20 June 2017 11:00 AM GMT

EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II PV project (115 MWp) from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the PV panels locally. It marks the latest step by EDF in Brazil’s renewable energy sector. With this addition, it now has 489 MW under construction, consisting of 183 MW (wind) and 306 MWp (solar). The project is located close to Pirapora I (191 MWp), also jointly owned by both companies. With a total installed capacity of over 300 MWp, the energy generated by both projects will cover the annual electricity consumption of 323,000 Brazilian homes.

June 16th 2017
New BNEF Report Highlights A Massive Shift to Wind And Solar, While Coal Fades

A new independent report from Bloomberg New Energy Finance (BNEF) states that clean energy such as wind and solar will account for almost 75% of investment in power generation worldwide, between now and 2014. New Energy Outlook 2017 estimates that overall $10.2 trillion will be spent on power generation technology in the next 22 years, with $7.4 trillion being spent on renewables. This year’s forecast sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030.

June 8th 2017
ABB Innovation Integral To The World’s Largest Floating Solar Plant Test-bed

Land scarcity has severely limited Singapore’s adoption of solar power, so the city-state, surrounded by water, has looked to floating solar panels as a viable alternative. Floating solar panels can be 11% more efficient than solar panels placed on precious land. ABB is providing critical components on a landmark 1MW floating solar photovoltaic test-bed. It measures 1 hectare or 1.5 football fields. The energy generated will be fed into the national energy grid, providing electricity for up to 250 households.

June 7th 2017
Solar Power Exceeds Wind Installations; Can Surpass 80GW In 2017, 1TW In 2021

SolarPower Europe (SPE) has launched the ‘Global Market Outlook for Solar Power 2017-2021.’ The report confirms 2016 as another record year for solar, with global annual additions for solar growing by 50% with 76.6 GW installed. There’s now a total worldwide solar power generation capacity of 306.5 GW. James Watson, CEO of SPE said: “When looking at solar, the cost reductions experienced and predicted outstrip all other power generation technologies. Today, utility-scale solar is already cheaper than new gas, coal and nuclear power plants.”

May 31st 2017
Intersolar Europe 2017: A Meeting Point For The Solar Industry

Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is now open. This year’s exhibition focuses on the new energy world. One of the highlights is the special exhibit Smart Renewable Energy. Other topics include new financing and business models for photovoltaics (PV), large-scale PV power plants and the operation and maintenance of PV installations. Manufacturers, suppliers, distributors, service providers and partners of the solar industry will be in Munich until June 2. Once again, ees Europe – Europe’s largest and most visited exhibition for batteries and energy storage – is taking place at the same time.

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May 23rd 2017
Mercedes-Benz Enters Energy Storage Market In US, Teaming Up With Vivint Solar

Mercedes-Benz Energy and Vivint Solar have announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the US. The two companies’ joint offering provides customers with the German engineering and performance of Mercedes-Benz batteries, coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. The storage systems are based on the same Mercedes-Benz automotive-grade battery technology used in its electric and hybrid vehicles.

May 21st 2017
Trina’s Solar Revolution: DUOMAX Twin Packs 25% Additional Generating Capacity

Trina Solar has announced the launch of its high-efficiency bifacial module DUOMAX Twin, which generates power from both the front and back sides of the solar module and performs well even under weak light conditions. The front side receives direct sunlight while the back side receives reflected and scattered light. Compared with traditional single-sided modules, the DUOMAX Twin can deliver as much as 25% additional generating capacity. The company’s leadership in PERC cell technology has achieved several world records and total shipments of over 1 Gigawatt over the past years.

May 15th 2017
Engie Strengthens Solar Presence In China With 30% Equity Investment In UNISUN

ENGIE has signed in Shanghai an Agreement for a 30% equity investment through a capital increase in UNISUN, a PV company. Since 2014, UNISUN has successfully developed around 500 MW PV projects, showing strong technical capacity. During COP21, China pledged to peak its carbon emissions in 2030 or earlier; the country shall subsequently increase the share of non-fossil energy from 13% to 20% in its energy mix by then.

May 15th 2017
Smart Renewable Energy Forum: Digitalization Driving The New Energy World

The digital transformation in the energy industry has fundamentally changed the electricity landscape. In the future, the energy supply will be ensured by a range of renewable energy plants, storage systems and consumers acting as prosumers. The Smart Renewable Energy Forum at Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is, therefore, focusing on new concepts and technologies for digital networking along the energy value-added chain from May 31–June 2.

May 15th 2017
Overall Investment Down But Global Renewable Capacity Surges To Record Levels

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 percent lower than the previous year, according to new research. For instance, new investment in solar totalled $113.7 billion, down 34 percent from the record high in 2015, yet solar capacity additions rose to an all-time high of 75 gigawatts. “The investor hunger for existing wind and solar farms is a strong signal for the world to move to renewables,” said Prof. Dr Udo Steffens, President of Frankfurt School of Finance & Management, commenting on record acquisition activity in the clean power sector, which rose 17 percent to $110.2 billion.

May 12th 2017
Total And SunPower Join Forces To Build Solar Power Plant In Japan

Total and SunPower and ISE Group, have started up a 27-megawatt-peak photovoltaic power plant in Nanao on Japan’s Honshu Island. Completed one year after the beginning of construction, the plant will generate clean and reliable electricity to serve thousands of Japanese households on the island. The Nanao plant is jointly owned by ISE Group, which holds 50 percent interest, with Total and SunPower each holding a 25 percent interest.

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