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IEEFA: Vietnam’s extraordinary rooftop solar success deals another blow to the remaining coal pipeline

9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year As of 31 December 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4GW) of rooftop solar capacity had been connected to the national power system, […]

Daqo New Energy Reiterates its Stance Against Forced Labor and Calls for Rational and Responsible Dialogue

Seoul reaffirms its commitment to reduce coal reliance

Coal-fired power generation in South Korea is expected to decrease by 23pc by 2030 from 2019’s level, under the government’s ninth basic electricity plan. This would reduce annual power-sector coal consumption by around 18.6mn t/year of NAR 5,700 kcal/kg-equivalent material. The ministry of energy and industry (Motie) last month finalised its plan to reduce the […]

Daqo New Energy Reiterates its Stance Against Forced Labor and Calls for Rational and Responsible Dialogue

Just 8% of Delhi power procured from unclean source: CSE

The capital is now only procuring 5-8% of its power from unclean sources, a new analysis carried out by the Centre for Science and Environment (CSE) has found. NEW DELHI: The capital is now only procuring 5-8% of its power from unclean sources, a new analysis carried out by the Centre for Science and Environment […]

List of beneficiaries – Central subsidy (MNRE) phase 1, disbursed last week

South Africa Renewables Developers Impatient for New Bidding Opportunities in 2021

A stop-gap procurement ending this month raises hopes for a new bid window soon. South African independent power producers (IPPs) are hoping for the return of a national procurement program next year following a stop-gap auction ending this month. Offers to cover 2 gigawatts of “risk-mitigation” IPP capacity were due by Dec. 22, after an […]

Solar company Starsight secures $10 million in financing

Asia Pacific renewables ‘cheaper than coal by 2030’

The levelised cost of electricity (LCoE) for renewables is expected to be cheaper than coal across the Asia Pacific by 2030, according to analysis by Wood Mackenzie. Across the region, new investments in renewables power are expected to be 23% lower cost than coal power on average by the end of the decade, the research […]

Daqo New Energy Reiterates its Stance Against Forced Labor and Calls for Rational and Responsible Dialogue

China’s new coal plants risk 2060 climate target: researchers

A new report published by the Helsinki-based Center for Research on Energy and Clean Air warned that overcapacity of existing plants and new ones being built mean it will be hard for Beijing to meet the much-lauded climate goal promised by President Xi Jinping earlier this year. The research organisation called for the Chinese government […]

Daqo New Energy Reiterates its Stance Against Forced Labor and Calls for Rational and Responsible Dialogue