Solar to attract more investment than coal, gas and nuclear combined this year, says Frost & Sullivan
Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
Jordan’s thriving net metering PV sector welcomes new 16.5 MW system
A few days after reporting on Jordan’s largest net metering PV system of 17 MW capacity, it appears that a new system of just 500 KW less capacity is also under way. Jordan’s commercial net metering PV sector appears to be on an encouraging upward trajectory.
Minnesota’s solar market is growing fast (with chart)
Minnesota installed 203 MW-DC of solar during the first quarter, adding to 207 MW deployed in 2016. The state is expecting to reach more than 800 MW of installed capacity by the end of this year.
China installs 7.2 GW of solar in Q1
The 7.21 GW of fresh capacity that was completed in the January-March period marks an increase of just 70 MW from the first three months of 2016, according to the National Energy Administration (NEA).
EU greenlights France’s new regulation (and FIT) for residential and commercial PV
The European Commission has approved three initiatives of the French government aimed at supporting renewable energies. One of these is the new regulation for residential and commercial PV, which includes a 20-year FIT for power injected into the grid.
GTM Research: global solar market to see 9% growth in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
India’s cumulative solar capacity tops 12 GW, says energy minister
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
Spending less, getting more: renewables more cost-effective than ever in 2016, finds UN report
The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.
UK: Wirsol Energy connects 19 solar parks ahead of ROC deadline
The solar subsidiary of the German renewable energy developer Wircon GmbH has managed to connect 19 solar parks totaling 105.5 MWp of capacity at various sites across the U.K.
IRENA: more solar than wind added in 2016 in strongest ever year for renewables
2016 was the strongest year ever for global renewable additions, reveals the International Renewable Energy Agency (IRENA), with the growth of solar particularly dominant.
