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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

Asia 52
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Cheap solar panels from China are all over Europe – and everyone is freaking out

Baua Electric

Photo by Pixabay on Pexels.com Europe is installing more solar panels than ever before, thanks to a flood of cheap Chinese solar panels, driving installations by 40% last year. European local solar panel manufacturers have reached a crisis in that they say they can’t compete with cheap imports and oversupply.

Cheap 52
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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union. But now Europe may enforce its own tariffs.

Chinese 52
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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

To help California mitigate its ever-growing wildfires, this year CalSEED has included companies that are innovating in technologies that will build wildfire resiliency into the grid. Their goal is to test an innovative electrolyzer concept for the cheap production of green (CO 2 -free) hydrogen for a decarbonized future.

Clean 371
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I visited Ride1Up’s e-bike factory to find the secret behind good quality, low-cost e-bikes

Baua Electric

So when I was recently touring Asia to visit micromobility factories for a peek behind the curtain, I knew Ride1Up’s factory would be high on my list. If you cheap out, you get cheap products. The first step is to install the pedal drivetrain, which includes the bottom bracket, chainring, cranks, and pedals.

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The Greenius Solution To All California’s Problems: AB 920 + AB 811

Creative Greenius

My vision makes us the world leader in the new electric transportation future that is destined to replace gasoline-powered transportation – the one that Asia is currently on course to lead. That equation is going to drive solar installations across the board on every roof in the state. We can take that lead if we want it.

Solar 186