Rystad Energy Forecasts Region To Add 58+ GW DC New Solar PV Capacity In 2023, Led By Rooftop Segment
Wednesday, 01 Nov 2023
The year 2023 will be a record year for European solar installations as Rystad Energy expects the region to lock in more than 58 GW DC of new capacity, with rooftop solar accounting for a 70% share.
Wednesday, 13 Sep 2023
China, the world’s largest solar PV market, is likely to exit 2023 with over 150 GW new capacity installed, adding another 165 GW in 2024 and 170 GW in 2025 to take the cumulative capacity to 900 GW by 2025-end, eventually exceeding 1 TW mark in 20.
Thursday, 20 Jul 2023
Even as Europe works towards building local solar module production capacity, developers cannot wait till 2025 or later to secure the supply, hence they are increasingly filling up their warehouses with much cheaper Chinese panels.
Thursday, 08 Jun 2023
While Germany maintains its dominance in solar and onshore wind in Europe, Spain’s investments in these 2 technologies are starting to pay off as Rystad Energy Expects renewable energy generation accounting for 50% of the national output in Spain i.
Mercom Counts 2022 Global Solar Corporate Funding Having Dropped 13% YoY; Rystad Energy Expects $250 Billion Spending On Solar Investments In 2023
Tuesday, 17 Jan 2023
Increased demand for solar following the unfortunate war in Ukraine and a significant boost to the US market with the Inflation Reduction Act (IRA) acted as strong reasons for the global solar sector raising $24.1 billion corporate funding in 2022, b.
Rystad Energy: Sweden, Finland & Denmark To Help Nordic Region Become Europe’s ‘Powerhouse’ With Onshore Wind & Solar PV Technologies
Thursday, 17 Nov 2022
By 2030, Sweden, Finland and Denmark will expand their onshore wind and solar PV capacity to a cumulative 74 GW, up from 32 GW in 2022 with the addition of 12.8 GW solar PV, enabling the Nordic region to become a ‘powerhouse’ for stable, clean el.
Monday, 10 Oct 2022
Europe has been witnessing soaring electricity prices, which can derail its efforts towards building reliable low-carbon supply chain to achieve its decarbonization goals, warns market research company Rystadt Energy.
Friday, 08 Jul 2022
As solar PV waste is estimated to balloon to 27 million tons a year by 2040, Rystad Energy believes it could be a market worth over $2.7 billion in 2030 and grow to $80 billion by 2050, up from $170 million in 2022, thanks to proliferation of the utility scale solar segment.
Monday, 16 May 2022
Analysts at Rystad Energy estimate 10.07 GW AC new solar capacity additions in the US in 2022, the lowest annual since 2019, as opposed to 27 GW AC it was expected to install this year, thanks to US Department of Commerce (DOC) probe into solar panel imports from Southeast Asian nations.
Rystad Energy: 250 GW AC Wind & Solar Capacity In 2022; Green Energy Spending To Go Up By $125 Billion
Monday, 11 Apr 2022
Rising prices of electricity, oil and gas as well as high prices of raw materials, labor and logistics solutions are likely to push up global energy spending in 2022 to $2.1 trillion, out of which green energy spending alone would grow by 24% or $125.
Thursday, 24 Mar 2022
Green hydrogen production costs in Europe, especially in the Iberian Peninsula have come down to $4.00 per kg since the Russian invasion of Ukraine, while fossil-fuel linked blue hydrogen now costs $14.00 per kg and gray hydrogen $12.00 per kg, according to analysts at Rystad Energy.
Tuesday, 15 Mar 2022
By 2025, global solar PV rooftop installations will nearly double to 94.7 GW, up from 59 GW at 2021-end, which already represents 30% of the global installed solar PV capacity, according to analysts at Norwegian energy research company Rystad Energy.
Wednesday, 16 Feb 2022
The year 2022 will see a record high of utility scale renewable energy installations with an addition of 220 GW globally, expected to grow by 38 GW on year on year, according to Rystad Energy that also warns of a slowdown in capacity additions due to various factors.
Thursday, 06 Jan 2022
Norway headquartered energy research firm Rystad Energy believes the world exited 2021 with 227 GW of renewable energy capacity installed during the year, growing 4.7% over 2020.
Thursday, 28 Oct 2021
Ongoing challenges of high component and shipping prices are going to have lingering effects on the global solar PV industry as Rystad Energy estimates around 50 GW of utility PV capacity planned for 2022 may end up getting postponed or even cancelled.
Rystad Energy Pegs Up To 3 GW Large Scale Solar PV & Wind Power Capacity To Face Delay Or Cancellations in Australia Due To COVID-19 Pandemic Spread
Saturday, 18 Apr 2020
COVID-19 pandemic impact hasn’t spared any region or industry and the thriving Australian renewables market is no exception as Norway’s Rystad Energy sees financial close of up to 3 GW of large scale wind and solar PV capacity being postponed or cancelled in the country.
Vietnam’s TTC Group Switches On 35 MW TTC Phong Dien Solar Power Plant In Thua Thien Hue Province As ‘First’ Solar Power Plant In Country; Plans Capacity Expansion By Another 29.5 MW
Tuesday, 09 Oct 2018
TTC Group says Vietnam's first and 35 MW large solar power plant built with modules from Japan’s Sharp Corporation cost around VND 1 billion ($43 million).
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