09-02-2015, 11:26 PM
Economic Times: Solar Could Soon Be Cheaper Than Thermal Energy in India Solar power could become as cheap as conventional thermal energy over the next two to three years and reach Rs 4-4.5 per unit by FY18, India Ratings and Research (Ind-Ra) said in a report. "This will be driven by a decline in capital costs -- solar modules and other balance-of-plant equipment, an increase in efficiency, a shift toward large solar photovoltaic projects leading to the economies of scale and lower return expectations by developers," Ind-Ra said.
Solar Will Soon Be Cheaper Than Fossil Fuels in India, Says Credit Agency : Greentech Media
Trina raised its guidance for 2015 total PV module shipments to 4.9 gigawatts to 5.1 gigawatts from its original guidance of 4.4 gigawatts to 4.6 gigawatts, of which 700 megawatts to 800 megawatts of PV modules will be shipped to Trina's PV power projects, up more than 33 percent from 2014. Trina expects to ship between 1,450 megawatts and 1,500 megawatts of PV modules in Q3. By the end of 2015, Trina expects to have PV cell capacity of approximately 3.5 gigawatts and PV module capacity of approximately 4.8 gigawatts.
Solar Earnings Roundup: Trina, SMA, Canadian, Yingli, NRG and Vivint Solar : Greentech Media
Installed pricing trends presented within this report derive primarily from project-level data reported to state agencies and utilities that administer PV incentive programs, solar renewable energy credit (SREC) registration systems, or interconnection processes. In total, data were collected for roughly 400,000 individual PV systems, representing 81% of all U.S. residential and non-residential PV capacity installed through 2014 and 62% of capacity installed in 2014, though a smaller subset of this data were used in analysis.
NewEnergyNews: TODAY’S STUDY: SOLAR THIS YEAR
The aim of stabilizing global temperatures will require enormous investments in renewable energy and energy efficiency in the near term, but these investments are economically feasible and will save society billions in the coming decades, according to a new report from Citigroup.
Investment Bankers Think Solar and Wind Will Grow Way Faster Than the IEA Forecast : Greentech Media