Researchers at the University of Michigan have developed a new semiconductor alloy that can capture near-infrared light in the leading edge of the visible light spectrum. This could be a major step forward the development of a new generation of solar cells called “concentrator photovoltaics”.
The eight projects being built by Black & Veatch and Blattner for FPL will greatly increase the state’s solar capacity and could catapult it into a leading solar market.
The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
The tech giant’s latest investment in tackling climate change follows last year’s $1.5 billion green bond sale. Proceeds from this latest bond will be earmarked for eco-friendly projects, with solar at the forefront.
President Donald J. Trump has proposed devastating cuts to the U.S. Department of Energy and its related research arms. Leaders from multiple industries – including names you’ll know – are begging the U.S. Congress not to implement them.
A Q1 report by GTM Research and SEIA found PV system price declines across all sectors, following collapses in component pricing. Fixed-tilt utility-scale systems broke the US$1 per watt barrier for the first time during the quarter.
A subsidiary of South Korean conglomerate LG Group has bagged an order to deliver, operate and maintain 40 MW of energy storage for Guam Power Authority.
A working roundtable discussion on the USA’s commercial partnership with Africa depicts the changes in the American agency in the Trump administration era.
The U.S. based module supplier has secured a JPY 7 billion ($63.4 million) syndicated development loan facility for undisclosed utility-scale solar projects in Japan.
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