T: 01242 620894 E: info@mypoweruk.com

Solar generation capacity has exceeded new coal generation globally for the first time

The FT reports on how new solar generation capacity has exceeded new coal generation globally for the first time. The developing economies of Asia and Latin America are leading the charge with India and China being the obvious stand out economies where solar is growing at a stunning rate.

These fast growing economies will have the benefit of cheap electricity produced by solar for the next twenty five years reducing their need to import oil, gas and coal.  

This massive deployment of solar electricity generation across the globe is now producing electricity as cheap as 2.5p per kWh; the transformation of the global energy landscape is unstoppable.

You can read the FT article here.

If you’d like to explore how your company can profit from long–term cheap electricity, contact us here….

 

News Headlines

Tesla will soon face serious EV competition from Porsche

Gas, nuclear and coal generators told to produce less electricity this summer

British Gas is increasing the cost of energy by 5.5% this month

VW is still dealing with the fallout from #dieselgate in the US

Audi is joining the all electric club with a new SUV

UK electricity demand being generated by renewables just keeps growing

Saudi Arabia is going to build the world's largest solar project

Electric air transport on the horizon

Spat between Aston Martin and Rolls Royce

National Grid planning a network of superfast chargers at UK motorway services

California is racing towards a solar future

Porsche and Daimler Benz increasing EV commitments

UK industry pays 33% more for electricity than the rest of Europe

Former Energy Minster pleas for government to bankroll expensive Swansea tidal lagoon

Gloucestershire drivers are leaders in the electric car uptake

A compelling business argument for solar

The potential for solar across Africa is huge

UK's reliance on imported gas could soon backfire

Fuel forecourt operators have a serious choice to make with EV charging

Mypower shine to win another Solar energy award