China To Install Well Over 200 GW Solar In 2023
Citing Low Module Prices, BNEF Revises Global Solar PV Forecast Up To 415 GW With 240 GW In China
Bloomberg New Energy Finance (BNEF) has revised its global solar PV installation forecast for 2023 to between 410 GW and 415 GW, with China contributing as much as 240 GW.
China Exported 19.8 GW Solar Modules In Sept. 2023
InfoLink Sees Chinese Solar Modules Still In Demand Globally, Despite Inventory Issues, But Challenges Lie Ahead
Chinese solar module manufacturers are slowly seeing the impacts of inventory pile-up in their various export markets, especially Europe, says InfoLink Consulting.
Time To Make The Most Of Solar PPA Price Stability In Europe
LevelTen Energy Reports 2% Increase In PPA Prices For Wind & Solar Across Europe, But Things May Change Soon
LevelTen Energy says this is the right time for European corporate buyers to seize the moment of current period of pricing stability and sign power purchase agreements (PPA) for solar and wind power projects.
Rising Costs Impacting RE Developers In North America
Large-Scale North American Solar PPA Prices Cross $50/MWh Threshold For 1st Time Since 2018
The power purchase agreement (PPA) prices for large-scale solar power plants in North America crossed $50/MWh for the 1st time in Q3/2023, according to LevelTen Energy as price rise across the board impacts developers. Solar PPA prices rose 4% QoQ .
Solar Industry Financing Robust During 9M/2023
Mercom Capital Reports $28.9 Billion Total Corporate Funding For PV Sector Globally
Investor interest in global solar PV remains strong as, according to Mercom Capital Research, the sector’s total corporate funding for 9M/2023 increased on a year-over-year (YoY) basis ‘despite inflationary challenges.’ The $28.9 billion rai.
China Shipped 17.3 GW Solar Modules In August 2023
Europe Procured Around 78 GW Chinese PV Modules In 8M/2023; InfoLink Expects Demand To Drop In H2
Europe continues to be the largest buyer of Chinese solar modules, taking in 47% of total exports in August 2023, according to the latest analysis of InfoLink Consulting.
US Forecast To Install 35 GW DC New Solar in 2023
EUPD Research Expects IRA To Enable 233 GW DC Solar & 69 GW Storage Capacity Additions Till 2028
The EUPD Research of Germany forecasts the US to install 233 GW DC of new solar PV capacity between 2023 and 2028, thanks mainly to the enactment of the Inflation Reduction Act (IRA).
Demand For N-Type Solar Cell Technology Taking Over
TrendForce Warns Of ‘Sporadic’ Shortage Of High-Quality Silicon Materials & Wafers For N-Type Cells
The growing demand for high efficiency n-type solar cell technology globally may just end up phasing out a substantial part of PERC cell technology within next 3 years, says TrendForce.
Solar Is Most Favored Energy Source Globally
Survey Sees Overwhelming Support For Solar Energy; Strong Leadership Needed To Achieve ‘Moonshot’ Mission
A survey of citizens in 21 nations shows solar energy wins over fossil fuels as the power generation technology of choice. Currently it makes up only 2% of the global energy consumption compared to 77% share of fossil fuels.
MENA Needs To Accelerate Wind & Solar Adoption
GEM: Over 500 GW New Solar & Wind Capacity Must For MENA Nations To Achieve Decarbonization
The Middle East and North Africa (MENA) region can achieve a fully decarbonized electricity sector before 2050 if it installs over 500 GW of solar and wind energy capacity to replace electricity generation from 343 GW of gas and oil power plants, pro.
H1/2023 Solar Cell & Module Shipment Rankings
Tongwei & JinkoSolar Lead Global Solar Supplies As Large Manufacturers Stay Put On InfoLink’s Lists
The top 10 solar module manufacturers in H1/2023 shipped around 159 GW to 160 GW capacity with JinkoSolar leading the tally, while Tongwei led top 5 cell producers that altogether sold 84.4 GW capacity globally, according to the latest shipment ranki.
BloombergNEF’s 2023 Solar Installation Forecast
Analysts Expect Almost 400 GW New Build PV Capacity As Module Prices Hit Record Lows
Falling prices of solar modules and rapid build of PV projects in China and elsewhere are expected to drive solar installations in 2023 to a ‘record high’ volume of nearly 400 GW, according to Bloomberg New Energy Finance (BloombergNEF). An.
$438 Billion/Year For India To Achieve Net Zero By 2050
India Can Decarbonize Power Supply By 2050, In Cheapest Way, By Maximizing Solar & Wind Deployment
A new report from Bloomberg New Energy Finance (BloombergNEF) sees India reaching net-zero by 2050 with as much as 3 TW of wind and solar capacity, ably supported by complementing technologies for which it will require an annual average investment of.
Future Bright For Perovskite Solar Technology
Rethink Energy Pegs Global Perovskite Manufacturing To Grow To 100 GW By 2030
Going by the steady improvement in their efficiency, perovskite is likely to become a ‘viable force’ in the global solar PV manufacturing industry, growing to account for a cumulative 100 GW by 2030, according to new research from England-based thinktank Rethink Research’s Rethink Energy.
Wood Mackenzie’s Global Solar Forecast For 2023
Expect ‘Nearly’ 270 GW DC New Solar Installations This Year, Growing To 330 GW DC By 2032
Ambitious renewable energy targets, increased electrification, expanding policy support and falling levelized cost of energy (LCOE) for solar are among reasons Wood Mackenzie cites to predict 33% annual growth for solar installations increasing to ar.
Indian Solar Installations Dropped 19% In H1/2023
JMK Research: India’s Cumulative Installed PV Capacity Grew 6.7 GW+ With 2.3 GW Rooftop Solar
Rooftop solar segment is gradually growing in the Indian market with JMK Research & Analytics counting around 2.29 GW installed in H1/2023, higher than the entire rooftop PV capacity in CY2022, even as the overall 6.79 GW added during the period dropped 19% on annual basis.
RE Can Enable Japan Achieve Net Zero By 2050
Cheapest Way For Japan To Decarbonize Power Supply Is Led By Wind & Solar Power, Says BloombergNEF
With very little help from clean hydrogen, Japan can easily decarbonize its power supply by 2050, achieving the targeted net zero status by accelerating the deployment of mature clean technologies as solar, wind and electric vehicles (EV), says Bloom.
Solar Energy Jobs On The Rise In The US
IREC: US Utility Scale Solar Jobs Dropped, While Those In Residential Segment Increased In 2022
Jobs in the solar energy sector in the US increased by 8,846 in 2022 to employ a total of 263,883 workers according to the 13th annual National Solar Jobs Census by independent non-profit Interstate Renewable Energy Council (IREC).
CPIA Raises Solar Installation Forecast For 2023
China to Account For 40% Of Global Solar Installations That Are Expected To Grow To 350 GW This Year
The China Photovoltaic Industry Association (CPIA) has raised the forecast for annual solar PV installations for China in 2023 to between 120 GW to 140 GW, after the country reported having added 78.42 GW within H1/2023.
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