Solar Energy News Roundup for December 20, 201613

Solar Energy News Roundup for December 20, 201613

Local News:

  • Citicore plans to build solar projects overseas- Renewable energy company Citicore Power Inc. plans to build 500 megawatts of solar capacity overseas as a part of its expansion program. The company said the solar projects would be put up in  Japan, Malaysia, Indonesia, Thailand, Vietnam and Myanmar. 

  • Vallacar goes solar- Vallacar Transit Inc. entered into a 1 megawatt solar roof contract with UpGrade Energy Philippines at the Ceres compound in Barangay Mansilingan, Bacolod City, yesterday.

  • Netizens make Christmas brighter for remote barangays- Initiated by Lady’s Choice Philippines, the social media movement has been launched after the mayonnaise brand made Christmas brighter for the families in Sitio Naubo, Negros Oriental by giving them sustainable solar lamps. 

 

International News:

  • How Low Can Solar & Wind Go? - Analysts found that new solar and wind installations are cheaper than a new coal-fired power installation just about everywhere?—?even without subsidies. The cost of renewables continues to fall rapidly.

  • Solar Power Is Now The World's Cheapest Energy- Over the past six years, the cost of solar energy has dropped dramatically, to the point where it is now even cheaper than wind power in emerging markets like China and India. This may be largely due to rising investments in solar over the last few years

  • Solar Is Being Held Back by Regulations, Not Technology- A recent found that antiquated regulations are costing the growing solar market an additional $70 billion.

  • Why is corporate America picking wind power over solar?- Google, Microsoft, Dow Chemical and other big companies are buying five times more wind than solar electricity in the race to hit ambitious emissions targets

  • Google Data Centres Will Be 100% Renewables Powered In 2017- Google has confirmed that it will make good on its 2015 promise to go as green as it can go. The company has said it will hit its target of offsetting 100% of the energy used at its data centres and offices against power from renewable sources, and will do it in 2017.

  • Cutting Costs Will Be Imperative for PV Enterprises as They Face Falling Prices in 2017- EnergyTrend estimates that the total PV demand worldwide for 2016 will reach 69.5GW. The installation rush in China during the year’s first half and significant market growth in the U.S. and India have been driving this year’s demand. The outlook of the PV market for 2017, however, is generally negative. Not only demand growth for next year will be flat with the annual rate at almost zero, prices across the supply chain may swing sharply downward in the year’s second half due to the severity of the oversupply situation

  • Trina Solar Reveals New Efficiency Record of 22.61% for Mono-Si PERC Cell- Trina Solar announced on December 19th that its State Key Laboratory of PV Science and Technology of China, set a new world conversion efficiency record of 22.61% for a high-efficiency p-type mono-crystalline silicon (c-Si) solar cell