JinkoSolar and Enphase collaborate on Eagle AC module
The module and microinverter giants have worked together to introduce a new AC module comprising Enphase’s IQ6 microinverter affixed to JinkoSolar’s mono PERC modules.
International Solar Alliance requires five more countries to ratify it
Somalia is the latest country that has ratified the ISA framework agreement, taking the number of ratified countries to 10. Five more required before ISA can exist as a legal body.
Global solar potential is highly underestimated, study shows
PV can reach a share of 30% to 50% in the global power production by 2050, according to a study conducted by Mercator Research Institute on Global Commons and Climate Change.
Efficient PPAs may propel solar-diesel micro-grid deployment , says study
In terms of micro-grids, key to reducing diesel consumption by renewables are efficient PPAs, finds consultancy THEnergy, noting that the complexity of these contracts is much greater than in the case of grid-connected photovoltaic systems.
GTM Research: Global solar capacity to rival nuclear by end of 2017
Information from the latest edition of GTM Research’s Global Solar Demand Monitor shows that solar’s globally installed capacity is rapidly catching up with that of nuclear, and that solar could in fact grow to more than double nuclear’s current capacity within the next five years.
IHS Markit raises 2017 global installations forecast
Industry analyst IHS Markit has raised its forecast for global installations in 2017 to 90 GW, representing 14% growth on the previous year’s figures. Continuing demand in China after the June 30th FIT cut is cited as the main driver for the increased expectation.
Staying below 2 degrees is “possible and practical” says RMI
The Rocky Mountain Institute’s new report Positive Disruption describes pathways for the global economy to mitigate serious global warming through accelerated adoption of renewable energy, the transformation of our energy and transportation system, and improved management of agriculture, forestry, and other land-uses. Staying below two degrees Celsius of warming is not just possible the report argues but practical given the accelerating declines in the cost of renewable energy.
Solar markets see increase in total funding in first half of 2017
A total of $4.6 billion was raised in 97 deals in the first half of 2017, up from $4.5 billion in 79 deals in the respective period last year, shows information published by industry analysts Mercom Capital Group.
6.5% of global GDP still subsidizing fossil fuels, study finds
Amount of money spent propping up global fossil fuel industry reaches $5 trillion a year, finds study conducted by the IMF and published in the journal World Development.
Lithium-ion batteries below $200/kWh by 2019 will drive rapid storage uptake, finds IHS Markit
The analysts expect cumulative installed base of energy storage to reach 52 GW globally by 2025, up from 4 GW today. Annual revenues for grid-connected storage to reach more than $7bn by that date despite sharp price declines.
