Building on President Obama’s Climate Action Plan to cut carbon pollution and continue U.S. leadership in clean energy innovation, Energy Secretary Ernest Moniz announced more than $53 million for 40 innovative research and development (R&D) projects that aim to drive down the cost of solar energy, tackling key aspects of technology development in order to … Continue reading DoE Announces $53 Million to Cut Cost of Solar Power
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Solar energy prices are dropping fast, NREL says
Distributed solar photovoltaic (PV) system prices dropped by 12 – 19 percent nationwide in 2013, according to the third edition of a jointly written report on PV pricing trends from the Energy Department’s (DOE) National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL). In addition, 2014 prices are expected to drop another 3 … Continue reading Solar energy prices are dropping fast, NREL says
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First solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power plant in Chile
With Michelle Bachelet, President of the Republic of Chile; Isabel Allende, President of the Chilean Senate, and Máximo Pacheco, Minister of Energy in attendance, First Solar (Nasdaq:FSLR) today ceremonially installed the first solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power Plant. The project, located 58 kilometers north of the city of … Continue reading First solar panel for the 141 Megawatt (MW)ac Luz del Norte Solar Power plant in Chile
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Green Earth Power (Thailand) secures solar energy plant development in Myanmar
Green Earth Power (Thailand) has signed a memorandum of agreement with the Myanmar Ministry of Electric Power (MOEP) to formalise the development of a 220-megawatt solar power plant in Minbu, in that country’s Magway Region. The signing ceremony, held on Thursday at the Grand Amara Hotel in Nay Pyi Taw, marked an important milestone … Continue reading Green Earth Power (Thailand) secures solar energy plant development in Myanmar
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World Bank funds solar power (photovoltaic) in Jordan
The International Finance Corporation (IFC) has announced this Wednesday (15th) the approval of a US$ 207.5 million loan package for the construction of seven photovoltaic plants in Jordan. The IFC is the World Bank’s private sector arm. According to an IFC press release, the full project, which provides for the building of 12 plants, will … Continue reading World Bank funds solar power (photovoltaic) in Jordan
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Polysilicon Capacity Growth to Accelerate, Enabling 85 GW of Solar Photovoltaic Production in 2016
A total of 130 thousand metric tons (kilometric tons or KMT) of polysilicon manufacturing capacity, equivalent to roughly 25 gigawatts of crystalline silicon (c-Si) solar PV panels, is estimated to come on-line in 2015 and 2016, according to GTM Research’s newest report, Polysilicon 2015-2018: Supply, Demand, Cost and Pricing. By 2016, cumulative global polysilicon supply … Continue reading Polysilicon Capacity Growth to Accelerate, Enabling 85 GW of Solar Photovoltaic Production in 2016
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IEA report: installed solar photovoltaic capacity reached 139 GW in 2013
Following the difficult year of 2012 in terms of market growth, industry consolidation, policy uncertainty and ongoing fast cost reduction, 2013 has seen a slower evolution on the cost side but also a growing worldwide market again, although with a different split of dominant markets compared to the past. The fast rise of PV … Continue reading IEA report: installed solar photovoltaic capacity reached 139 GW in 2013
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Efficiency enhancements to define solar photovoltaic technology roadmap for the next five years
Solar photovoltaic (PV) modules using solar-grade wafers, as offered by 16 of the top 20 solar module suppliers to the industry, will account for 89% of solar capacity forecast to be installed this year, according to the new NPD Solarbuzz PV Technology Roadmap report. Thin-film panel manufacturers, led by First Solar and Solar Frontier, will … Continue reading Efficiency enhancements to define solar photovoltaic technology roadmap for the next five years
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Solar photovoltaic (PV) grows in Latin America
Solar photovoltaic (PV) technology is poised to play a substantial role in fulfilling the need for increased power generation capacity across the Latin America and Caribbean (LAC) region, according to a latest industry report. The total PV project pipeline is growing throughout the region and now exceeds 22 gigawatts (GW) of projects across all phases … Continue reading Solar photovoltaic (PV) grows in Latin America
Continue readingGlobal photovoltaic (PV) solar installations will rise to 45.4 gigawatts (GW) in 2014
Global photovoltaic (PV) solar installations will rise to 45.4 gigawatts (GW) in 2014, with 32 percent of this total, or 14.4 GW, coming in the fourth quarter, according to IHS Technology (NYSE: IHS). Although IHS has trimmed its forecast for 2014 by 1.5 GW due to weaker-than-predicted performance in several key markets, a 20 percent … Continue reading Global photovoltaic (PV) solar installations will rise to 45.4 gigawatts (GW) in 2014
Continue readingSolar Photovoltaic Market Expected to Reach 489.8 GW by 2020
The global installed capacity for solar PV is expected to reach 489.8 GW by 2020, according to a new study by Grand View Research, Inc. Growing push for sustainability has led to increased focus on renewable energy forms such as solar PV. In addition, favorable regulatory policies such as Feed in Tariff (FIT) is expected … Continue reading Solar Photovoltaic Market Expected to Reach 489.8 GW by 2020
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Global Photovoltaic Demand Hits Quarterly High, Pushing Cumulative Deployment to 200 GW
Global solar photovoltaic (PV) installations added during Q4’14 are forecast to exceed 19.5 gigawatts (GW), pushing global cumulative PV deployment toward the 200 GW mark. The amount of solar PV deployed in Q4 is forecast to be equivalent to the energy supplied by five large-scale nuclear power plants and will surpass the total annual solar PV deployed … Continue reading Global Photovoltaic Demand Hits Quarterly High, Pushing Cumulative Deployment to 200 GW
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Renewable Energy spending at $175 Billion on Chinese Rise
Figures for the third quarter show another year-on-year rise, with a solar energy boom in China the biggest single contributor. About $175 billion was spent globally on renewable energy projects during the first three quarters, up 16 percent from the same period last year, with Chinese solar investment at a record, according to a Bloomberg … Continue reading Renewable Energy spending at $175 Billion on Chinese Rise
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Latin America and Caribbean Region to Install 9 Gigawatts of Solar Photovoltaic within Five Years
Solar photovoltaic (PV) technology is poised to play a substantial role in fulfilling the need for increased power generation capacity across the Latin America and Caribbean (LAC) region. According to the latest NPD Solarbuzz Emerging PV Markets Report: Latin America & Caribbean, the total PV project pipeline is growing throughout the region and now exceeds … Continue reading Latin America and Caribbean Region to Install 9 Gigawatts of Solar Photovoltaic within Five Years
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How solar energy, concentrated solar power (CSP) and photovoltaic, could be the largest source of electricity by mid-century
The International Energy Agency (IEA) reports that PV could provide 16% of the world’s electricity and concentrated solar power (CSP) could provide another 11%. The report expects PV to dominate solar up until 2030 when the addition of storage to CSP will see it close the gap. The sun could be the world’s largest source … Continue reading How solar energy, concentrated solar power (CSP) and photovoltaic, could be the largest source of electricity by mid-century
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Ecoppia Selected for Five New Solar Energy Projects
Ecoppia, an innovative developer of automated, water-free photovoltaic (PV) solar panel cleaning solutions, today announced the deployment of its E4 robotic solar panel cleaning system at five Middle Eastern PV production facilities. Upon the projects’ completion in early 2015, Ecoppia’s technology will clean more than 5 million panels every month, deployed across more than 40 … Continue reading Ecoppia Selected for Five New Solar Energy Projects
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Middle East and Africa Photovoltaic Market Accumulates 12 GW Pipeline with Strong Growth Potential
The photovoltaic (PV) market in the Middle East and Africa (MEA) region is set for strong growth, with many multi-megawatt ground mount projects in the planning or pre-planning phases. According to the NPD Solarbuzz Middle East and Africa Deal Tracker – Solar Project Database, which covers completed and in-progress solar projects in 29 African countries … Continue reading Middle East and Africa Photovoltaic Market Accumulates 12 GW Pipeline with Strong Growth Potential
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Jamaica Signs Agreements for 78 Megawatts of Wind Energy and Solar Power Projects
The two wind farms and solar facility will cost $196 million, the island nation’s power utility said in a statement yesterday. Blue Mountain Renewables LLC’s project will be capable of generating 34 megawatts at a cost of $90 million. Petroleum Corp. of Jamaica’s plans to spend $46 million to build a third wind farm which … Continue reading Jamaica Signs Agreements for 78 Megawatts of Wind Energy and Solar Power Projects
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Major Asian Markets Set To Lead Solar Power Photovoltaic Growth
With legacy European markets continuing to decline, global solar PV demand is now being driven by Asian markets. Three of the Major Asia-Pacific countries are set to see annual demand double in 2014. The outliers in this trend are the UK and Australia. The UK has seen significant growth over the past two years as … Continue reading Major Asian Markets Set To Lead Solar Power Photovoltaic Growth
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Photovoltaic Solar energy demand to be driven by India, China, Japan
The total solar photovoltaic (PV) demand from the five leading Asia Pacific (APAC) markets—China, Japan, India, Australia and Thailand—is forecast to reach 17.2 GW during 2H’14, almost 60% of global solar PV demand, according to findings in the latest NPD Solarbuzz Asia Pacific Major PV Markets Quarterly report. While solar power has been growing across the … Continue reading Photovoltaic Solar energy demand to be driven by India, China, Japan
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