- According to a newly published US Solar Market Insight Report from Greentech Media and the Solar Energy Industries Association, the US solar market added 2,044 MW of new capacity in the first quarter of 2017. The report says prices continue to fall, with utility-scale system prices dropping below $1 per watt for the first time. [pvbuzz media]
- Global coal production fell 6.2% in 2016, the most ever recorded, according to BP’s Statistical Review of World Energy, a closely watched compendium of information about global energy trends. Coal made up only 28% of the world’s energy production last year. US output declined 19% and Chinese production fell almost 8%. [Fox Business]
- Investment banker Goldman Sachs signed a long-term Power Purchase Agreement with a subsidiary of NextEra Energy Resources, which will enable development of a new 68-MW wind project in Pennsylvania. Once operational, it could result in the reduction of more than 200,000 tons of greenhouse gas emissions a year. [Environment News Service]
- “Global Oil Majors Are Poised for a Resurgence in Solar and Wind” • The recent report from Wood Mackenzie said the global market for wind and solar is set to grow “much faster than oil demand.” The world’s largest oil and gas companies may use wind and solar to diversify and future-proof fossil-fuel-heavy portfolios. [Greentech Media]
- The British government appointed Claire Perry to be Minister at the Department for Business, Energy, and Industrial Strategy. The appointment will be largely welcomed by renewable energy campaigners after her positive comments on the importance of the Paris agreement and the necessity of investing in clean energy. [Power Engineering International]
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