IEA Finds Enough PV Manufacturing Capacity To Meet Net Zero
World Increased Solar PV Module Manufacturing Capacity By 500 GW In 2023, With 440 GW Added In China
Thursday, 09 May 2024
In a new report, the International Energy Agency (IEA) says the global solar PV module manufacturing capacity is already in line with what it thinks is needed in 2030 to meet the net zero emissions scenario.
Fine Tuning Geometry For Optimal Efficiency
Maximizing Bifacial PV System Performance Through Height And Pitch Optimization
Thursday, 09 May 2024
The bifacial gain of a PV system depends strongly on the system’s geometry, such as the height, distance of modules, tilt angle of the panels, and orientation.
European Solar PPA Prices Decline 5.9 Percent Sequentially
LevelTen Energy Blames Subdued Wholesale Electricity Prices, But Expects Prices To Go Up Soon
Thursday, 25 Apr 2024
LevelTen Energy says the subdued wholesale electricity prices in Europe, thanks to a mild winter, along with a stabilizing regulatory landscape were the major contributors to power purchase agreement (PPA) prices declining 5% sequentially in Q1/2024..
Mercom Counts $8.1 Billion Corporate Solar Funding In Q1/2024
Solar Industry Investment Environment Subdued As Sector Grapples Issues Including Higher Interest Rates
Friday, 19 Apr 2024
The significant drop in Chinese solar module prices has boosted demand for solar technology globally, yet for the same reason investment in manufacturing projects has become unattractive, even with incentives, says Mercom Capital Group CEO Raj Prabhu.
World Added Up To 446 GW DC New PV Capacity In 2023
PV Technology Maintained Competitiveness Despite Module Oversupply; Global Module Stock Now At 150 GW
Wednesday, 17 Apr 2024
Solar PV module prices plummeted to record lows in 2023 due to a global oversupply situation, and electricity prices decreased after historical peaks in 2022, yet the technology managed to maintain its competitiveness.
Complexities Of Bifacial PV Systems
Maximizing Efficiency Of Bifacial Photovoltaic Systems By Enhancing Albedo Precision
Wednesday, 17 Apr 2024
The overall increase of a bifacial PV system’s energy yield does not only depend on the modules’ bifaciality, several parameters such as site albedo, mounting configuration and the size of the system are also important inputs for bifacial gain.
CAN Europe’s Rooftop Solar PV Report Card For EU Nations
France Among Top Performing Nations & Bulgaria Worst In New Report; Member States Lack Clear Roadmap
Wednesday, 17 Apr 2024
The rooftop solar PV segment grew by 54% annually in the European Union (EU) in 2023. Yet, despite this growth in demand, most member states lack a clear roadmap and strategy for rooftop solar PV.
RE PPA Prices Stabilized In North America During Q1/2024
LevelTen Energy: Lower Solar PPA Prices Due To Panel Oversupply, But Development To Be Short-Lived
Wednesday, 17 Apr 2024
Abundance of solar panels, combined with hopes of lower interest rates and oversupply of natural gas prompted solar PV developers in the North American market to offer lower power purchase agreement (PPA) prices during Q1/2024.
New Report Analyzes Financial Stability Of Module Makers
Global Solar PV Module Manufacturers Ranked In Safe, Grey Or Distress Zones In Sinovoltaics Report
Friday, 12 Apr 2024
Hong Kong and Shanghai-based solar and battery storage technical and quality engineering consultancy Sinovoltaics has released its Q1/2024 rankings for over 75 global solar PV module manufacturers on the basis of their financial stability. The cons.
IEA PVPS Explores Reactive Power Management Status & Potential
New Report Highlights Regulatory Framework Significance In Effective Power Management
Monday, 08 Apr 2024
In a new Task 14 technical report, the International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) delves into the world of reactive power management.
IEA PVPS Explores Module Recycling Market In Germany
New Report Delves Into German PV Module Waste & Recommends Recycling Capacity Expansion For EOL Panels
Wednesday, 03 Apr 2024
As the 1st country to support the widespread adoption of solar modules, Germany needs to navigate the complexities of PV end-of-life (EOL) management as it targets up to 400 GW installations by 2040, says the IEA PVPS.
IEA PVPS Survey Explores Vehicle Integrated Photovoltaics
Manufacturing Complexity Most Substantial Technical Bottleneck For VIPV’s Wider Adoption
Tuesday, 02 Apr 2024
A team of 110 experts in the field of vehicle-integrated photovoltaics (VIPV), surveyed by the International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS), see significant potential in the field, but cite complexity of manufacturing a.
IRENA Releases Renewable Capacity Statistics 2024
Renewables Account For 86 Percent Of Global Power Sector Additions In 2023; Solar PV Grew By 345.5 GW
Tuesday, 02 Apr 2024
Global renewable energy capacity additions in 2023 grew by 473 GW, accounting for 86% of the total power capacity additions, according to the International Renewable Energy Agency (IRENA).
Achieving 11 TW Renewable Energy Target ‘Far From Assured’
IRENA Calls For Urgent Policy Intervention To Install An Additional 7.2 TW Renewable Capacity By 2030
Monday, 25 Mar 2024
The world is far off the mark to achieve the 11 TW global renewable energy target by 2030 comprising 5,457 GW of solar PV capacity, according to the International Renewable Energy Agency (IRENA). Capacity additions will need to increase from 473 GW.
BNEF Counts 444 GW DC New Solar PV Capacity Additions In 2023
29 percent Annual Growth For Global PV Deployments In 2024, But Manufacturers Struggling To Make Profit
Wednesday, 06 Mar 2024
Global solar installations in 2023 reached a record 444 GW DC, surpassing Bloomberg New Energy Finance’s (BNEF) guidance of up to 415 GW DC for the year and recording 76% annual growth. In 2024, it forecasts new module build to reach 574 GW DC wi.
World Not Ready For Energy Transition Without China
Wood Mackenzie: Sans China, World Will Need To Invest 20% More On Clean Tech Manufacturing
Friday, 16 Feb 2024
Energy transition for the world is not possible without China simply because the country dominates clean-tech value chains including for solar PV, wind, batteries and electric vehicles, says Wood Mackenzie. To reach net-zero status by 2050, Wood Ma.
BNEF: US Corporations Led Clean Power Buying In 2023
Businesses Signed Up For 46 GW DC Solar & Wind Energy Contracts, Representing 12% YoY Growth
Wednesday, 14 Feb 2024
Corporate appetite for solar and wind energy continues to grow as they announced contracts for 46 GW DC of this capacity in 2023, with Amazon retaining its hold as the world’s largest corporate clean energy buyer for the 4th consecutive year. Blo.
Cleaner Electricity Mix For European Union In 2023 Than Ever
Ember: Record Renewables Growth Led By Wind & Solar But Installation Pace Needs To Further Accelerate
Tuesday, 13 Feb 2024
The European Union (EU), for the 1st time ever, had 27% of its electricity generated by wind and solar in 2023 with the share above this level in as many as 10 nations, according to Ember.
Europe Contracted 16.2 GW RE Capacity Via PPAs In 2023
Solar PV Leads Pexapark’s 2023 Disclosed Contracted Volume With 10.5 GW, Led By Corporates
Monday, 29 Jan 2024
European renewable energy market saw contracted volumes growing by over 40% annually in 2023, prompting Pexapark to term it the ‘golden era’ of the power purchase agreement (PPA) market.
ASEAN Renewable Energy Projects Need Acceleration
Vietnam Leads Region’s 28 GW Operational Utility-Scale Solar & Wind Capacity; Construction Slow For Upcoming Facilities
Thursday, 18 Jan 2024
The Association of Southeast Asian Nations (ASEAN) increased their operational utility-scale solar and wind energy capacity by 20% in 2023 to exceed 28 GW, led by Vietnam, according to the Global Energy Monitor (GEM). Vietnam alone accounts for 19 .
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