Results for: solar

November 20 2017

Smarter Grid Showed Its Value When Harvey Struck Texas: Q&A

By Richard Stubbe, Bloomberg New Energy Finance editor. This article first appeared on the Bloomberg Terminal and is available to BNEF clients on the web.  Competition, consumer choice and smart meters in Texas helped the grid to bounce back quickly after Hurricane Harvey struck Houston in September, two Direct Energy executives said in an interview with […]

November 20 2017

Global Storage Market to Double Six Times by 2030

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Forecast shows one-fourth of deployments in the U.S. $103 billion invested in energy storage over this period Global cumulative storage deployments  Source: Bloomberg New Energy Finance The global energy storage market will double six times between 2016 and 2030, rising to a […]

November 17 2017

Bid to Revive U.S. Solar Factories Runs Into Familiar Job-Killer

A bankrupt Georgia company is pushing to revive U.S. solar manufacturing with a trade case that’s headed for the president’s desk. The simmering dispute from Suniva Inc. stands a good chance of leading to import tariffs, but don’t expect that to bring the jobs back. While at least six Asian solar companies say the prospect […]

November 14 2017

Cheap Battery Forecasts Kill India’s 25-Year Coal Power Deals

India’s power distributors are balking at traditional 25-year thermal-power purchase contracts, avoiding lengthy entanglements so they can benefit as costs for batteries and renewable energy slide. Now in vogue: agreements that last 10 years or even less. “In the next five to 10 years battery storage may be coming in a big way,” Deepak Amitabh, chairman […]

November 14 2017

High Renewable Future in the UK and Germany to Create New Power Systems Flexibility Challenge

Bonn, 13 November 2017 – Economic tipping points mean renewable energy will account for over half of electricity generation by the mid-2020s in the UK and Germany. This comes as the cost of generating energy from wind and solar is expected to more than halve from today’s levels by 2040. This rapid growth in variable renewables […]

November 14 2017

Battery Payback Falls ‘by 2-4 Years’ if Owners Aid Grid: Q&A

By Bryony Collins, Bloomberg New Energy Finance editorial team. This article first appeared on the Bloomberg Terminal and is available to BNEF clients on the web. Battery storage company Sonnen offers customers in Germany the opportunity to own their own electricity supply. It says solar panels and a Sonnen battery can supply around 75 percent of a typical household’s […]

November 13 2017

West Africa’s Off-Grid Solar Market Boom Drives Lumos Expansion

Written by Olivier Monnier. This article first appeared in Bloomberg Markets.  West Africa’s booming off-grid solar industry is drawing international investors eyeing expansion. Lumos Global, a Dutch off-grid developer that raised $90 million last year to start business in Nigeria, said its expanding in Ivory Coast this month. In both countries, Amsterdam-based Lumos is using […]

November 10 2017

Why India’s Coal Power Build-out Will Falter

This analysis is by Bloomberg New Energy Finance analyst Atin Jain. It appeared first on the Bloomberg Terminal and on BNEF.com on May 19, 2017.  Coal power prices in India are on the rise, driven by the growing cost of domestic production and impending tougher environmental regulations. As renewable energy prices continue to fall, coal, which […]

November 10 2017

Germany Could Escape Carbon Hole at Home by Investing Abroad

Written by Mathew Carr and Brian Parkin. This article first appeared in Bloomberg Technology. Germany’s Chancellor Angela Merkel finds herself in a bit of a pollution pickle. After she promised voters just before the September general election that Europe’s biggest economy would find a way to meet its emissions target no matter what, her government […]

November 9 2017

Solar Installers Are Starting to Turn a Profit

Written by Brian Eckhouse. This article first appeared in Bloomberg Technology. There’s long been a Catch-22 about residential solar: despite staggering market demand, it’s been hard to make money doing it. Until now. Sunrun Inc. said Wednesday that it’s cash-flow positive. And Blackstone Group LP-backed Vivint Solar Inc. expects to hit that mark next year. Rooftop […]