Guardian: “The global deployment of renewable energy from wind, solar and biofuels grew in 2012 but the income from the sector remained flat due to the plummeting costs for solar photovoltaic panels.” Read more
REW: “According to the latest “Energy Infrastructure Update” report from the Federal Energy Regulatory Commission’s Office of Energy Projects, 1,231 MW of new in-service electrical generating capacity came on line in the United States in January 2013 — all from wind, solar, and biomass sources.” Read more
New York Times: “The claims by the Alliance for Affordable Solar Energy, a coalition of companies that install and service panels, were aimed at stopping the European Commission from imposing penalties in the biggest trade case of its kind in terms of value.” Read more
REW: “Statistics released this week by SunRun and the PV Solar Report show the growing popularity of residential solar energy in general, and third party-owned solar in particular.” Read more
SolarIndustryMag: “Record-setting demand in 2011, followed by an even bigger solar deployment total of 965 MW in 2012, helped push the country to its 2 GW milestone, according to new data from NPD Solarbuzz.” Read more
REW: “Cumulative global installed solar PV capacity has topped the 100-gigawatt (GW) milestone, according to preliminary numbers from the European Photovoltaic Industry Association (EPIA). Roughly 30 GW worldwide was connected to the grid in 2012, about the same as in 2011.” Read more
REW: “There are more than 10 solar trade disputes now ongoing at both a domestic and international level, notes Solarbuzz senior analyst Michael Barker. Their outcomes, he says, could “dramatically change the solar PV industry supply-chain, potentially creating separate zones in terms of supply and demand — a risky prospect within an industry already struggling to reach supply/demand rationalization.”
FT: “Bankers say they are close to turning sunshine into bonds for the first time, highlighting how exotic securities are shedding the toxic image they gained in the financial crisis amid fresh innovation.” Read more
Bloomberg: BNEF’s Sydney team show “that electricity can be supplied from a new wind farm at a cost of AUD 80/MWh (USD 83), compared to AUD 143/MWh from a new coal plant or AUD 116/MWh from a new baseload gas plant, including the cost of emissions under the Gillard government’s carbon pricing scheme. However even without a carbon price (the most efficient way to reduce economy-wide emissions) wind energy is 14% cheaper than new coal and 18% cheaper than new gas.” Read more
IPE: “Lancashire County Pension Fund has invested £12m (€14m) in a community owned solar power plant in Oxfordshire, a commitment the scheme’s chair described as “worthwhile and sustainable”. The £4.6bn fund for the English county will provide £12m to refinance the project’s cost, with the Westmill Solar Cooperative repaying the loan by 2037.” Read more
REW: “The U.S. Trade Representative Ron Kirk said Wednesday he’s taking the first step toward lodging a World Trade Organization complaint against India for a policy that blocks some U.S. companies from a growing market.” Read more
Fox News on You-Tube: “The industry’s future looks dim,” says host Gretchen Carlson at the beginning of the segment. “The United States simply hasn’t figured out how to do solar cheaply and effectively. You look at the country of Germany, it’s working out great for them.” Read more
My presentation to Enova 2013 in Trondheim, posted on You-Tube, professionally edited, on the same day as the impressively organised conference. The part in English starts 1 minute in.
Guardian: 17 solar companies are to sue DECC for damages as a result of the December 2011 “ambush” feed-in tariff cut, after which the market shrunk 90% and thousands lost their jobs. The sum sought is £140 million.
REW: “Chinese solar stocks led the first advance in the benchmark index of U.S.-traded shares this week on prospects domestic demand for alternative energy will rise after the government increased capacity targets.” Read more
Bloomberg: “Solar Mosaic which operates an online service that lets individuals fund solar projects, said investors can earn a 4.5 percent return on rooftop power plants, better than 10-year Treasuries that currently yield about 1.9 percent.” Read more