News Snapshot:
Windpower Monthly: Wind and solar PV could attract more investment than any other power generation source in the Asia Pacific region in the next decade as the two technologies become cost-competitive with coal by 2030, according to new analysis. Consultancy Wood Mackenzie believes the region’s power generation sector could attract investments worth $1.5 trillion through to 2030. It forecasts wind and solar will account for 66% of this ($1 trillion), with fossil fuels – mainly coal and gas – taking the remaining €500 billion. The analysts forecast more than 170GW of new power capacity will be added every year until...
