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The era of subsidies for wind and solar is coming to a close — Quartz


April 17, 2021
Last August, solar developers entered an auction to sell power into the Portuguese electricity grid. And many planned to lose money on every megawatt. One of the winning bidders, Spanish solar firm Enerland, offered to sell electricity for €11.14 (US$13.12) per megawatt-hour (MWh), one of the lowest auctioned electricity prices in history. One megawatt hour is slightly more than the average home in the US consumes per month

Enerland and other bidders are selling Portugal energy at prices as much as five-times lower (pdf) than the cost to generate it, estimates Bloomberg New Energy Finance (BNEF). But they are not throwing their money away. They’re betting the superior economics of solar power, and a coveted connection to the country’s crowded electricity grid, will cover any losses over the first 15 years (solar facilities are expected to last about 40 years). After that period, they can sell their power at prevailing market rates (now more tha ....

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Secrecy and Abuse Claims Haunt China's Solar Factories in Xinjiang - Governors' Wind Energy Coalition


Governors Wind Energy Coalition
Secrecy and Abuse Claims Haunt China’s Solar Factories in Xinjiang
Source: By Dan Murtaugh in Singapore, Colum Murphy and James Mayger in Xinjiang, China, and Brian Eckhouse in Los Angeles, Bloomberg • Posted: Thursday, April 15, 2021
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 drive from Urumqi, the capital of the Xinjiang region at the center of China’s crackdown on Uyghurs and other Muslim minorities. The only structures that rise up among miles of rolling snow-covered fields are the chimneys of coal-fired power plants, belching white smoke. ....

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Secrecy and Abuse Claims Haunt China's Solar Factories in Xinjian-547224


Secrecy and Abuse Claims Haunt China’s Solar Factories in Xinjian
Sun Online Desk
15th April, 2021 11:56:20
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 drive from Urumqi, the capital of the Xinjiang region at the center of China’s crackdown on Uyghurs and other Muslim minorities. The only structures that rise up among miles of rolling snow-covered fields are the chimneys of coal-fired power plants, belching white smoke.
Almost no one outside China knows what goes on inside these factories, or two others elsewhere in Xinjiang that together produce nearly half the world’s polysilicon supply. State secrecy cloaks the raw material for a green boom that researchers at BloombergNEF project will include a nearly tenfold increase in solar capacity over the next three decades. Solar is set to grow by about a quarter this year af ....

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Here comes the Sun King - PV Tech


Here comes the Sun King
April 14, 2021
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Having jostled for the title for some time, the International Energy Agency made headlines late last year when it crowned solar PV as the new “king of electricity markets” worldwide, ahead of wind, hydropower and all other generation technologies. Citing drastic reductions in price over the last decade in particular, the IEA – which is reasonably famed for having underestimated solar PV’s potential in the past – projected that solar would smash deployment records in each year from 2022 onwards, becoming the preeminent source of power in Europe by 2025.
That projection came within the IEA’s World Energy Outlook report for 2020, wherein all of the association’s models projected that renewables would grow rapidly over the coming decade. Solar, however, was said to be at the centre of that growth, a mixture of maturing technologies and supportive policies opening up ultra-cheap access to capi ....

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