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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Renewable energy can supply 100% of world’s power by 2050
A global low-carbon energy economy is not only feasible – it could actually double electricity supply by 2050, while also reducing air and water pollution, according to new research. “Our analysis indicates that the large-scale implementation of wind, [solar] PV, and CSP [Concentrated Solar Power] has the potential to reduce pollution-related environmental impacts of … Continue reading Renewable energy can supply 100% of world’s power by 2050
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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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ZTE Signs an Agreement with Enel to Focus on Sustainability
ZTE Corporation (“ZTE”) (H share stock code 0763.HK/A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, has signed an agreement with Enel, Italy’s largest power company and Europe’s second listed utility by installed capacity, for the development and deployment of innovative power generation technologies with a focus … Continue reading ZTE Signs an Agreement with Enel to Focus on Sustainability
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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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A 50% share of variable renewables can save up to 6% on system costs
The REserviceS project – led by the European Wind Energy Association (EWEA) and involving other stakeholders from across the electricity system and academia – also found that creating markets to trade grid support services (GSS) can provide revenue streams for generators, in addition to energy-only markets. Wind and solar photovoltaic (PV) energy is capable of … Continue reading A 50% share of variable renewables can save up to 6% on system costs
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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 readingIran to set up new solar power plant
The Islamic Republic of Iran is to set up a solar power plant in the city of Zahedan, member of photovoltaic scientific society of wind energy in Iran Gholamreza Sar-Golzari said on Saturday, IRNA reported. The first-ever 20 megawatt solar power plant is to be constructed eight kilometers away from Zahedan city, he … Continue reading Iran to set up new solar power plant
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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Life cycle assessment of renewable energy future
A future where electricity comes mostly from low-carbon sources is not only feasible in terms of material demand, but will significantly reduce air pollution, a study published in the 6 October Proceedings of the National Academy of Sciences says. An international team led by Edgar Hertwich and Thomas Gibon from the Norwegian University of … Continue reading Life cycle assessment of renewable energy future
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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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First rechargeable solar energy battery
Integrating the function of a solar power panel that captures light, and a cheap battery that stores energy into one hybrid device, researchers have successfully invented the world’s first solar energy battery. The device will help bring down the costs of renewable energy by 25%, the researchers said. The key to the innovation is … Continue reading First rechargeable solar energy battery
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Enel Green Power is growing in Chile, Brazil, Uruguay, South Africa and Morocco, increasing its wind energy and solar power capacity
Enel Green Power’s growth in the renewable energy markets of new emerging nations like Chile, Brazil, Uruguay, South Africa and Morocco continues, creating a network of worksites, new plants and tenders that stretches across the Atlantic Ocean. Work has started at the Talinay Poniente site for the construction of a new 61-megawatt wind farm. The … Continue reading Enel Green Power is growing in Chile, Brazil, Uruguay, South Africa and Morocco, increasing its wind energy and solar power capacity
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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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Mauritius to attain 35% of renewable energy by 2025, wind energy and PV
Mauritius aims to produce about 35% of its electricity needs from renewable sources, supported by several projects that include wind energy plants and photovoltaic farms and Waste-to-Energy projects that are already in operation, according to the Executive chairman of the Maurice Ile Durable Fund (MID), Osman Mahomed. Mahomed said, under the MID Policy Strategy Action … Continue reading Mauritius to attain 35% of renewable energy by 2025, wind energy and PV
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Japan’s Largest Solar Power Project Funded With Market-Leading Investment by GE
Kuni Umi Asset Management, GE (NYSE: GE) unit GE Energy Financial Services and Toyo Engineering Corporation have invested in Japan’s largest solar power project, a 231-megawatt facility to be built in Setouchi City, Okayama Prefecture, via special purpose company and representative member Setouchi Future Creations. GE Energy Financial Services holds a 60 percent stake in … Continue reading Japan’s Largest Solar Power Project Funded With Market-Leading Investment by GE
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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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