According to GTM Research’s latest report, “PV Balance of Systems 2015: Technology Trends and Markets in the U.S. and Abroad,” average global PV system installed costs will fall from $2.16 per watt in 2014 to $1.24 per watt by 2020, a 40 percent decline. Costs will continue to vary by region and market segment, but a combination of balance-of-system innovations will drive cost reductions across the board and ultimately fuel the global solar market to move well past 100 gigawatts by 2020.- The European Wind Energy Association has appointed Giles Dickson as its new Chief Executive Officer. Dickson was Vice President of Global Public Affairs at Alstom before joining EWEA. Prior to this, he was a civil servant in the UK government for over 15 years.
- PHG Energy has acquired the assets of ARiES Energy of Knoxville, TN adding significantly to its established business lines and formalizing the ongoing partnering relationship between the companies. ARiES Energy, a solar, lighting and energy efficiency company, has successfully provided solar photovoltaic, LED lighting, power conditioning and energy efficiency systems for commercial businesses, residences and municipalities in the Southeast.
- A coalition of more than 400 organizations and leaders delivered a historic letter to the White House calling on President Obama to stop new federal fossil fuel leasing on public lands and oceans in the United States. The letter argues that, by keeping publicly owned fossil fuels that haven’t already been leased to industry in the ground, President Obama can keep nearly half of the potential emissions from all remaining U.S. fossil fuels, up to 450 billion tons, from the global pool of potential carbon pollution.
