QUICK NEWS, February 26: World’s Women Are A Key To The Climate Fight; The Market’s Picks For Best Wind Turbine Makers; Solar’s Rising Star In The Stock Market
World’s Women Are A Key To The Climate Fight Climate Change: Women Will Save the World
February 26, 2018 (The Mark News via The Bogata City Paper)
“…The human and economic costs of failing to act [to stop climate change] are too high…[and acting] presents a great opportunity…Climate action can lift people out of poverty and ensure their needs are met, even as the world’s population creeps towards 10 billion by 2050…[But national] governments alone cannot deliver lasting prosperity…[It will require the transformation of] our societies and our economies…Gender equality and the empowerment of women and girls [is among the top ten solutions]. Including and empowering women and girls to develop and implement climate solutions is the right thing to do. It is also the smart thing to do…[But] gender equality and women’s empowerment in the field of climate change and sustainable development…[faces cultural, structural and institutional barriers] across all sectors of the economy – in private enterprise, public and political institutions and entrepreneurship. It is a dynamic we can and must change…” click here for more
The Market’s Picks For Best Wind Turbine Makers Vestas Holds the Top Spot in Global Wind Turbine Supplier Ranking in 2017; FTI Intelligence Releases Preliminary Findings from Its Global Wind Market Update – Demand & Supply 2017
February 26, 2018 (Nasdaq/Globe Newswire)
“…[Preliminary rankings for the world’s top five wind turbine manufacturers found Denmark’s Vestas to be] the world’s largest supplier of wind turbines in 2017, due to the Danish supplier’s wide geographic diversification strategy and strong performance in the U.S. market…[Global new wind installations dropped 5% in 2017, primarily] due to a slowdown in installations in China. However, Europe installed more than 16 GW last year, representing [a record 16%] growth..[Solar photovoltaic (PV) was] the No. 1 non-hydro renewable energy source for the second year in a row. Global solar PV installations in 2017 reached nearly 100 GW, which is almost double the installations that wind achieved in 2017…Auctions are becoming the norm. 2017 saw auctions occur in more than 15 markets, with more than 20 GW of onshore wind and nearly 5 GW of offshore wind awarded contracts in the past 12 months. However, such transition has caused near-term market volatility, as seen in India and Germany…Mexico’s latest auction set a new world record for onshore wind with the average awarded price of USD$18.68/MWh…” click here for more
Solar’s Rising Star In The Stock Market Is This Solar Energy’s New Growth Stock? SunPower may be growing faster than you think.
Travis Hoium, February 26, 2018 (The Motley Fool)
“…[SunPower Corporation (NASDAQ:SPWR) may] be a growth story in the solar industry. After years of struggling with costs that were higher than competitors' and a foundering project-finance business, the company is focusing on its roots as a solar manufacturer -- and the strategy may pay off with growth as early as this year…[but] it's where SunPower is growing that will also be important for investors…[SunPower's growth plans in 2018] included a wide range of potential deployments of between 1.5 GW and 1.9 GW of solar panels this year…The wide range comes from SunPower's joint venture (JV) in China…Growth could really start kicking into high gear in 2019. Management recently said that China's JV capacity will be [up from a maximum in 2018 to] nearly 2 GW, and still ramping…[SunPower is already in the process of transitioning] to a next-generation solar cell (NGT)…But Sunpower’s full-year] guidance of $1.8 billion to $2.2 billion of non-GAAP revenue may fall short of 2017's $2.13 billion of revenue…[because its transition may not] drive revenue growth until 2019…” click here for more
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