For the first time in history, photovoltaics represents more than 50% of the new electrical capacity added to the grid. The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022. According to the … Continue reading Photovoltaic installations in the US soar in 2023 in the first full year of the Inflation Reduction Act
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Renewable auction in Colombia awards 4.4 GW to photovoltaics
And we move from auction to auction. This time, we head to Colombia with this LinkedIn article by Serena Qian. In the latest auction that featured all renewable technologies, photovoltaics dominated its counterparts, securing 99% of the offered capacity, totaling 4.4 GW. The 30 awarded projects are required to be operational between December 1, 2027, … Continue reading Renewable auction in Colombia awards 4.4 GW to photovoltaics
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China photovoltaic (PV) industry ranks first in globe
China’s photovoltaic industry absolutely ranks first in the globe in terms of not only market size, technology level, production and manufacturing, but also completeness of the industrial chain. “I’m firmly convinced that the month-on-month decline in PV product exports will not be a long-term trend, but a volatile upward growth trend,” Liu Yiyang, Deputy Secretary … Continue reading China photovoltaic (PV) industry ranks first in globe
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France reaches 20 GW of photovoltaics (PV)
France reaches milestone with 20 GW of solar PV capacity in 2023, demonstrating its commitment to renewable energy. Regional contributions and future perspectives are highlighted.France has marked an important milestone in its renewable energy journey by connecting approximately 955 MW of new photovoltaic systems to the grid in the last quarter of 2023, according to … Continue reading France reaches 20 GW of photovoltaics (PV)
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China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 percent of wind power will need to be installed within a 100-kilometer radius of major load centers to meet demand. China will need nearly 6 terawatts … Continue reading China needs 10 times its photovoltaic and wind energy to eliminate its CO2 emissions
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Global ranking of photovoltaic modules in 2023
Demand in 2023 remained strong despite market disruptions by supply and inventory issues in the second half of the year. Shipment volumes of the list of manufacturers increased significantly, up by 78% YoY. There is a clear distinction among module makers, with top-ranked companies remained the same as the previous year, but the second-ranked companies … Continue reading Global ranking of photovoltaic modules in 2023
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Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
A 540 megawatt (MW) hybrid floating wind and photovoltaic floating wind farm will be developed off the southern coast of Italy in the Ionian Sea. Dutch-Norwegian solar company SolarDuck, Italian investment fund Arrow Capital and Italian developer New Developments are jointly developing the Corigliano project, which will be in the Gulf of Taranto, off the … Continue reading Italy is installing a large floating hybrid photovoltaic and wind power plant in the sea
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Alter Enersun develops 1,000 MW of photovoltaic and wind power to supply the grid and hydrogen projects in Huelva
Alter Enersun develops 1000 MW of photovoltaic and wind energy to supply the grid and hydrogen projects in HuelvaThe projects will provide renewable energy on a self-consumption basis without surpluses, will require an investment of around 700 million euros and will be built between 2023 and 2028.The plan includes the construction of a total of … Continue reading Alter Enersun develops 1,000 MW of photovoltaic and wind power to supply the grid and hydrogen projects in Huelva
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Solar photovoltaic (PV) hit record level, China leads
In a groundbreaking revelation, a report from the International Energy Agency (IEA) has highlighted a remarkable surge in global solar photovoltaic (PV) capacity additions, soaring by over 80 percent between 2022 and 2023. The report underscores a seismic shift towards renewable energy sources, with solar power leading the charge. China emerges as the dominant player … Continue reading Solar photovoltaic (PV) hit record level, China leads
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From rooftops to roads: innovative applications of photovoltaic (PV) technology
Photovoltaic technology can be found everywhere, from rooftop solar panels on city buildings to large solar farms in rural areas. It can also be found in space, powering satellites and other craft, the longest-running application for solar panels. Image Credit: Tom Wang/Shutterstock.com In many parts of the world, solar panels provide the lowest-cost option for electricity. … Continue reading From rooftops to roads: innovative applications of photovoltaic (PV) technology
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China’s growth in utility-scale photovoltaic surpassed that of rooftops last year
China installed more solar panels in power plants than on rooftops last year for the first time since 2020 as President Xi Jinping’s push to build large-scale renewable facilities in inland deserts boosted growth. The country added 120 gigawatts of utility-scale solar projects, exceeding the 96.3 gigawatts of new distributed capacity, which are mainly on … Continue reading China’s growth in utility-scale photovoltaic surpassed that of rooftops last year
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EDP Renewables year-end with 16.6 GW of installed renewable capacity, an increase of 12% compared to year-end 2022
The company has added 2.5 GW of renewable capacity throughout 2023, close to 1.5 GW of which corresponds to solar utily-scale projects, in line with the targets set out in its 2023-2026 business plan. The commissioning of hybrid projects in Portugal, Poland and Spain, as well as the implementation of 16 MW of storage in … Continue reading EDP Renewables year-end with 16.6 GW of installed renewable capacity, an increase of 12% compared to year-end 2022
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EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project
EDF Renewables North America today announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery … Continue reading EDF Renewables North America Signs Agreement with Southern California Public Power Authority for Photovoltaic Solar+Storage Energy Project
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European first-of-its kind photovoltaic (PV), wind power & storage combination
Global renewable energy company BayWa r.e. and Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announce the successful deployment of a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute for Chemical Technology (ICT) campus in Pfinztal, Germany. BayWa r.e. installed three new rooftop arrays … Continue reading European first-of-its kind photovoltaic (PV), wind power & storage combination
Continue readingEDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity
EDP Renewables (Euronext: EDPR), a global leader in renewable energy development, has been awarded Phase 8 of the SolarNova program, a Singapore public tender to select a developer of distributed solar energy. The auction was jointly led by Singapore’s Housing and Development Board and Singapore’s Economic Development Board. The company commits to deliver a minimum tender … Continue reading EDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity
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Iberdrola will build the largest photovoltaic plant in Italy
Iberdrola has signed an agreement with IB Vogt for the construction of a 245 MW photovoltaic project in Sicily, to which a further 60 MW could be added, bringing the total to 305 MW. In any case, the initial project has sufficient capacity to cover the needs of more than 140,000 families with emission-free green … Continue reading Iberdrola will build the largest photovoltaic plant in Italy
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China needs huge expansion of photovoltaic solar, wind power to reach climate goals
China will need to expand its current solar and wind energy capacity by eight- to tenfold to fulfill its 2060 carbon neutrality goals, a University of California-led study has found. Achieving these aims will also require large-scale construction of transmission lines, as well as more coordinated national-level policies in place of impromptu local decisions, according … Continue reading China needs huge expansion of photovoltaic solar, wind power to reach climate goals
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Mexico has the potential to develop more photovoltaic plants: AMIF
In Mexico there is an excellent opportunity to develop photovoltaic plants, stated Carlos Ortiz, former president of the Mexican Association of the Photovoltaic Industry (AMIF). According to the expert, the average amount of solar radiation received in the country is five kilowatt hours (kWh) for every square meter per day. “In general, there are elements … Continue reading Mexico has the potential to develop more photovoltaic plants: AMIF
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The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
According to the U.S. Energy Information Administration, the U.S. will add 62.8 gigawatts (GW) of installed utility-scale generation in 2024. According to the U.S. Energy Information Administration’s latest forecast, in 2024, the U.S. will add 62.8 gigawatts of new utility-scale power generation. This new capacity compared to 40.4 GW in 2023, an increase of 55%. … Continue reading The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.
Continue readingChina’s photovoltaics (PV) enjoy brighter prospects
Photovoltaic (PV) producers have delayed or canceled capacity expansion plans and even reduced production, partially addressing overcapacity issues. China’s solar photovoltaic (PV) industry’s protracted battle against overcapacity may be coming to an end, after years of bitter price wars and rapid capacity creation that plunged half the sector into the red, leaving which forced closures … Continue reading China’s photovoltaics (PV) enjoy brighter prospects
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