- Egypt has invited bids for the development of 500 MW of renewable energy projects, including one solar PV, one concentrating solar power (CSP), and one wind power project. The Egyptian Electricity Transmission Company and the New and Renewable Energy Authority announced separate tenders for 250 MW of wind, 200 MW of PV and 50 MW of CSP capacity. [SeeNews Renewables]
- The average price of adding solar to a home or business has dropped by more than 50% over the past years, according to Lawrence Berkeley National Laboratory’s eighth-annual “Tracking the Sun” report. Solar prices are falling across America, largely due to industry efforts to reduce solar soft costs (non-module project costs) as government incentives taper off. [CleanTechnica]
- Solar energy generation surged by around 153% over the last year in the UK, according to analyst company EnAppSys. The new report also notes that, while solar PV generation currently accounts for only 4% of the UK’s electricity supply, that growth in the industry was already causing “oversupply” to the grid, thus contributing to negative market prices during some periods. [CleanTechnica]
- First Solar has already sold out of solar photovoltaic (PV) module capacity for 2015, and for most of 2016, according to the most recent figures. Overall, the company beat analyst predictions pretty handily, coming in with net sales of $896 million for the second quarter, accompanied by a 1:1 book-to-bill ratio. This amounts to a rise from the first quarter of nearly $427 million. [CleanTechnica]
- After a very successful debut in Northern California, in March of this year, Neste’s NEXBTL renewable diesel is now also available to drivers in Southern California at retail stations. Propel Fuels is the first retailer in the world to sell essentially neat NEXBTL renewable diesel to consumers under the brand name Diesel HPR. [IT Business Net]
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