Total corporate funding in the solar sector comes to $2.8 Billion in Q1 2019, Mercom Capital reports

U.S. consulting firm Mercom Capital Group announced on April 9 the release of its Q1 2019 Solar Funding and M&A Report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019.

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Wind and solar power will account for 96% of the total power supply of renewable energy sources by 2050, report says

Finland’s LUT University and the Energy Watch Group released the “Global Energy System Based on 100% Renewables. Power, Heat, Transport and Desalination Sectors” study, which simulates a transition to 100% renewable energy of the entire world, structured in nine major regions and 145 sub-regions on an hourly resolution of 5-year time periods from 2015 until 2050. The modelling computes the cost-optimal mix of technologies, based on locally available renewable energy sources.

According to the report, the transition to a global energy system based on 100% renewables can be achieved before 2050 if a strong policy framework is implemented.

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Total installed solar PV capacity exceeded 500 GW globally in 2018, IEA PVPS report finds

The International Energy Agency Photovoltaic Power System Programme (IEA PVPS) announced the publication of  the 7th edition of its  report “Snapshot of Global Photovoltaic Markets” on Monday, 15 April 2019.

This report provides estimated data about photovoltaic (PV) capacity in the countries reporting to the IEA PVPS Programme and additional key markets and it serves as a preliminary assessment prior to the 24th edition of the PVPS flagship report “Trends in PV Applications” that will be published at the end of the year.

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Solar power more than doubled in most major U.S. cities over past six years, report finds

Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released yesterday by Environment America Research & Policy Center. The report, Shining Cities 2019: The Top U.S. Cities for Solar Energy, is the sixth annual edition of the most comprehensive survey of installed solar photovoltaic (PV) capacity in major U.S. cities.

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Levelized unsubsidized cost of utility-scale solar is now as low as $36/MWh, Lazard report finds

Financial advisory and asset management firm Lazard Ltd announced on November 8 the release of its annual in-depth studies comparing the costs of energy from various generation technologies and of energy storage technologies for different applications. Lazard’s latest annual Levelized Cost of Energy Analysis (LCOE 12.0) shows a continued decline in the cost of generating electricity from alternative energy technologies, especially utility-scale solar and wind.

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