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Solar News

Views:68     Author:Site Editor     Publish Time: 2020-12-08      Origin:Site

  • In October 2020, Germany added 421MW of solar photovoltaic projects, an increase of 12% compared with the 376MW in October 2019.

  • A new report shows that in order to achieve the transition to a clean energy system in the United States by 2050, developing at least 247GW of rooftop and community solar projects and 160GW of local energy storage projects is the most cost-effective way.

  • A report released by the British research and consulting company Wood Mackenzie shows that by 2030, India's renewable energy power generation is expected to be 56% cheaper than the power generation of new coal projects. It is estimated that by 2030, the LCOE of renewable energy in the Asia-Pacific region will be lower than that of coal. By the end of the tenth year, renewable energy investment costs in this area will be 23% lower than coal investment costs.

  • On December 1, LG New Energy was formally established.

  • In a new report, the Fitch Solutions consulting company proposed that from the end of 2020 to 2029, Vietnam is expected to add more than 17GW of non-hydropower renewable energy installed capacity. By the end of the tenth year, the total installed capacity will reach 25GW.

  • In October 2020, Australia installed a 110.29MW rooftop solar project, which is a decrease of 102MW from the 212MW in October 2019, a drop of approximately 48%.

  • PPC, Greece’s largest power utility, announced a few days ago that it will spend 3.4 billion euros to expand its footprint in renewable energy and modern power distribution networks by 2023.

  • The British Department of Business, Energy and Industrial Strategy (BEIS) has approved a project deployment plan, the 320 MW/640 MWh integrated energy storage project being developed by British energy company InterGen. This project will become Europe's largest energy storage project when completed.

  • In the auction of 1070MW new solar projects in Rajasthan held by the Indian solar company SECI, the lowest transaction price broke the previous record of India's photovoltaic power price, which was only 2 rupees/kWh (about 2.7 cents/kWh).

  • In 2020, the total installed capacity of rooftop photovoltaic power in Vietnam will reach 2GW.


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