The new edition of the International Technology Roadmap for Photovoltaics (ITRPV) reveals that the world’s installed photovoltaic capacity reached 1.6 TW at the end of last year. The learning curve, which reflects average module prices relative to cumulative shipments, is 24.9% for the period 1976 to 2023.The German engineering association VDMA has published the annual … Continue reading Installed photovoltaic capacity in the world reached 1.6 TW
Continue readingCategory Archives: photovoltaic
So far in 2024, photovoltaics have avoided the emission of 6.4 million tons of CO2 in Spain
The Spanish Photovoltaic Union, the majority sector association of solar energy in Spain, commemorates one more year the International Environment Day by joining the call to action made by the United Nations Organization so that citizens, public institutions and companies work in a coordinated manner in the fight against the climate emergency. On this occasion, … Continue reading So far in 2024, photovoltaics have avoided the emission of 6.4 million tons of CO2 in Spain
Continue reading
Manah 1 solar photovoltaic (PV) project in Oman to enter key construction phase
Solar PV modules have begun arriving at the site of Oman’s newest utility-scale renewable energy project – a 500 MW capacity scheme under construction in the Wilayat of Manah in Al Dakhiliyah Governorate. More than 1 million PV modules are envisaged for installation over the next several months as part of the Manah I Solar … Continue reading Manah 1 solar photovoltaic (PV) project in Oman to enter key construction phase
Continue reading
Lower prices in European electricity markets in the last week of May and new photovoltaic record in Portugal
In the last week of May, prices in most European electricity markets fell compared to the previous week. Most markets registered negative prices at the end of the week. The increase in renewable energy production and the decrease in demand in some markets favored the decreases. On May 27, Portugal broke the all?time record for … Continue reading Lower prices in European electricity markets in the last week of May and new photovoltaic record in Portugal
Continue reading
Batteries: frequently asked questions
An introduction to batteries, from lithium-ion (Li-ion) and sodium-ion (Na-ion) technologies to battery raw materials including lithium, nickel, cobalt and manganese. Batteries are critical to the energy transition. They power new electric vehicles (EVs) and provide energy support for grids with an increasing share of intermittent supply from renewables. So, what are batteries made of? … Continue reading Batteries: frequently asked questions
Continue reading
Investment opportunities for utility-scale solar and wind areas: El Salvador
Through a rigorous and collaborative process involving local representatives, this study integrates diverse datasets covering population density, land use and infrastructure networks, as well as renewable and meteorological data, to identify favourable zones in El Salvador for utility-scale solar photovoltaic (PV) and onshore wind projects. The analysis reveals that a significant portion of El Salvador’s … Continue reading Investment opportunities for utility-scale solar and wind areas: El Salvador
Continue reading
Endesa launches “Formidable Solar”, the offer that offers 3 years of free electricity consumption when contracting photovoltaic panels and the electricity rate
With this new “Formidable Solar” offer, depending on the number of solar panels installed, the customer will enjoy a volume of kWh per year to consume at €0 for 3 years.In addition, the client saves from the first moment: they have a 40% discount on the energy term from the moment they contract the solution … Continue reading Endesa launches “Formidable Solar”, the offer that offers 3 years of free electricity consumption when contracting photovoltaic panels and the electricity rate
Continue reading
Prime Solar commissions 64 MW Batangas photovoltaic (PV) plant in the Philippines
Prime Solar Solutions Corporation, a subsidiary of Prime Infrastructure Capital Inc., unveiled its 64 megawatt (MW) photovoltaic plant in Batangas. This installation is one of the company’s two solar energy projects in the country. In an Inquirer report, Prime Infra president and CEO Guillaume Lucci said the completion of the 64.5-hectare solar park is just … Continue reading Prime Solar commissions 64 MW Batangas photovoltaic (PV) plant in the Philippines
Continue reading
Photovoltaic solar becomes the leading technology in the Spanish generation mix for the first time in May, with 23.8% of the total
Monthly production with renewables in our country represented 63% and technologies that do not emit CO2 equivalent reached a share of 81.4%: wind contributed 20.2% and photovoltaic 23.8%.The demand for electrical energy in Spain increases 1.1% in May. Electricity demand grows by 3.8% in the Balearic Islands and 2.8% in the Canary Islands, once the … Continue reading Photovoltaic solar becomes the leading technology in the Spanish generation mix for the first time in May, with 23.8% of the total
Continue reading
Tandem Photovoltaic Selected to Receive its 10th Award from U.S. Department of Energy
Award will help advance research, development and commercialization of the world’s most powerful and durable tandem perovskite solar panel. andem PV, a pioneering force in perovskite solar technology, announces that it was selected to receive a $4.7 million award from the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) to pursue commercialization of … Continue reading Tandem Photovoltaic Selected to Receive its 10th Award from U.S. Department of Energy
Continue reading
Solar photovoltaic (PV) users in Pakistan will face more taxes under proposed reforms
Amid a massive shift towards photovoltaics, Pakistan’s Energy Division is working on amendments to net metering rules to balance the benefits to solar energy users with the financial impact on other electricity consumers. The proposed changes include sending net metered energy to the national pool and introducing capacity charges for users. The first change is … Continue reading Solar photovoltaic (PV) users in Pakistan will face more taxes under proposed reforms
Continue reading
Solar photovoltaic (PV) to help meet soaring Middle East power demand, reduce reliance on fossil fuels
Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply … Continue reading Solar photovoltaic (PV) to help meet soaring Middle East power demand, reduce reliance on fossil fuels
Continue reading
Ferrovial acquires a 257 MWdc Photovoltaic project in Texas
Ferrovial, a leading global infrastructure company, today announced it signed an agreement which includes the construction and operation of a 257 MWdc solar photovoltaic (PV) plant in Leon County, Texas, capable of serving over 36,000 homes. Ferrovial is investing $72 million in this project, which is an important milestone for the Energy division, as it … Continue reading Ferrovial acquires a 257 MWdc Photovoltaic project in Texas
Continue reading
Photovoltaic energy leads electricity generation in Spain with 27.6% of consumption
Photovoltaic solar energy has consolidated itself as the main source of electricity generation in May, according to data from Red Eléctrica de España (REE). This advance represents almost 24% of total electricity production and 27.6% of national consumption, excluding exports. This achievement stands out even more when one considers that just five years ago, photovoltaics … Continue reading Photovoltaic energy leads electricity generation in Spain with 27.6% of consumption
Continue reading
Ingeteam signs a contract with Grenergy to supply 250 MW of photovoltaic solar power in the Tabernas desert
Ingeteam is to supply 70 photovoltaic inverters to Grenergy for the solar project located in the Tabernas desert. Located in Southern Spain, this desert is famous for having hosted the filming of numerous Hollywood films, especially westerns. With a power output of 250 MW, the Tabernas project has an estimated annual generation capacity of 466.6 … Continue reading Ingeteam signs a contract with Grenergy to supply 250 MW of photovoltaic solar power in the Tabernas desert
Continue reading
SECI invites bids for 1,200 MW ISTS-connected photovoltaic (PV) projects in India
The Solar Energy Corporation of India (SECI) has released a Request for Selection (RfS) to select solar energy developers to set up 1,200 MW ISTS-connected solar PV projects in India. This initiative, known as SECI-ISTS-XVI, invites bids from developers who have completed or are in the process of constructing solar photovoltaic projects and have free … Continue reading SECI invites bids for 1,200 MW ISTS-connected photovoltaic (PV) projects in India
Continue reading
Space solar and airborne wind turbines
Innovations are catalysts for change, pushing societies to redefine what’s possible. With global demand for fossil-free electricity forecast to double in the coming decades, we take a closer look at four projects that could become viable options for the energy sector soon. For thousands of years, mankind has tried to harness the energy of the … Continue reading Space solar and airborne wind turbines
Continue readingPrices rise in European electricity markets due to gas and CO2 while photovoltaic energy continues to set records
In the week of May 20, prices in the main European electricity markets rose following increases in gas and CO2 prices. TTF gas and CO2 futures reached the highest values since the first half of December 2023 and January 2024, respectively. Even so, most markets registered negative hourly prices, primarily over the weekend. Solar photovoltaic … Continue reading Prices rise in European electricity markets due to gas and CO2 while photovoltaic energy continues to set records
Continue reading
China’s renewable energy exports grow 35% between 2019-2023
Power batteries surpass photovoltaic solar modules as the main export of renewable products. Chinese exports of renewable products grew 35% between 2019 and 2023, driven by competitive prices and dominance of production capacity, according to Wood Mackenzie’s new “Looking Abroad” report. Power batteries overtook solar PV modules to become China’s top renewable energy export product … Continue reading China’s renewable energy exports grow 35% between 2019-2023
Continue readingRWE to build Australia’s first eight-hour battery for photovoltaics
The investment decision has been made for the 50+ megawatt/400 megawatt hour Limondale battery energy storage system adjacent to RWE’s Limondale solar PV farm. Tesla will supply its Megapack batteries for the project, with commissioning scheduled for late 2025. RWE will increase its global battery storage portfolio to 6 gigawatts by 2030. Leading global renewables … Continue reading RWE to build Australia’s first eight-hour battery for photovoltaics
Continue reading
