The United States has now a 10 Gigawatts solar photovoltaic capacity. It is the fourth country to reach this threshold. According to the North America PV Market Quarterly report published by NPD Solarbuzz, the United States are now the fourth country to reach the 10 gigawatts solar power capacity after Germany, China and Italy. Since … Continue reading US Photovoltaic capacity has reached 10 Gigawatts
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Photovoltaic Technology and Cost Outlook
The global PV industry’s recent past has seen wafer, cell, and module suppliers at the mercy of an inhospitable supply-demand imbalance throughout the global market. With supply consistently 200% of demand annually, c-Si module prices have fallen approximately 70% in two years. One positive externality of this cutthroat pricing is that manufacturing costs have fallen … Continue reading Photovoltaic Technology and Cost Outlook
Continue readingApple to build solar energy plant to power data center
Apple will pay for construction of an 18-megawatt photovoltaic solar energy plant in northern Nevada to provide power for a data center the technology plans east of Reno. The Fort Churchill Solar Array, to be built in Yerington, was included in a filing Monday by NV Energy Inc. with the Public Utilities Commission. Apple announced … Continue reading Apple to build solar energy plant to power data center
Continue readingPhotovoltaic solar energy exceeded 100 GW in 2012
The solar photovoltaic (PV) market saw another strong year, with total global operating capacity reaching the 100 GW milestone in 2012. The market was fairly stable relative to 2011, with slightly less capacity brought on line but likely higher shipment levels, and the more than 29.4 GW added repre
Continue reading50 MW PPA approved for photovoltaic solar power plant in New Mexico
First Solar, Inc. (Nasdaq: FSLR) and New Mexico State Land Commissioner Ray Powell announced today that First Solar, Inc. has been granted a power purchase agreement (PPA) from the New Mexico Public Regulatory Commission, clearing the way for First Solar to begin construction on the state
Continue readingGermany sets new solar power record
German solar energy plants produced a world record 22 gigawatts of electricity per hour – equal to 20 nuclear power plants at full capacity – through the midday hours on Friday and Saturday, the head of a renewable energy think tank said. The German government decided to abandon nuclear power after the Fukushima nuclear disaster … Continue reading Germany sets new solar power record
Continue readingYingli Green Energy to Supply 96 MW PV Modules to One of the Largest Solar Power Projects in South Africa
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic (“PV”) manufacturers, which markets its products under the brand “Yingli Solar”, today announced that the Company has signed a contract to supply 96 MW of PV modules … Continue reading Yingli Green Energy to Supply 96 MW PV Modules to One of the Largest Solar Power Projects in South Africa
Continue readingThe Photovoltaic Market in Japan
Following the Fukushima nuclear disaster, Japan is strongly promoting renewable energy and aiming to significantly increase its contribution to its energy structure. This has brought tremendous opportunities to the photovoltaic industry. While incubating great opportunities, the Japanese PV market also has high entry barriers for overseas suppliers. Japan
Continue readingSolarReserve, Kensani and Intikon Complete $260 million Solar Project Financing with Key Investment from Google and the PIC
The development consortium consisting of SolarReserve, a U.S. developer of utility-scale solar power projects; the Kensani Group, an experienced empowerment investment player in South Africa; and Intikon Energy, a South African developer of renewable energy projects, has successfully closed project financing for the Jasper Solar Energy Project, a 96 megawatt (MW DC) solar photovoltaic (PV) … Continue reading SolarReserve, Kensani and Intikon Complete $260 million Solar Project Financing with Key Investment from Google and the PIC
Continue readingSolar photovoltaic can replace nuclear power in Japan
A recent study by researchers at the University of Texas (Austin, Texas, US) indicates that Tokyo could use solar photovoltaic (PV) generation as “baseload” power, due to Japan’s large amount of pumped hydro storage. “Potential for rooftop photovoltaics in Tokyo to replace nuclear capacity” states that PV could help meet peak requirements as well as … Continue reading Solar photovoltaic can replace nuclear power in Japan
Continue readingMinera El Tesoro Mining Group and Soitec Establish CPV Solar-Energy Pilot Plant for Mining Operation in Chile
Minera El Tesoro (MET), part of one of the largest mining groups in Chile, has built the first pilot plant in South America with Soitec Solar technology, installing four of its highly efficient concentrator photovoltaic (CPV) systems at a site in Chile’s Sierra Gorda district to provide renewable energy for a remote copper-mining operation. In … Continue reading Minera El Tesoro Mining Group and Soitec Establish CPV Solar-Energy Pilot Plant for Mining Operation in Chile
Continue readingYingli Green Energy to Supply Malaysia Solar Energy Plant
Yingli Green Energy is to be the supplier to a large-scale solar power plant in its home continent of Asia. The company announced it had reached a deal for its Singapore subsidiary to supply over 10 MW of its multicrystalline photovoltaic modules to a solar facility in Malaysia. The customer is Amcorp Power, a local … Continue reading Yingli Green Energy to Supply Malaysia Solar Energy Plant
Continue readingABB to produce photovoltaic inverters in South Africa as solar market expands
Production to start in 2014, delivering central inverters with a capacity of up to 1,000 kW Zurich, Switzerland, May 23, 2013 – ABB, the leading power and automation technology group, plans to start production of central inverters in South Africa to support the rapidly growing local photovoltaic (PV) market and local content requirements. ABB plans … Continue reading ABB to produce photovoltaic inverters in South Africa as solar market expands
Continue readingSolar Energy Industry Capital Spending Hits Seven-Year Low in 2013
The anticipated fall will represent the lowest level of spending since $2.4 billion in 2006. Although global capital spending this year in the photovoltaics (PV) supply chain is expected to fall to its lowest level since 2006, indications signal that the downturn in investment has hit bottom and that purchases of equipment may soon rebound. … Continue reading Solar Energy Industry Capital Spending Hits Seven-Year Low in 2013
Continue readingYingli Green Energy to supply 220 MW PV modules for China power investment corporation
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic (“PV”) manufacturers, which markets its products under the brand “Yingli Solar”, today announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited (“Yingli China”), has succeeded in … Continue reading Yingli Green Energy to supply 220 MW PV modules for China power investment corporation
Continue readingSolar Photovoltaic Wafer Production Forecast to Grow 19% in 2013
After falling 15% in 2012, solar photovoltaic wafer production is forecast to grow 19% in 2013, passing 30 GW and recovering to the 2011 level, according to the latest NPD Solarbuzz Polysilicon and Wafer Supply Chain Quarterly. However, industry utilization is expected to remain below 60%, and while prices have stopped falling, no significant increases … Continue reading Solar Photovoltaic Wafer Production Forecast to Grow 19% in 2013
Continue readingIberdrola lands a contract for the construction of a 96-MW photovoltaic plant in South Africa for $150 million
The consortium formed by IBERDROLA INGENIERÍA and the South African company GROUP FIVE has been selected by Jasper Power Company for the construction of a 96-megawatt (MW) photovoltaic plant in South Africa. The contract, which was signed today in Johannesburg, is worth around 150 million dollars and includes the engineering, equipment supply, civil engineering work, … Continue reading Iberdrola lands a contract for the construction of a 96-MW photovoltaic plant in South Africa for $150 million
Continue readingMoving the UK solar energy market past the
The UK solar PV market is making headlines again as its 500 MW of installed capacity accounted for 10% of the global installations in the first quarter of 2013. As a result, the UK market passed the 2 GigaWatt mark of cumulative installed solar capacity. 2012 hasn’t been a bad year either. Government statistics confirm … Continue reading Moving the UK solar energy market past the
Continue readingPhotovoltaic capacity connected in the EU in 2012: 16.5 GWp (22.0 GWp in 2011)
Installed PV capacity 68.6 GWp in the European Union at the end of 2012 (52.1 GWp end 2011). Photovoltaic electricity generated in the EU in 2012: 68.1 TWh (45.3 TWh in 2011). After the euphoria of 2011, the European Union
Continue readingShaikh Zayed Solar Power Plant in Mauritania inaugurated
During the inauguration of the Shaikh Zayed Solar Power Plant, a utility-scale, 15-megawatt solar photovoltaic (PV) facility in the Islamic Republic of Mauritania, Shaikh Saeed Bin Zayed Al Nahyan, Abu Dhabi’s Ruler Representative, reaffirmed the UAE’s long-standing support for economic and social growth projects in developing countries. The country’s philanthropic commitment is aligned with the … Continue reading Shaikh Zayed Solar Power Plant in Mauritania inaugurated
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