Solar

IEEFA Research

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation

20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]

IEEFA: India could compete against China in solar module production with the right government support

IEEFA: India could compete against China in solar module production with the right government support

The focus should be on helping manufacturers become globally competitive

7 January 2021 (IEEFA India): Although one of the top 10 solar module producers in the world, India is lagging behind its biggest competitor China, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report, Viability Assessment of New Domestic Solar Module Manufacturing Units, finds current production capacity in […]

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

Intra-state transmission infrastructure is the weakest link in the grid

16 December 2020 (IEEFA India): A new IEEFA report recommends increasing competition in the development of intra-state transmission infrastructure, to speed up deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development of transmission systems must keep pace to meet demand and ensure efficient, reliable delivery […]

and December 16, 2020 Read More →
IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

IEEFA: India’s new record-low solar power tariff demonstrates investor confidence despite the pandemic

What drove the aggressive winning bid of Rs2/kWh ($0.027/kWh) in a recent solar PV auction?

India set a new record low tariff of Rs2/kWh ($0.027/kWh) in the recent Solar Energy Corporation of India (SECI) auction on 23 November 2020. The tariff based bidding was conducted for selection of solar power developers to set up 1,070 megawatts (MW) of grid-connected solar PV projects on a “build-own-operate” (BOO) basis in Rajasthan (Tranche-III). […]

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

IEEFA: By facilitating electricity transmission routes, could Indian Railways fast-track the energy transition?

Transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables

3 December 2020 (IEEFA India): Indian Railways should explore the use of sections of its extensive network for electricity transmission infrastructure. This is a key recommendation in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) that outlines the opportunity for Indian Railways to participate in the nation’s energy transition beyond […]

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

Shift from diesel to renewables can save electric coops P1.4-1.7 billion over next decade

3 December 2020 (IEEFA Philippines): The record-breaking disasters in the Philippines this year highlight the potential for renewable energy to power small island and isolated power grids and save the country up to P13.5 billion per year, and electric cooperatives an additional P1.4 to P1.7 billion over the next decade, finds a new report from […]

IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals

IEEFA report: Foreign investors face tough times closing Vietnam’s remaining coal power deals

Project bankability at risk as new regulations threaten usual contractual terms

3 November 2020 (IEEFA Vietnam): Foreign investors will face higher-than-usual risks in concluding coal power projects in Vietnam, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy Analyst with IEEFA, says new regulatory and market challenges will likely prove too onerous for foreign investors in four […]

and November 3, 2020 Read More →
IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past

IEEFA: Renewables’ strong performance and falling costs can help Kosovo break from a coal-powered past

Economics, EU membership ambitions point to renewables as best path for country’s future electricity needs

October 29, 2020 (IEEFA) — Strong performance by Kosovo’s first large-scale wind and solar farms show the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with a low-carbon European transition and reduce losses from stranded fossil fuel assets. According to a new report by the Institute for […]

Performanca e fortë e burimeve të ripërtëritshme dhe rënia e kostove mund të ndihmojnë Kosovën të shkëputet nga e kaluara e furnizuar me qymyr

Performanca e fortë e burimeve të ripërtëritshme dhe rënia e kostove mund të ndihmojnë Kosovën të shkëputet nga e kaluara e furnizuar me qymyr

Ekonomia, ambiciet për anëtarësim në BE drejtojnë nga burimet e ripërtëritshme si rruga më e mirë për nevojat e ardhshme të energjisë për vendin.

29 tetor 2020 (IEEFA) – Performanca e mirë nga fermat e para të erës dhe diellit në shkallë të gjerë në Kosovë tregon se vendi i Ballkanit Perëndimor i dominuar nga qymyri mund të shfrytëzojë rënien e kostove të ripërtëritshme dhe gatshmërinë për kredi të gjelbëra për tu lidhur më mirë me një tranzicion evropian […]

More News and Commentary

Renewable electricity topped fossil generation in EU for first time in 2020

Bloomberg: Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a […]

January 25, 2021 Read More →

China moving forward with 300MW tidal flat solar project

PV Tech: The first tranches of a 300MW utility-scale solar project built on a coastal tidal flat in China have been connected to the grid. The project, contracted by the 12th Bureau of Hydropower in China, is believed to be the world’s largest solar installation to be built on a tidal flat, spanning more than […]

January 25, 2021 Read More →

Vattenfall to turn closed Moorburg coal plant into a green hydrogen hub

Bloomberg: Vattenfall AB plans to turn the site of its recently shuttered Moorburg coal power plant in northern Germany into a hub for turning wind and solar power into hydrogen. The Swedish state-owned utility is riding the growing enthusiasm for hydrogen, with many countries seeing the clean fuel as key to a low-carbon economy. Governments […]

January 22, 2021 Read More →

Wood Mackenzie sees solar as cheapest electricity resource worldwide by 2030

PV Tech: Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers. That is the conclusion of a new report released by analysts Wood Mackenzie, which also forecasts that the cost of solar PV could fall by a […]

January 22, 2021 Read More →

Tampa Electric to close 445MW Unit 3 at Big Bend coal plant in 2023, 18 years early

Florida Politics: Tampa Electric announced this week its plans to double the number of homes it powers by solar energy from 100,000 today to 200,000 by 2023. “These significant milestones are improving the land, water and air for all Tampa Electric customers,” said Nancy Tower, President and CEO of Tampa Electric. “We are saving our […]

January 22, 2021 Read More →

Terna Energy proposes three floating solar projects in Greece totaling 265MW

Renewables Now: Greek renewable power producer Terna Energy is seeking permission to install 265 MW of floating solar plants in artificial reservoirs in central Greece. The company said on Tuesday it has submitted applications with Greece’s Regulatory Authority for Energy (RAE) to get a producer certificate in relation to the three projects. It estimates it […]

January 22, 2021 Read More →

Chinese utility Huaneng charts course for major renewable energy construction effort

Argus Media: China’s biggest coastal power generator, state-controlled utility Huaneng, has laid out plans to add over 80GW of clean energy-based power capacity in the coming years, potentially curbing its demand for coal. Huaneng plans to develop more than 80GW of additional clean energy power capacity by the end of 2025, taking clean energy to […]

January 21, 2021 Read More →

Iberdrola, Danone move forward with 590MW solar project in Spain, Europe’s largest

Bloomberg: Spain’s largest utility Iberdrola SA and the French food giant Danone SA sealed an accord to build 590 MW-capacity photovoltaic plant, the largest in Europe. The 300 million-euro ($364 million) project will be located in the western province of Caceres, Iberdrola said in statement on its website. The utility will provide power to Danone’s […]

January 21, 2021 Read More →
IEEFA: Bangladesh’s power system overcapacity problem is getting worse  
and

IEEFA: Bangladesh’s power system overcapacity problem is getting worse  

Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation

20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]

IEEFA: Is oil giant Total an emerging leader of the energy transition?

Shows how to pivot from an oil company to an energy company

Last summer, French oil and gas giant Total SE announced a $7 billion impairment charge for two Canadian oil sands projects. This might have seemed like an innocuous move, merely an acknowledgement that the projects hadn’t worked out as planned.  Yet it opened a Pandora’s box that could change the way the industry thinks about […]