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From Electrek: Electrek green energy brief: Dong building wind without incentives, cheap...

Discussion in 'News from Electrek.co' started by RSSFeed, Apr 14, 2017.

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    Electrek green energy brief: Dong building wind without incentives, cheap solar power causing problems, more

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    Solar Installers Struggle as Panels Become Cheap Enough to Own – This is the best problem in the world for these companies to have. They are going to be forced to sell directly to these populations, book revenue up front and get the Wall Street people – who hate the heavy debt load of the lease structure – off their backs. There will still be a lot of solar leasing going on for a bit – but, like SolarCity has already done since at least 4th quarter of 2016, a lot of direct sales will occur. Not to mention that this is great for the solar industry in general – regular people are paying cash for solar. That’s pretty cool.

    Dong Energy bids 480MW with zero incentiveOWP West and Borkum Riffgrund West 2 – DONG Energy made bids at zero EUR per MWh, i.e. these projects will not receive a subsidy on top of the wholesale electricity price – caveat, these projects are to be commissioned by 2024, as such they’re expecting much price reduction from today. Nonetheless, this is a utility sclae clean energy source that the owners think can make money without incentives. That’s cause for celebration.

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