Industry news--Green Energy Industry Development Association

Chile to hold new energy auction in June

According to the bidding terms published by the National Energy Commission, project proposals may be submitted by June 11 and the results will be announced on June 19. Successful bidders will secure a 15-year power supply deal and some 5.6 TWh of electricity is expected to be generated annually as a result of the new capacity.

931 hits2019-11-22

Netherlands puts €5 billion in clean energy subsidies

MPs at the Dutch Parliament were close this year to enacting a freeze on ground-mounted PV permits, amid worries over grid congestion (Credit: Flickr / Fred Romero)

735 hits2019-11-07

Green bonds lead sustainable funding past 1tn mark

In the past 12 years, green bonds have raised nearly $800 billion for investment in clean energy and other sustainability projects and companies are now pegging bond interest payments to their environmental performance.

538 hits2019-10-25

Dubai’s 900 MW solar tender sees lowest

The offer was apparently submitted by Saudi energy giant ACWA Power, which refused to confirm the bid when asked by pv magazine. The second lowest bid – $0.0175/kWh – was reportedly submitted by a consortium formed by Emirati developer Masdar, French utility EDF and Chinese PV panel maker Jinko Power.

732 hits2019-10-17

Solar and wind make coal unprofitable in Japan

Recent investments into 11 GW of new coal generation capacity may result in reduced operating cashflows of $71 billion. That will occur, according to a report from the Carbon Tracker Institute, because solar and wind will become cheaper than coal in Japan by 2025 at the latest, despite high renewable energy costs at present.

514 hits2019-10-10

International Energy Agency forecasts 115 GW of new solar this year

The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.

558 hits2019-09-30

The cooling effect of PV

Research from Finland’s Aalto University claims the residential cooling sector could sustain 540 GW of solar generation capacity if the world’s air conditioning systems were solar powered. Academics say synergies between PV and the cooling industry will become stronger as demand for the latter shifts nearer the equator, where seasonal differences in weather are less pronounced.

621 hits2019-09-23

Latest Malaysian tender attracts bids for 6.7 GW of capacity

The third round of the nation’s Large Scale Solar procurement program was oversubscribed more than 13 times its 500 MW limit. The final electricity price is likely to beat the previous $0.079-0.13/kWh to settle somewhere around $0.042-0.057.

794 hits2019-09-18

Japan’s fourth solar auction concludes with lowest bid of $0.098/kWh

The tender produced lower bids than previous rounds but again allocated less generation capacity than planned. The Japanese government initially accepted bids for a combined 589.9 MW but ended up assigning only 195.8 MW of capacity. The final average price for procured solar power was $0.1222/kWh.

684 hits2019-09-10

Jinko: ‘The days of mono will soon be behind us’

A spokeswoman from the Chinese manufacturer of the Swan series of double-sided solar panels says monofacial modules will soon be consigned to residential use as the price gap between them and higher-yielding bifacial products rapidly closes.

656 hits2019-09-04