[Editor’s note: We’re trying a new morning green energy briefing which should deliver every day by 9am ET. Please comment below]
Hawaii increasing electricity rates 6.9% for, partially, solar power related upgrades – The islands have a very high electricity rate and their utilities have been working hard (very hard) – including setting a goal of 100% renewables by 2045. I wrote them an email asking for some feedback on future upgrades.
The UK is getting 50% of its electricity from low/no carbon sources – Nuclear, wind, solar and biomass led to the UK breaking 50% clean electricity in Q3’16. The same quarter in 2015 was at 45%. During the same period in 2016, coal fell to 3.6% of electricity. Large volumes of wind energy was exported from Scotland to England.
60% of Chinese PV manufacturers may be forced to close – With very high debt to asset ratios, and a coming slow down in the Chinese solar installation market, many solar PV manufacturers will have significant pressure on profitability.
All the US State level energy legislation that was passed in 2016, all in one place – If you’re really interested in what’s going on in your state, delve into the database. I also use DSIRE.
EU Commission favors keeping limits on Chinese solar panels – Though it isn’t final, and China is asking for consideration – it seems the EU is going to keep a minimum sale price in place on Chinese solar panels. The minimum price is currently set to fall from €0.56 ($0.59)/W to €0.46 ($0.48)/W. In the open market, these panels can be bought as low as €0.38/W ($0.40/W).