Sourcing insights and market trends for the renewable energy industry.
Applications are now open for the Low-Income Communities Bonus Credit Program supported by the Inflation Reduction Act. The program’s goal is to expand access to low-cost and clean energy for underserved communities.
Trina Wins CNNC EPC Project Bid & More From Baofeng Energy, National Bureau of Statistics, Tongwei, CPIA. Click for more China solar PV news.
The US Federal Energy Regulatory Commission’s (FERC) project pipeline data shows that solar could feasibly push out natural gas as the No. 1 electricity source by 2030.
JA Solar N-type Modules Get Intertek Green Leaf Mark & More From CPVS, APsystems, RouShuo, POPSOLAR. Click here for more China Solar PV news.
By mid-century the levelized cost of energy (LCOE) for solar PV will be $0.021/kWh, a new report by risk management company DNV predicts. The learning rate for solar is predicted to decrease from 26% to 17% by 2050.
Many US solar installers are filing for bankruptcy, with stocks falling by 15% to 30% based on weak guidance.
AE Solar, in partnership with IKAR Holdings and the WCT Group, is poised to revolutionize the global energy sector with plans to establish high-capacity solar cell manufacturing facilities and solar farms across Europe, the Middle East, and South America. With a proposed initial capacity installation of 1 GW, their collaborative efforts aim to set new standards in renewable energy production and investment on a global scale.
Energinet, the Danish national transmission system operator, is pioneering a pilot project to fast-track the integration of over 1 GW of renewable energy through an innovative temporary grid connection method. This initiative aims to streamline the process of bringing solar and solar-wind hybrid projects online, contributing to Denmark’s renewable energy targets and sustainability goals.
Around 392 GW of photovoltaics will be added in 2023. This is more capacity than all worldwide nuclear power plants in operation in 2022, which was 371 GW cumulatively.
Discover how the European Union (EU) can surpass its 2030 solar generation target with agrivoltaics, utilizing just 1% of its agricultural land. Learn about the potential challenges and benefits outlined in the JRC report, including the absence of standardized definitions and policies. Access the comprehensive report on the EU Commission’s website, and delve into the innovative PV applications discussed in the recent TaiyangNews Virtual Conference on Advanced Solar Module Innovations.
Solargis, a Slovakia-based solar data provider, claims that the difference between modeled solar irradiance and real measurements is more significant in tropical regions than in subtropical zones. It argues that enhancing ground-based measurement stations and forecasts can enhance data accuracy and accelerate PV project delivery.
Discover Austria’s move to waive value added tax (VAT) on solar PV system purchases from 2024, aimed at simplifying processes and fostering solar expansion. Explore the implications of this decision, along with the industry’s response and demands for a robust regulatory framework and improved grid infrastructure. Learn about Austria’s commitment to promoting sustainable energy and how this aligns with broader European Union initiatives to incentivize environmentally beneficial products and services.
If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.
Amphenol Industrial Operations (AIO), a technology company headquartered in Connecticut, is set to establish a new manufacturing facility in Arizona by the end of 2023, focusing on solar junction boxes and connectors. This move follows the passage of the Inflation Reduction Act (IRA). The facility, spanning 58,000 sq. ft. in Mesa, will also produce advanced interconnect assemblies, equipped with state-of-the-art machinery and robotic technologies. AIO, listed as APH on the NYSE, serves as a key supplier to Heliene, contributing to the US solar PV modules. The new Arizona facility will bolster the domestic solar supply chain, complementing the region’s other significant solar manufacturing projects.
France accelerates its solar goals, targeting 60 GW by 2030 and 100 GW by 2035, while reaffirming nuclear power’s role in its energy plan.