There were 61 electricity procurement contracts announced in the Europe region in Q1 2021, marking a rise of 42% over the last four-quarter average of 43, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Europe region in Q1 2021 with 206 contracts and a 44.1% share, followed by Generation Equipment with 106 contracts and a 22.7% share and Electricity Procurement with 61 contracts and a 13.1% share during the quarter.

Europe Electricity Procurement Contracts Activity Up 42% in Q1 2021 | Devamı>>>

Between Covid-19 and natural disasters, Mother Nature threw Americans a curveball in 2020. Solar companies are hitting it out of the park.

Solar panels and battery systems have renewed appeal for people spending far more time in their homes and less certain about the lights staying on.

Meanwhile, interest rates have never been lower, making it cheaper for capital-intensive businesses such as Sunrun and Sunnova Energy International to raise funds.

Pandemic Is Ray of Light for Solar Industry | Devamı>>>

Renewable energy, led by solar power, could make up 80% of the growth in electricity generation over the next decade, according to a report published Tuesday.

The International Energy Agency said it is now consistently cheaper to generate electricity by capturing the sun’s energy than by burning coal or natural gas in most countries.

Solar photovoltaic cells are now one of the cheapest sources of electricity in history thanks to maturing technologies and policies that have reduced the cost of investments, the Paris-based agency said.

Solar Power Could be ‘The New King’ as Global Electricity Demand Grows | Devamı>>>

Renewable energy 2030 targets already written into official policy by 87 governments around the world would mean the construction of an estimated 721 gigawatts of new capacity in wind, solar
and other non-hydro renewable power technologies over the next decade, according to analysis by BloombergNEF. Meanwhile, those private sector companies that have joined the RE100 group, pledging to source 100% of their power from renewables, will need to buy an estimated 210 terawatt-hours of green electricity by 2030, on top of what they consume now, in order to be on track.

Global Trends in Renewable Energy Investment 2020 | Devamı>>>