Excess production capacity in China drove down prices at the beginning of the year. Residential and commercial photovoltaic systems began the year with a drop in prices, driven largely by excess production capacity from China, a study by consulting firm Greener shows.In January 2024, the reduction reached 30% compared to the same period in 2023. … Continue reading Photovoltaic (PV) prices fall 30% in January 2024
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Photovoltaic production chain costs fall in the international market
The price was reduced due to high production planning and increased inventories. InfoLink Consulting’s weekly newsletter on the behavior of costs in the photovoltaic production chain records the drop in wafer prices, with emphasis on 210 mm Type P, which fell 3.4% in the last week: from US$ 0.349 to US$ 0.337 per piece. The … Continue reading Photovoltaic production chain costs fall in the international market
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GlassPoint Introduces Advances in Concentrated Solar Power Technology That Reduce Solar Steam Costs by 30%
GlassPoint Unveils Technology Advancements Reducing Solar Steam Costs by 30% GlassPoint, the leader in decarbonizing industrial process heat, today unveiled a range of technology advances that drive a 30% reduction in the cost of solar steam. In addition, the company revealed a new Unify storage system which uses direct heat and ternary molten salts to … Continue reading GlassPoint Introduces Advances in Concentrated Solar Power Technology That Reduce Solar Steam Costs by 30%
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Energy Storage to Significantly Lower Maryland Costs and Reduce Emissions
Preliminary findings from a report announced by the American Clean Power Association (ACP) today show that installing energy storage in Maryland could result in substantial savings for energy customers and significant emissions reductions over the next 10 years. The study, commissioned by ACP and conducted by Synapse Energy Economics Inc., contains the following findings😕 ? The … Continue reading Energy Storage to Significantly Lower Maryland Costs and Reduce Emissions
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Lowered costs and hydrogen production in focus for Vattenfall at WindEurope Offshore wind energy conference
By means of hydrogen production offshore wind power could play a bigger role in decarbonizing heavy industry. This is one of the topics Vattenfall executives will address at the leading wind energy conference in Copenhagen next week. The WindEurope Offshore conference in Copenhagen 26 to 28 November is the leading-edge, international conference for the offshore … Continue reading Lowered costs and hydrogen production in focus for Vattenfall at WindEurope Offshore wind energy conference
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Costs come down again in 1 GW German onshore wind energy auction
The results are in from the latest German onshore auction and costs have fallen again. The average support price is €38/MWh. The lowest bid was €22/MWh. The auction was oversubscribed. 210 bids were issued with a volume of 2591 MW. The German federal network regulator awarded 1004 MW to 61 projects. 60 of the 61 … Continue reading Costs come down again in 1 GW German onshore wind energy auction
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Belgian offshore wind power costs fall to €79/MWh as 716MW finalised
The Belgian government reached an agreement on Friday with the developers of three offshore wind farms for a subsidy rate €79/MWh. The three wind farms, known as Mermaid, Northwester II and Seastar, have combined capacity of 716MW and are due to be built between 2018 and 2020, according to the Belgian energy ministry. The projects … Continue reading Belgian offshore wind power costs fall to €79/MWh as 716MW finalised
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A new way to cut costs of wind energy
Like we did back in March, we’re hitting the road again this week to visit the people who live and work with wind power. And this time, we’re hitting the eastern U.S. We’ll be visiting wind projects across New York and factories that build wind turbine parts in Ohio, learning about jobs and community-bolstering benefits … Continue reading A new way to cut costs of wind energy
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Siemens reduces transport costs for offshore wind turbines by up to 20 percent
At the EWEA 2015 international wind industry trade fair in Paris Siemens presented the company’s new offshore logistics concept. A key element of this is an improved transport solution. Siemens has signed a long-term framework contract with transport service provider deugro Danmark A/S, utilizing two purpose-built transport vessels to efficiently link Siemens’ existing production locations … Continue reading Siemens reduces transport costs for offshore wind turbines by up to 20 percent
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New technology could reduce wind energy costs
Engineers from the University of Sheffield have developed a novel technique to predict when bearings inside wind turbines will fail which could make wind energy cheaper. The method, published in the journal Proceedings of the Royal Society A and developed by Mechanical Engineering research student Wenqu Chen, uses ultrasonic waves to measure the load transmitted … Continue reading New technology could reduce wind energy costs
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Dong Energy Targets 40% Cut in Wind Energy Costs to Compete With Gas-Fed Power
Dong Energy A/S, the world’s biggest offshore wind power developer, plans to cut the cost of generation by almost 40 percent to compete with gas-fired power plants. Dong may reduce costs at new U.K. offshore wind farm projects to less than 100 euros ($130) a megawatt-hour by 2020 from 160 euros. That compares with estimates … Continue reading Dong Energy Targets 40% Cut in Wind Energy Costs to Compete With Gas-Fed Power
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