Results for: solar

January 13 2017

Chinese, Germans Seek to Turn Chernobyl Wasteland to Solar Park

Chinese and Germans are among dozens of investors taking Ukraine up on its offer to turn the grounds of one of the world’s worst nuclear disasters into a massive solar park. Thirteen international investors are among the 39 groups seeking Ukraine permission to install about 2 gigawatts of solar panels inside the radioactive exclusion zone […]

January 12 2017

Australia’s Set to Lose a New Electric Engine to Silicon Valley

For the cost of a Sydney home, Paul Evans would be able to market an electric car engine that could help put Aussie innovation back on the map. In risk-averse Australia, most investors would prefer to buy a house. The entrepreneur has been shunned by local venture capital funds in attempts to raise A$3 million […]

January 12 2017

Tidal Lagoon May Be Cheaper Than Hinkley, Government Report Says

Generating power in the U.K. by harnessing the ebb and flow of tidal lagoons may be significantly cheaper than building new nuclear electricity plants or offshore wind farms, according to a government-backed review. Tidal lagoons, such as the 1.3 billion-pound ($1.6 billion) pilot project planned in Swansea Bay off the coast of South Wales, would […]

January 12 2017

Clean Energy Spending Drops Most on Record as China Slows Growth

Global investments in renewable power dropped the most on record in 2016 as demand in China and Japan faltered. Worldwide spending on clean energy fell 18 percent from 2015’s record high to $287.5 billion, according to a report Thursday by Bloomberg New Energy Finance. It was the first decline since 2013 and comes as environmental […]

January 12 2017

Record $30bn year for offshore wind but overall investment down

Chinese slowdown and falling costs of solar power were two of the reasons global clean energy investment fell 18% in dollar terms last year (Minor corrections made to some figures on 14 February 2017. Headline total and chart unchanged.) London and New York, 12 January 2017 – New investment in clean energy worldwide fell 18% […]

January 12 2017

India Solar Prices Set to Drop on Competition, Costs

The price paid for solar power in India at auction is set to fall below last year’s record lows for the South Asia nation, driven by plummeting panel prices, falling interest rates and competition among developers seeking a slice of the country’s renewables market. Prices could dip lower than the 4.34 rupees (6 cents) a […]

January 11 2017

Science Friday: BNEF’s Zindler on solar manufacturers sufferance as panel prices drop

  via Science Friday Solar panel prices are dropping, and solar manufacturers are being squeezed. But the lower prices are a good thing for homeowners who dream of turning their rooftops into solar energy farms. And the trend is great for solar installers, too. In this episode of Good Thing/Bad Thing, Bloomberg New Energy Finance […]

January 4 2017

Tesla Flips the Switch on the Gigafactory

The Gigafactory has been activated. Hidden in the scrubland east of Reno, Nev., where cowboys gamble and wild horses still roam—a diamond-shaped factory of outlandish proportions is emerging from the sweat and promises of Tesla CEO Elon Musk. It’s known as the Gigafactory, and today its first battery cells are rolling off production lines to power the company’s energy storage products and, before […]

January 4 2017

Tesla Deliveries Miss Forecasts Again on Production Delays

Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts, sending shares lower in after-market trading, as production delays continue to plague the carmaker led by Chief Executive Officer Elon Musk. The Palo Alto, California-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of […]

January 3 2017

Solar Could Beat Coal to Become the Cheapest Power on Earth

Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the United Arab Emirates broke records with deals to generate electricity from sunshine for less than 3 cents a kilowatt-hour, half the […]