Editor’s note: the costs discussed below, of course, do not take into account the important health benefits and environmental benefits of using solar power instead of dirtier alternatives. Add those in, and we’ve got an even better solar cost situation. Of course, the Stanford researchers were looking at the … [continued]
A new study from Bloomberg New Energy Finance finds that solar power is a much more competitive power option than many think. Basically, the technology has changed so fast that many people just don’t realize it’s such a good option now. From Bloomberg: “Many decision-makers have yet to catch up with … [continued]
In the western region of Spain called Extremadura, a $571-million 400 MW photovoltaic plant is being planned. Construction could begin in 2014 and should be completed in one year. Other than the large size, what is remarkable about this project is that it will receive no government subsidies. It … [continued]
Andrew wrote a few weeks ago on Saudi Arabia perhaps becoming the next solar hotspot, and we’ve written a few pieces recently on big projects or ideas for projects in the Middle East and North Africa (MENA) region. A new analysis by the Emirates Solar Industry Association (ESIA) and sponsored by international consultancy firm PwC contends that we may just be getting started with such stories, as solar photovoltaic (PV) power is now “cost competitive” with conventional fossil-fuel-based electricity generation (not even taking into account massive externalities).
The International Energy Agency (IEA), traditionally a very fossil-fuel-friendly international agency, reported today that renewable energy is becoming cost-competitive (and should receive subsidies to account for its environmental, energy security, and health benefits) — several extended quotes below. While I’m happy to see the IEA make this announcement (and there … [continued]
