Convergent Energy + Power completes in New York one of the first solar-plus-storage systems providing a non-wires-alternative

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solar enConvergent Energy + Power, a leading provider of energy storage solutions in North America, and National Grid, an electricity, natural gas, and clean energy delivery company serving more than 20 million people throughout New York and New England, announced the completion of one of the first solar-plus-storage systems providing a non-wires-alternative (NWA). The system, designed, constructed, and operated by Convergent, will deliver more cost-effective, reliable, and sustainable electricity to National Grid customers in Cicero, New York, while leveraging solar energy during nonpeak periods.

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EnergyBin releases new price index report on c-Si modules traded in the U.S. solar secondary market

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PV Module Price Index by EnergyBin gives the first real look at c-Si modules for sale in the secondary market 

EnergyBin announces the release of their first annual (2021) PV Module Price Index for the Secondary Solar Market report. The PV module price index is the first of its kind for the secondary solar market giving the industry its first real look at the pricing of crystalline-silicon modules at a wholesale level, outside of the traditional distribution channel.

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Electricity in Germany would be cheaper today with a full supply of 100% renewables, EWG study finds

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New short study by the Energy Watch Group (EWG) finds: Electricity would already be cheaper today with a full supply of 100% renewables

Berlin, Germany —  In the coalition negotiations for the new German government, both ambitious climate protection and the reduction of electricity prices play a central role. The previous government still expects only 45% renewables in the electricity mix by 2025.

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Total corporate funding into the solar sector reached $14.5 billion globally in 2020, Mercom Capital finds

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New data released by Mercom Capital Group in its annual report on funding and merger and acquisition (M&A) activity for the solar sector in 2020 reveal that total corporate funding into the solar sector, including venture capital (VC) and private equity (PE), debt financing, and public market financing, came to $14.5 billion globally, which represents a 24% increase compared to the $11.7 billion in 2019.

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Global solar PV capacity additions are expected to reach nearly 107 GW in 2020, new IEA report says

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This year, renewables will account for almost 90% of the increase in total power capacity worldwide and solar PV capacity additions are expected to reach nearly 107 GW, according to the Renewables 2020 report released this month by the International Energy Agency (IEA) providing a global outlook on renewables in the electricity heat and transport sectors for the next five years.

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Costs of utility-scale solar projects fell by 9%, Lazard’s analysis finds

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Latest figures released by financial advisory and asset management firm Lazard in its annual in-depth studies, comparing the costs of energy from various generation technologies and of energy storage technologies for different applications, show that the cost of renewable energy continues to decline and maintain competitiveness with the marginal cost of existing conventional generation technologies driven by, among other factors, decreasing capital costs, improving technologies and increased competition.

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