Tag Archives: PV

Solar power set to become cheapest source of energy over next decade

Solar photovoltaic prices have fallen by 80 per cent since 2008. In 2013, commercial solar power cost the same to produce as other sources of electricity in Italy, Germany and Spain, and is expected to do so soon in Mexico and France. Solar energy is set to become the cheapest source of electricity in many … Continue reading Solar power set to become cheapest source of energy over next decade

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Photovoltaic solar energy in Panama

Panama confirms 80MW of installed PV solar capacity as the country moves to diversify its power matrix. 2014 closed as the year that Central American governments increased their interest in renewable energies. The authorities in the region know the potential of solar energy, the cost has decreased and is now a feasible solution that can … Continue reading Photovoltaic solar energy in Panama

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Photovoltaic industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp

PV industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp the previous year, according to the IDTechEx/SPV Market Research annual supply report Photovoltaic Manufacturer Shipments: Capacity, Production, Prices and Revenues to 2019. Supply side inventory was 1.1-GWp at the end of 2014 and demand side inventory decreased by 400-MWp to 2.4-GWp. … Continue reading Photovoltaic industry shipments grew by 15% in 2014 over 2013 to 39.3-GWp from 34.0-GWp

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E.on sells 49-MW photovoltaic solar energy business in Italy to F2i

E.ON has sold its Italian solar business to the private infrastructure investment fund manager F2i SGR. F2i has an impressive track record in the solar business in Italy and is committed to the long-term future of the business. The activities sold comprise a total generating capacity of 49 megawatt and consist of seven ground mounted … Continue reading E.on sells 49-MW photovoltaic solar energy business in Italy to F2i

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Enel Green Power will build two solar photovoltaic power plants in Brazil

Enel Green Power (EGP) has begun construction on two new photovoltaic plants in the municipality of Tacaratu, Pernambuco State, in northeast Brazil. EGP already owns and operates in the same area the 80 MW “Fontes dos Ventos” wind farm and both solar plants, once completed, will be combined with it. With a total installed capacity … Continue reading Enel Green Power will build two solar photovoltaic power plants in Brazil

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Jordan awards 200 MW renewable energy projects, wind power and photovoltaic

Jordan has awarded a total of 200 megawatts (MW) to project developers, including a 52.5MW solar photovoltaic project, as part of its first renewable energy tender, according to a report. The power purchased agreement for the 52.5MW Shams Ma’an project was signed between the project developers and the National Electric Power Company (Nepco) of Jordan, … Continue reading Jordan awards 200 MW renewable energy projects, wind power and photovoltaic

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Micro grid solar energy plants in Fiji

Foreign Minister Shaikh Abdullah bin Zayed Al Nahyan on Wednesday inaugurated a solar photovoltaic micro grid project that brings clean energy to some of Fiji’s outer islands. The solar plants, constructed by Abu Dhabi’s renewable energy company Masdar, have combined total capacity of 555 kilowatts (kW) and will provide more than 40 per cent of … Continue reading Micro grid solar energy plants in Fiji

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India’s 100 GW Solar Power Target Could Create 1 Million Jobs by 2022

Delhi is abuzz as the first renewable energy-financing summit organized by the Indian government, RE-Invest 2015, wrapped up today with commitments totaling a whopping 266 GW of renewable energy in the next 5 years. For context of the magnitude of these commitments, the country currently has about 250 GW of total installed power from all … Continue reading India’s 100 GW Solar Power Target Could Create 1 Million Jobs by 2022

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Japan’s solar power photovoltaic (PV) shipments in Oct-Dec 2014 at 2,239 MW

Sales of solar cell modules in Japan rose 10 percent to 2.29 gigawatts in October-December from a year earlier, industry data showed on Tuesday, bolstered by a government scheme to encourage renewable energy.   But the quarterly shipments fell about 6 percent from 2.39 gigawatt in the July-September quarter, according to data provided by the … Continue reading Japan’s solar power photovoltaic (PV) shipments in Oct-Dec 2014 at 2,239 MW

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China’s solar power photovoltaic (PV) capacity raises 60pc to 28 GW in 2014

Photovoltaic (PV) systems and Photovoltaic (PV) solar power-generating stations established and connected to power grids in China in 2014 had a total installation capacity of 10.60GWp, taking up 25% of the global total, according to China’s National Energy Administration (NEA). China raised its total grid-connected solar power capacity to 28.05 gigawatts (GW) in 2014, up … Continue reading China’s solar power photovoltaic (PV) capacity raises 60pc to 28 GW in 2014

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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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