New IEA report finds that sector added 2.5 million jobs worldwide last year, led by clean technology manufacturing, though skills shortages remain a key issue Employment in the global energy sector grew at a strong pace in 2023, buoyed by a wave of investment in manufacturing clean energy technologies – though shortages of skilled workers … Continue reading Global energy sector employment increased by 3.8% in 2023, outpacing the wider economy
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Runda Solar to finance major solar photovoltaic (PV) project to boost electricity in Liberia
In a bid to address the electricity shortage in Liberia, the government is currently negotiating with Runda Solar, a multi-billion dollar photovoltaic energy company, to develop a 250 megawatt solar panel installation in Montserrado County. This initiative aims to significantly improve the country’s electricity supply. Runda Solar has submitted an ambitious proposal for the Montserrado … Continue reading Runda Solar to finance major solar photovoltaic (PV) project to boost electricity in Liberia
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UNEF awards the Seal of Excellence in Sustainability to the Talayuela II photovoltaic plant by Statkraft, in Cáceres
The plant, with an installed capacity of 55.2 MWp, stands out for milestones in terms of sustainability such as the recycling of 90% of the waste generated during the construction phase, as well as for its remarkable integration with the environmental and social environment The Talayuela II photovoltaic plant, in the province of Cáceres and … Continue reading UNEF awards the Seal of Excellence in Sustainability to the Talayuela II photovoltaic plant by Statkraft, in Cáceres
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China’s photovoltaic (PV) module exports fall 4% month-on-month, led by Europe and Asia-Pacific
China exported 16.53 GW of modules in September, down 12% MoM from 18.76 GW and 16% YoY from 19.79 GW, according to InfoLink’s customs data. China has exported 54.9 GW of modules in Q3, down 15% QoQ from 64.25 GW but up 6% YoY from 51.58 GW. As of September, the top five largest markets … Continue reading China’s photovoltaic (PV) module exports fall 4% month-on-month, led by Europe and Asia-Pacific
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Indonesia to build 75 GW of renewable energy in the next 15 years
The renewable projects would include photovoltaic, hydro, geothermal and wind power, Hashim said, without explaining plans for the remaining 25 GW.Indonesia’s current installed power capacity is more than 90 GW, with more than half of that powered by coal and less than 15% by renewables. It currently has no nuclear capacity, a controversial topic in … Continue reading Indonesia to build 75 GW of renewable energy in the next 15 years
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Energy China to build a one-gigawatt photovoltaic solar power plant in Iraq
A historic one-gigawatt solar project in Iraq is set to begin soon by state-owned China Energy Engineering Corporation (Energy China) based in Beijing. Energy China said that the construction is anticipated to begin shortly and the project is situated in Artawi, in the Basra governorate of southern Iraq, PV Tech reported. The project was revived … Continue reading Energy China to build a one-gigawatt photovoltaic solar power plant in Iraq
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Panama’s largest private photovoltaic project is underway
Grupo Rey, a leader in the retail sector in Panama, and ENSA Servicios, a leading company in comprehensive energy solutions and subsidiary of Grupo EPM, have signed an agreement that represents an important milestone for both companies, as it will allow the implementation of the largest self-consumption photovoltaic project in Panama and the 2nd in … Continue reading Panama’s largest private photovoltaic project is underway
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India’s largest floating solar photovoltaic project commissioned in Madhya Pradesh at 126 MW
Tata Power Renewable Energy has commissioned a 126 MW floating PV project in Madhya Pradesh, a significant milestone in India’s renewable energy sector. The project, completed in 26 months, marks one of the largest floating solar installations in the country. TPREL’s renewable capacity now totals 10.9 GW.Tata Power Renewable Energy has successfully launched a ground-breaking … Continue reading India’s largest floating solar photovoltaic project commissioned in Madhya Pradesh at 126 MW
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Colombia’s largest self-consumption solar photovoltaic energy project
Banco de Bogotá and Banco de Occidente, belonging to Grupo Aval, announced the financing of $407.6 billion for the ‘Puerta de Oro Solar Project’, the largest independent solar photovoltaic park in Colombia.The solar photovoltaic park will be located between the municipalities of Guaduas and Chaguaní, Cundinamarca, and is sponsored by the private equity funds Patria … Continue reading Colombia’s largest self-consumption solar photovoltaic energy project
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Navigating uncertainty in the US solar photovoltaic (PV) industry following Trump’s election
How can the photovoltaic industry navigate IRA uncertainties to maximise growth opportunities? The 2022 Inflation Reduction Act (IRA) has spurred interest in renewable energy sources, including solar power. However, the IRA implementation has been highly uncertain, and better guidance is still needed to understand its requirements and maximise its benefits. In our recent webinar, Developing … Continue reading Navigating uncertainty in the US solar photovoltaic (PV) industry following Trump’s election
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China’s first 1-gigawatt floating offshore photovoltaic project successfully connects to State Grid
China’s first million-kilowatt level offshore photovoltaic project has been connected to the national power grid on November 12. The one-million-kilowatt offshore photovoltaic project has seen the completion of the first 300 photovoltaic platforms, each platform measures 60 meters in length. The entire project will require the installation of 2,934 such photovoltaic platforms. The initial power … Continue reading China’s first 1-gigawatt floating offshore photovoltaic project successfully connects to State Grid
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IEA’s analysis and forecasts for photovoltaics to 2030
The International Energy Agency has published its October report, and here is a brief summary of their expectations for photovoltaic energy: IEA – Octubre 2024. By 2030, global renewable electricity generation is expected to reach over 17,000 TWh, representing an increase of nearly 90% compared to 2023, sufficient to cover the combined demand of China … Continue reading IEA’s analysis and forecasts for photovoltaics to 2030
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Solar photovoltaics are advancing worldwide
In nine years, the share of photovoltaic plants in the global energy matrix has grown from 1% to 6%. Which countries are pioneers in the transition to renewable energies?As global demand for electricity grows, the share of the Sun in the energy matrix is ??increasing. Although the preference is still for coal (35%) and natural … Continue reading Solar photovoltaics are advancing worldwide
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India’s challenges and opportunities for photovoltaic (PV), energy storage cells in 2025
With the push for global energy transition and policy incentives, India’s renewable energy has rapidly progressed. As one of the world’s top five PV markets, India’s PV demand is experiencing substantial growth driven by supportive policies and massive power needs. According to the National Energy Plan (NEP) 2023, India aims to achieve a PV installed capacity … Continue reading India’s challenges and opportunities for photovoltaic (PV), energy storage cells in 2025
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The price of photovoltaic wafers suffers a significant reduction
The data is part of the InfoLink newsletter, which monitors the global costs of the main inputs in the photovoltaic production chain.The price of wafers for 182 mm P-Type photovoltaic power cells continues to fall on the international market: after falling 3.9% in October, the input started the first week of November at a price … Continue reading The price of photovoltaic wafers suffers a significant reduction
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Axian Energy secures €84mln financing for Senegal’s largest solar photovoltaic (PV) and battery Project
Axian Energy, a subsidiary of Madagascar-headquartered Pan-African business group Axian, announced on Tuesday that it has closed €84 million in financing for a solar photovoltaic (PV) and battery energy storage system (BESS) project in southern Senegal. The Kolda project, valued at over €105 million, involves two solar PV plants with a combined 60 MW capacity … Continue reading Axian Energy secures €84mln financing for Senegal’s largest solar photovoltaic (PV) and battery Project
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Photovoltaic and wind energy in the first week of November
In the first week of November, prices in the main European electricity markets rose, with most of their weekly averages exceeding €110/MWh. In some markets, hourly prices were the highest since 2022, and in others, the highest of this year. The increase in demand, as well as the decrease in wind energy production and photovoltaic … Continue reading Photovoltaic and wind energy in the first week of November
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Photovoltaic trends in 2024
Amid a backdrop of massive installations and evolving metrics, IEA-PVPS 2024 “Trends Report” encapsulates significant shifts in photovoltaic deployment across the globe, reflecting PV’s evolving role in energy systems and underscoring its capacity to meet global demands. The association explores the trends identified in the report, noting the milestones, regional dynamics, and the implications of … Continue reading Photovoltaic trends in 2024
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In 12 months the renewables market has moved but governments have not
Tripling global renewables is the single biggest action the world can take for the climate this decade. An analysis of 2030 renewables targets shows that, while renewables markets are surging, governments have not updated renewables ambition in the lead-up to COP29. ? Download PDF Katye Altieri Electricity Transition Analyst (Global)Ember Oya Zaimoglu Data Analyst (2030 … Continue reading In 12 months the renewables market has moved but governments have not
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EWA invites bids for 44 MWp Solar photovoltaic (PV) plant at University of Bahrain
Bahrain’s Electricity and Water Authority (EWA) has announced a tender for the construction of a 44 megawatt-peak (MWp) solar photovoltaic (PV) power plant at the University of Bahrain (UOB) campus. The project aims to generate approximately 75 Gigawatt-hours (GWh) of clean energy annually, supporting Bahrain’s commitment to reducing greenhouse gas emissions by 30 percent by … Continue reading EWA invites bids for 44 MWp Solar photovoltaic (PV) plant at University of Bahrain
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