rooftop solar that will resist most industry attempts to stop its rollout. Kobad […]
International standards proposed for redox reflow batteries
A recent development may give grid storage batteries, particularly redox flow batteries, a major push towards adoption. The International Electrochemical Commission (IEC), a body that issues important universal technical standards, […]
Australian households lead the way in solar PV investment
Australian households accounted for nearly two-thirds of total investment in renewables in Australia in 2013, and virtually all of it in 2014, according to research by Bloomberg New Energy Finance. […]
$5 billion of US rooftop solar will be crowd-funded by 2019
The US rooftop solar market could be crowd-funded to the tune of $5 billion within five years, according to an executive from SolarCity, America’s biggest solar provider by market value. […]
Decline in renewable energy investment thanks in part to falling prices
Surging solar installations and the plunging cost of PV have helped buoy growth in global renewable energy capacity, despite a 14 per cent drop in clean energy investment in 2013, […]
Huge solar power boom likely in India following election
Optimistic solar power providers in India are predicting that a change in government in May could deliver a massive boost in solar spending and infrastructure over the next decade. The […]
A head-turning snapshot of global transformation underway with solar & energy-storage
The amount of information and volume of news reports about the changes underway in the world’s electricity system can be overwhelming. It seems that almost every day there is some […]
US Energy Secretary hints energy storage could be on par with oil boom in disruptive capacity
United States Energy Secretary Ernest Moniz has hinted in an inverview with Bloomberg New Energy Finance (BNEF) that energy storage has the potential to dramatically change the way that electricity […]
Brazil’s Solair will manufacture solar panels & inverters domestically
Brazilian solar installation company & PV project developer Brasil Solair has plans to set up shop domestically in order to take advantage of the market expected to grow thanks to […]
India’s Vikram Solar granted Tier 1 manufacturer status: Bloomberg New Energy Finance
Vikram Solar, an Indian PV module manufacturer, has achieved tier 1 status in the eyes of Bloomberg New Energy Finance (BNEF). The company, which has been producing panels since 2006, is among […]
Are falling battery costs the solution to solar PV ills?
While the cost of solar PV is no longer the roadblock to widespread adoption it used to be, one can’t say the same about its intermittent nature, which continues to […]
Among Coalition’s changes to renewable support schemes, an ARENA budget cut for the 1m solar homes program
The Coalition, as largely anticipated, has come to power following the 7 September election, riding a wave of anti-Labour sentiment. Everyone involved in renewables or with an interest in renewable […]
ReneSola solar panels (& other products) in Australia
Renesola is one of the largest solar panel manufacturers in the world, as well as one of the leading suppliers to Australia. The company produces a range of affordable ‘quasi-monocrystalline’, […]