Government Policies Will Remain Key to Europe's Renewable Energy Growth by 2020, says GlobalData

Feed-in tariffs, quota obligations, capital grants, and subsidies will continue to be instrumental in promoting Europe's renewable energy industry growth by 2020 ---Renewables accounted for around 40% of the EU's total power generation capacity added in 2014, with Germany the clear leader for installed capacity, says report

PVinsights : The global demand improvement and currency exchange rates improve solar module prices.

Overall module price improves globally this week, owing to the price quotes in different regions moving up by currency exchange rate or the demand improvement. The increasing large-scale solar projects moving forward are driving up module demand, especially in India and China. Moreover, as the demand continues to heat up in China and the emerging markets, some top-tier module suppliers are able to adjust their selling prices up in those low-priced regions.

Corporate Demand for Renewable Energy is Increasing

Multinational corporations want access to global solutions that help them document their commitment to electricity from renewable energy sources.

US Clean Power Plan Could Reduce Coal Power by up to 60 Gigawatts by 2020, says GlobalData Analyst

Of the 326 Gigawatts (GW) of current coal power capacity in the US, a potential 60 GW could be lost by 2020 due to government's Clean Power Plan (CPP) ----'With the US boasting significant renewable power potential, the CPP has created a huge opportunity for companies in this sector,' says analyst

Battery Costs Set To Fall 60% By 2020 From Energy Storage 'Megashift'

By Sophie Vorrath for RenewEconomy:  The key role energy storage will play in the electricity grids of the future – and the vital importance of investing in and testing the various emerging battery storage technologies – has been highlighted in a major report published by the Australian Renewable Energy Agency on Monday, which predicts a 40-60 per cent price plunge for certain battery technologies by 2020.

The 130-page report prepared by AECOM predicts a “mega-shift” to energy storage adoption, driven by demand – from both the supply side, as networks work to adapt to increasing distributed and renewable energy capacity, and from consumers wishing to store their solar energy – and by the rapidly changing economic proposition; a proposition, the report says, that will see the costs of lithium-ion batteries fall by 60 per cent in less than five years, and by 40 per cent for flow batteries.  Cont'd...

Technology Supports Global Sustainability

Cloud-based software is one technological advancement that can pay dividends in the development and management of a wide variety of renewable energy projects, from wind farms, solar farms and geothermal plants to hydropower and biomass facilities.

UK to Remain Top Offshore Wind Power Market by 2025, with Capacity Exceeding 23 Gigawatts, says GlobalData

UK offshore wind installed capacity to increase more than fivefold from 4.5 Gigawatts (GW) in 2014 to 23.2 GW by 2025 ---Government continues to support offshore wind with contracts for difference, to help lower generation costs in the long term, says analyst

The US panel price rising improves average panel price in July.

Affected by the final results of the US DOC AD & CVD review, Chinese module makers are forced to rise up their module selling prices in the US, which results in also pulling up the average selling price of other manufacturers, including Korean, European, and even American companies. Hence, the average multi-crystalline module price is moderately moving up this week

Is Adding Solar Batteries Worth it?

Seeking to help states better address the value proposition of solar+storage systems, the Interstate Renewable Energy Council, Inc. (IREC) engaged Clean Power Research (CPR) to develop a methodology that could be used to value solar energy coupled with battery storage. The methodology described in the report can be applied in any location. It focuses on Hawaii as an example, as it is likely to be an early adopter of storage regulations. 
"The concept of adding batteries alongside a utility customer's solar array intrigues utility customers, solar developers, and utility planners on several levels, but the underlying question for everyone is whether adding batteries is 'worth it,'" says Jason Keyes, Partner at Keyes, Fox & Wiedman LLP, attorney for IREC and report collaborator. 
Though still at a nascent stage, the recent rapid growth in the distributed energy storage market suggests that now is an opportune time to take a closer look at distributed energy storage, especially in combination with distributed solar, and the values it has to offer. The new IREC study lays out the methodology to do just that and sets forth a pathway for more robust analysis and dialogue.   Cont'd...
 

2015 Wind Power Capacity Installations Are Expected To Grow by 8.9%, According to Navigant Research

With strong onshore and offshore turbine sales, Vestas remained the No. 1 supplier in 2014, report finds

PVinsights: The increasing demand helps solar price improvement or relief.

Overall Module price performed a mild drop this week, as global demand is gradually recovering since late May. Multi-crystalline module price stands still in China, as the demand is improving slowly. In the US, solar demand is promisingly increasing, although some solar module suppliers are trying to raise price quotes accordingly.

Coal-based Power Undermines Germany's Renewable Growth to 2025, says GlobalData

Germany's installed renewable energy capacity to increase from 86.2 Gigawatts (GW) in 2014 to 147.4 GW by 2025---- However, renewables' intermittent nature means the country will return to coal power generation, adding 3 GW of capacity by 2020, says analyst

Five seismic shifts to shake global electricity over next 25 years

BNEF's forecast to 2040 sees $2.2 trillion boom in small-scale solar as consumers seize control of their power, and weaker growth in electricity demand, but prospects for the climate are bleak

IRENA Roadmap Breaks New Ground on Renewable Energy Storage

Energy storage roadmap released at ninth IRENA Council meeting

Renewable Energy Targets Quadrupled Globally Since 2005, New IRENA Report Finds

164 countries worldwide have now adopted renewable energy targets

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