In tenders around the globe the cost of wind and solar power is falling. Record low bids come in solar in India, offshore wind in Germany, wind and solar in Latin America, and in many other geographies.
Three offshore wind projects with a combined capacity of 3.2 GW were successful in the UK government's second CfD auction. There was a dramatic fall in the cost of offshore wind, which is now cheaper than new nuclear energy.
Solar demand in 2017 is expected to decline not only in China but also in other major markets. The signs are there that companies in the solar PV supply chain are facing a new period of overcapacity and fierce price competition.
The global renewable energy industry is going through a consolidation phase at full throttle. Here are some of the hottest M&A transactions around.
Major investments in renewable energy capacity are happening both in emerging and established markets. Important news for some of the biggest projects globally are gathered in the Big Projects section. Don't miss a thing!