Tag Archives: PV

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Middle East and Africa Photovoltaic Market Accumulates 12 GW Pipeline with Strong Growth Potential

The photovoltaic (PV) market in the Middle East and Africa (MEA) region is set for strong growth, with many multi-megawatt ground mount projects in the planning or pre-planning phases. According to the NPD Solarbuzz Middle East and Africa Deal Tracker – Solar Project Database, which covers completed and in-progress solar projects in 29 African countries […]

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Jamaica Signs Agreements for 78 Megawatts of Wind Energy and Solar Power Projects

The two wind farms and solar facility will cost $196 million, the island nation’s power utility said in a statement yesterday. Blue Mountain Renewables LLC’s project will be capable of generating 34 megawatts at a cost of $90 million. Petroleum Corp. of Jamaica’s plans to spend $46 million to build a third wind farm which […]

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Levelized Cost of Energy Analysis

Lazard Ltd (NYSE:LAZ) has released its Levelized Cost of Energy Analysis – Version 8.0, an in-depth study comparing the cost of generating energy from conventional and alternative technologies. Lazard’s Global Power, Energy & Infrastructure Group has been publishing the study since 2008. The study shows the acceleration of an ongoing trend: Utility-scale solar and wind […]

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Photovoltaic Solar energy demand to be driven by India, China, Japan

The total solar photovoltaic (PV) demand from the five leading Asia Pacific (APAC) markets—China, Japan, India, Australia and Thailand—is forecast to reach 17.2 GW during 2H’14, almost 60% of global solar PV demand, according to findings in the latest NPD Solarbuzz Asia Pacific Major PV Markets Quarterly report. While solar power has been growing across the […]

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New Studies Find Significant Declines in Price of Rooftop and Utility-Scale Solar Power

The price of solar energy in the United States continues to fall substantially, according to the latest editions of two annual reports produced by the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab). A third Berkeley Lab report, written in collaboration with researchers at Yale University, the University of Texas at Austin and the […]

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IRENA Estimates Africa’s Renewable Energy Potential

The International Renewable Energy Agency (IRENA) and Sweden’s Royal Institute of Technology have published a joint working paper examining the potential for renewable power generation based on resource availability in Africa. The paper, titled ‘Estimating the Renewable Energy Potential in Africa: A GIS-based approach,’ presents a methodology for: quantifying the power generation potential for solar […]

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Total installed capacity of renewable energy (wind energy, hydro, geothermal energy, concentrated solar power, PV, reached 1,700 GW in 2013

The renewable energy share of electricity generation exceeded 22 per cent for the first time: with 16.4 per cent hydro, 2.9 per cent wind power, 1.8 per cent biopower and 1.1 per cent solar PV, concentrated solar power (CSP), geothermal and ocean.   In a recently published report, the International Renewable Energy Agency (IRENA) traces the […]

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Pico Solar Energy and Solar Photovoltaic Home Systems Are Expected to Reach $2.1 Billion in Annual Revenue by 2024

Miniature solar photovoltaic systems, including pico solar and solar home systems, are moving rapidly from specialized niches for enthusiasts and early adopters into the mainstream. These systems are particularly well-suited for applications in the developing world, where they provide lighting, cell phone charging, and power for small direct current (DC) appliances in areas where the […]

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Google Executes $145 Million Investment In SunEdison And TerraForm Power’s Largest Solar Power Plant In North America

SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced that Google Inc. (NASDAQ: GOOG) has agreed to provide $145 million in equity financing for the Regulus solar plant. When completed, the Regulus solar project will be SunEdison’s largest developed and constructed project in North America. Located […]

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The U.S. Added More New Capacity For Solar Power Than For Natural Gas In The First Half Of 2014

The federal government agency that collects and crunches numbers on the U.S. energy sector released data on Tuesday showing how much new utility-scale generating capacity has been added in the first six months of 2014. In it, natural gas was deemed the winner in terms of most new power plant capacity additions, with solar power […]

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SunEdison and Los Pelambres Mine (Antofagasta Minerals) Close an Agreement to Supply Solar Power in Chile

SunEdison, Inc. (NYSE: SUNE), a leading global provider of solar energy services, and Los Pelambres mine, today announced that they have reached an agreement for the long-term sale of power to Los Pelambres. The mine is owned by Antofagasta Minerals S.A., the largest private mining group inChile and one of the nine largest copper-producers in […]

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Kyocera sees floating solar photovoltaic (PV) as one solution to Japan land shortages

Kyocera Corporation, Century Tokyo Leasing Corporation, and Ciel et Terre International announced today that they will begin construction this month on the world’s largest floating solar installation to date (in terms of output). Kyocera TCL Solar LLC will develop and operate utility-scale floating solar power plants utilizing Ciel et Terre’s Hydrelio floating solar platforms in […]

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