It’s now cheaper to build and operate new large-scale wind or solar plants in nearly half the world than it would be to run an existing coal or gas-fired power plant. That’s the latest analysis from BloombergNEF, which sees that even with the risk of rising commodity prices, a new solar park or wind farm […]
Why Hydrogen is Starting to Get the Green Light in Global Renewables
RECAI 57: we examine initiatives in different regions to find out how low-carbon hydrogen might be used in pursuit of net zero. Green hydrogen is seen by investors, developers and politicians as an enabler to meet net-zero targets. With its vast domestic market, large state-owned companies and abundant renewable resources, China could become a green […]
What It Takes to Turn Cities Into Bulwarks Against Climate Change
Grownups look straight past the nuts and bolts of the city. Power lines and drainage grates go unseen. But my 8-year-old notices, even those up above the row houses. “Look at that,” Felix says, “there’s one with solar panels.” It’s a forerunner of the next city that he sees—the resilient cities we’re going to have […]
Secrecy and Abuse Claims Haunt China’s Solar Factories in Xinjiang
The world’s green power surge depends on polysilicon made in China’s remote Northwest. No one really knows what’s going on inside the facilities. In the wilderness of the Gobi Desert sit two factories that churn out vast quantities of polysilicon, the raw material in billions of solar panels all over the world. It’s a four-hour […]
BloombergNEF Awards Sungrow a 100% Bankability Rating for a Second Year
HEFEI, China: Sungrow, the global leading inverter solution supplier for renewables, announced that the Company was once again ranked “100% bankable” by BloombergNEF as per the latest survey of PV Module & Inverter Bankability 2020, becoming the only inverter supplier ranked “100% bankable” for two straight years. It demonstrates that banks are more likely to give […]
LONGi has the highest Altman-Z score among all solar manufacturers in BloombergNEF’s Q2 report, displaying strong bankability
LONGi has the highest Altman-Z score of 3.27 among all photovoltaic manufacturers in BloombergNEF’s recently released “2Q 2020 Global PV Market Outlook” and is now the largest module manufacturer, with a production capacity of 20GW. Figure 1:《Q2 2020 Global PV Market Outlook》，BloombergNEF The Altman-Z score is a financial ratio indicator that reflects the […]
BloombergNEF Awards Sungrow a 100% Bankability Rating
HEFEI, China : Sungrow, the global leading inverter solution supplier for renewables, announced that it was rated “100% bankable” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects using Sungrow inverters are more likely to obtain non-recourse debt financing from banks compared to other competitors. The BloombergNEF bankability survey asked banks, developers […]
BATTERY POWER’S LATEST PLUNGE IN COSTS THREATENS COAL, GAS
Lithium-ion batteries and offshore wind both see dramatic gains in competitiveness during the last year compared to longer-established energy options London and New York: Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the […]