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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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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

by Steven Pleging, CEO/President of Quantum Solar Power Corp. I believe that the loss of industry players Solyndra, Evergreen, and SpectraWatt opens the market for more innovative solar companies to succeed with smarter tactics and mainstream products that fit into existing manufacturing models.

Solar 246
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Falling capital costs enabled record volumes of both solar (132GW) and wind (73GW) to be installed on the basis of the modest increase in dollar investment.

2020 259
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Inside the Global Race to Tap Potent Offshore Wind

Cars That Think

And in many places, such as North America’s deep Pacific coast, the strongest and steadiest wind blows in the evening, which would perfectly complement solar energy’s daytime peaks. Ireland, South Korea, and Taiwan are among the other countries with bold floating wind ambitions. Hence the push for wind platforms that float.

Wind 131