Tag Archives: PV

Photovoltaic reduces costs

China’s large PV market share is mostly involved with technologies that are well-established. Many PV module manufacturers have the ability to buy turnkey production lines. And while China’s PV manufacturers get a lot of respect for what they do, their well-established product dumping policies result in production with not a lot of gross margin, if … Continue reading Photovoltaic reduces costs

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Dubai harvesting solar power

The UAE aims to achieve a balance between development and the environment, and protect the rights of future generations to enjoy a clean, healthy and safe environment. The nation, under the leadership of the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, and His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime … Continue reading Dubai harvesting solar power

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Total invests $80m in solar energy in Ghana

Oil Company Total is collaborating with Neone Energy to develop two solar power plants in the Northern Region. The $80-million project, which is expected to be completed in 2017, will provide a total of 40 Megawatts of power to supplant the country’s present power pool. Senior Business Development Manager of Total, Frederic Ciamous, told Starr … Continue reading Total invests $80m in solar energy in Ghana

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Global Shipments of Photovoltaic Inverters Will Exceed 50 Gigawatts in 2015

GTM Research estimates global shipments of PV inverters reached 38.7 gigawatts (AC) in 2014 and will exceed 50 gigawatts in 2015. Shipments will continue to grow at an average annual rate of 13.1 percent through 2018.   In the same time frame, the global market for inverters will reach $7.1 billion, representing an average annual … Continue reading Global Shipments of Photovoltaic Inverters Will Exceed 50 Gigawatts in 2015

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Apple in big solar power deal with First Solar for a photovoltaic plant

Apple will buy about $850 million of solar power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time.   The First Solar Inc (FSLR.O) photovoltaic plant, with the capacity to power the equivalent of … Continue reading Apple in big solar power deal with First Solar for a photovoltaic plant

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California opens large photovoltaic solar energy plant

The dedication of the Desert Sunlight Solar Farm comes about a month after Gov. Jerry Brown called on the state to increase renewable electricity use to 50 percent by 2030, up from the current goal of 33 percent by 2020.   “Solar power projects like Desert Sunlight are helping create American jobs, develop domestic renewable … Continue reading California opens large photovoltaic solar energy plant

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Solar energy and wind power will be the cheapest forms of energy

A new study demonstrates that an energy system based completely on renewable forms of energy will be economically viable in the future. Research done at Lappeenranta University of Technology (LUT) shows that it will be worthwhile for North-East Asia, and China in particular, to switch to a completely renewable energy system within 5–10 years.   … Continue reading Solar energy and wind power will be the cheapest forms of energy

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Iran launches its biggest solar power plant

The solar power plant – that has been constructed in Kerman’s Zarand – has an annual production capacity of 390 megawatts (MW).   It comprises an 80 kilowatt power plant, 170 solar-powered light posts, 340 LED lamps, and a 4,000-meter cable network, reported the Persian-language newspaper Forsat-e Emrooz. Iran has already announced plans to add … Continue reading Iran launches its biggest solar power plant

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Obama seeks to extends 30% solar energy investment tax permanently

President Obama, in presenting his proposed Federal Budget has proposed that the solar power Investment Tax Credit (ITC) be extended permanently in the 2016 budget.   Under the new budget, there would be funding of $7.4bn for clean energy alongside $4bn for states to accelerate their carbon reduction plans. The ITC, which was introduced in … Continue reading Obama seeks to extends 30% solar energy investment tax permanently

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India targets 100,000 MW of solar power

Solar energy currently supplies less than 1 percent of India’s energy needs. India could start installing 20,000 MW of solar power capacity by April, with several international companies keen to support the government’s drive for clean energy. Prime Minister Narendra Modi aims to make the country one of the world’s largest renewable energy markets, targeting … Continue reading India targets 100,000 MW of solar power

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The cost of wind energy and solar power keeps dropping

A new study from the International Renewable Energy Agency laying it out in detail. Large wind power farms got cheaper between 2010 and 2014. Large-scale solar power got a lot cheaper. And at least some renewable plants are even becoming competitive with new fossil-fuel plants:   The chart shows the “levelized cost of electricity” for different … Continue reading The cost of wind energy and solar power keeps dropping

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CPV’s LCOE may fall as low as that for photovoltaic in 2020s

The German Fraunhofer Institute for Solar Energy Systems ISE and the US  National Renewable Energy Laboratory, NREL, have compiled a study that describes the status of both the current market as well as the state-of-the-art for concentrator photovoltaic (CPV) technology.   This young technology has achieved tremendous progress and has the potential for delivering solar … Continue reading CPV’s LCOE may fall as low as that for photovoltaic in 2020s

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China aims to install 15 GW of solar power capacity this year, 43 per cent more

China aims to install 15 gigawatts of solar energy this year, 43 per cent more than what was added in 2014, seeking to prop up its solar panel sector and boost the use of renewable energy despite a lack of transmission infrastructure.   The National Energy Adm­in­istration (NEA) started last week to solicit industry feedback … Continue reading China aims to install 15 GW of solar power capacity this year, 43 per cent more

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Global capacity of renewable energy will more than double in 2025

The past decade has witnessed significant developments in policies for renewable energy. Previously, less than 50 countries worldwide had support policies for renewable energy; this number now stands at more than 130. As a result of political and financial support, investments in renewables have risen dramatically in recent years. In fact, the European Union has … Continue reading Global capacity of renewable energy will more than double in 2025

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China takes over lead from Europe in 2013 photovoltaic installations

A booming photovoltaic market in Asia has propelled China to a global leader in photovoltaic energy installations in 2013, according to the latest edition of the JRC’s PV Status Report.   The EU has retained its domination in cumulative installed capacity – its total of 80.7 GW represents a 57 % share of the world’s … Continue reading China takes over lead from Europe in 2013 photovoltaic installations

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Abengoa Celebrates Start of Construction for Its Photovoltaic Plant in Atacama 1

Abengoa (MCE:ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, celebrated today the start of the construction of the photovoltaic plant that will be part of Atacama 1 solar complex, located in the north of Chile (Comuna de María Elena, Segunda Región). The event was … Continue reading Abengoa Celebrates Start of Construction for Its Photovoltaic Plant in Atacama 1

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Bangladesh to Establish World’s ‘First Solar Energy Nation’

Bangladesh is currently working to provide all households with solar power. The Bangladeshi government is currently working toward providing electricity to the entire country via solar home systems by 2021. Currently 15 million Bangladeshi homes are now powered by solar home systems, or SHS, under a government program to provide power to communities with no … Continue reading Bangladesh to Establish World’s ‘First Solar Energy Nation’

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The big boom in solar energy, PV and Concentrated Solar Power, in world’s biggest energy market

These two graphs pretty much speak for themselves. They highlight the surge in growth in the solar energy market in the US – encompassing residential and commercial solar power, utility scale solar PV and concentrated solar power. The graphs come from a recent presentation by the Solar Energy Industry Association in the US.   By … Continue reading The big boom in solar energy, PV and Concentrated Solar Power, in world’s biggest energy market

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Total, SunPower build 70 MW photovoltaic solar power plant in Chile

Total and SunPower Corp. announced the completion of the 70 MW PV Salvador solar energy project. PV Salvador power plant is expected to produce nearly 200 GWh of solar energy per year, enough to supply electricity to about 70,000 households in Chile. SunPower designed and constructed PV Salvador. At the 341-acre site, SunPower installed SunPower … Continue reading Total, SunPower build 70 MW photovoltaic solar power plant in Chile

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