A new report published this week by the International Renewable Energy Agency has found that 77% of onshore wind projects and 83% of utility-scale solar PV projects set to be commissioned in 2020 will be cheaper than the lowest fossil fuel-fired generation prices.
Reading, seeing, watching, or listening to what passes off as news these days can inevitably bring a sense of doom, uncertainty, and fear (FUD) that some politicians love to bathe in to justify their middlemen role and push whatever pet project they have for their business buddies. But there is also good quality news out there if you let independent journalists communicate what they know best, fields they master for the purpose of bringing more light to important matters.
China’s price regulator announced this week that it will cut tariffs paid to solar and wind projects in order to reflect the continuing decline in project costs.
Renewable energy won’t die from cheap oil. With oil prices hitting six-year lows, you would think cleantech’s momentum would stop. After all, history has not been kind to renewables when oil prices have fallen. However, Bloomberg Business paints a different picture. In his analysis, author Tom Randall cites 7 key reasons why, this … [continued]
Solar energy enthusiasts, here’s another solar energy news roundup. Enjoy! Solar panel prices have dropped 80% since 2008, and wind power prices are down too. (Planetsave) Recurrent Energy, a US-based subsidiary of Sharp Corporation, is reportedly up for sale. Notably, Recurrent Energy promised an astonishing 5¢/kWh solar electricity supply to Austin Energy in May, … [continued]
Here’s a milestone to mark. Solar power is apparently going to be sold to Austin Energy for a tiny bit less than 5¢/kWh under a new 25-year power purchase agreement (PPA) with SunEdison. Austin Energy says the deal will even lower electric rates a bit. It’s from no small project … [continued]
Below is an article I wrote a few months ago for CostofSolar.com — the story is essentially the same today. In order to bring even more attention to this matter, I also commissioned the above video through Solar Love & CleanTechnica. Enjoy, and share with friends! People need to know … [continued]
