SANTIAGO – Chile has emerged as a world-class destination for solar and wind energy developers, according to the International Energy Agency’s latest review of the country’s energy policies. Chile’s energy sector is evolving dynamically in recent years and significant institutional and policy reforms as well as major infrastructure projects have been carried out. The country’s […]
Despite looming policy uncertainty in the two most active markets, corporations globally purchased 5.4 gigawatts of clean power through long-term contracts, surpassing 2015’s record London, Washington D.C. and Hong Kong – Corporations signed a record volume of power purchase agreements, or PPAs, for green energy in 2017. The increase in activity was driven by sustainability […]
How did your solar portfolio perform in Q3? It was likely impacted by some kind of extreme weather. Across the contiguous United States, extreme weather conditions dominated the third quarter of 2017 and brought departures from long-term average global horizontal irradiance, a proxy for PV plant production. GTM has partnered with Vaisala, a company that […]
WASHINGTON – The International Energy Agency’s executive director, Dr Fatih Birol, testified before the United States Senate on Tuesday about the agency’s global market outlook. In his testimony to the Senate Committee on Energy and Natural Resources, chaired by Senator Lisa Murkowski of Alaska, Dr Birol outlined four large-scale shifts in the global energy system […]
NEW DELHI: Renewable energy has quietly crossed a major landmark as it has started competing directly with thermally generated electricity in the spot market, intensifying competition in the sector. ReNew Power has become the first renewable power company to compete with coal-based plants in the spot market as it has received better tariffs than those […]
As a leading renewable energy, prospects PV power is still overshadowed by three major problems: Problem 1: PV cell cost Dr. Varun Sivaram, an expert at an nonprofit think tank, notes that for PV power to attain 30% share on the global power market, its price must plunge to 25 cents/watt, one quarter of existing […]