News of Year:
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Spain updates NECP, targets 76GW of solar PV by 2030
2023-07-14The Ministry of Ecological Transition (MITECO) in Spain has updated its National Energy and Climate Plan (NECP) with an increased target for solar PV of 76GW by 2030.The new draft – which has been put to public consultation until 4 September 2023 – n -
CEA identifies major safety concerns in 97% of audited rooftop PV systems
2023-07-13Clean Energy Associates (CEA) has performed a safety audit on more than 600 rooftop PV systems and has found that 97% of installations have major safety concerns. It says that 49% of sites have grounding issues, 47% have damaged modules, and 41% have -
Solar to reach ‘unassailable position’ as cheapest electricity source
2023-07-13Solar’s levelized cost of electricity will reach $30/MWh in 2050, as global capacity surges.“In 2050, solar PV will be in unassailable position as the cheapest source of new electricity globally”. As the world transitions toward carbon emissions-free -
Portugal’s January-April PV installations hit 118 MW
2023-07-13Despite a slow start to the year, BloombergNEF expects Portugal to install another 1,363 MW of solar by the end of 2023. The likelihood of that scenario seems to come down to how quickly projects from the record-breaking 2019-20 solar auctions go onl -
PV plants in Brazil hit by low performance in 2022
2023-07-13Centralized and distributed-generation PV plants in in Brazil generated less than expected last year, according to a study by Brazilian consultancy Greener.Brazil's solar energy industry is grappling with new concerns as operational underperformance -
Agrivoltaics can mitigate effects of drought
2023-07-13A new study by the University of Hohenheim shows that shading from PV systems can improve agricultural yields, especially in dry periods, but additional research is needed.Agrivoltaics can mitigate the effects of drought on plant-based food productio -
Challenges, opportunities for agrivoltaics in India
2023-07-12A new study has evaluated the development of agrivoltaics in India, analyzing the challenges and opportunities involved in scaling up such projects, and exploring their potential for commercialization.A new study by the Canada-based International Ins -
Spanish PV market exposed to over-investment risk by 2030
2023-07-11New data from Afry Management Consulting suggests that Spain’s solar power producers could face prices below €20/MWh before 2030 if renewable penetration continues to increase. Such low prices would render power purchase agreements (PPAs) and merchan -
Photovoltaic energy continues to set new records in European electricity markets
2023-07-11Gas and CO2 prices continued their downward trend in the fourth week of May, which led to a general downward trend in prices in European electricity markets and several negative hourly prices were registered, which reached -€400/MWh in Netherlands. T -
Global investment in clean energy nearly doubles that of fossil fuels
2023-07-11For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.The global shift to clean energy is happening rapidly, with decarbonization eff