News of Year:
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Global solar additions to hit 310 GW in 2024
2023-07-10The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module price... -
Solar buildouts mapped to determine impact on biodiversity in US largest estuary
2023-07-10A group of researchers and data scientists from the Chesapeake Conservatory studied the construction of solar energy facilities in states surrounding the Chesapeake Bay Watershed and found that solar developments on already cultivated land did not ad... -
EU to avoid prolonging revenue cap on renewables
2023-07-07The European Commission says it is unnecessary and unadvisable to prolong the emergency measures for the energy market that were adopted at the end of 2022. This means that the €0.18 ($0.19)/kWh price cap on solar and other renewables will no longer ... -
The agrivoltaic development in France
2023-07-07In March 2023, France passed a law to accelerate the production of renewable energy. In this interview, Bertrand Drouot L’Hermine, Deputy General Manager Business Development with TSE, discusses the important role agrivoltaics will play not only in w... -
Agrivoltaics for vertical farming
2023-07-07An Italian research group has assessed the advantages of combining solar power generation in greenhouses with vertical farming. The scientists claim this new approach offers better land use while increasing agricultural yield.Scientists at the Polyte... -
Global PV manufacturing capacity to reach 1 TW by 2024
2023-07-06PV manufacturing capacity is projected to more than double by 2024, led by China, but oversupply is also anticipated, according to the International Energy Agency (IEA).Global solar PV manufacturing capacity is set to nearly double next year, reachin... -
US solar market expected to triple in size by 2028
2023-07-06The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.The US solar industry installed 6.1 GW of capacity in the first quarter of 2023, according... -
PPA prices falling across Europe
2023-07-06Power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.Its April monthly report that electricity markets are now recovering, following a... -
Asia leads charge in renewable energy growth
2023-07-05IRENA’s report Renewable Capacity Statistics 2023 shows that in 2022, Asia accounted for nearly 60 percent of the worldwide increase in renewable energy generating capacity, resulting in a total of 1.63 Terawatt (TW) of renewable capacity by year end... -
Southeast Asia solar markets set for growth this year
2023-07-05New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations....