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Convergent Energy + Power completes in New York one of the first solar-plus-storage systems providing a non-wires-alternative

June 6, 2022/in Press Release, Reports/by Solar Business Hub

solar enConvergent Energy + Power, a leading provider of energy storage solutions in North America, and National Grid, an electricity, natural gas, and clean energy delivery company serving more than 20 million people throughout New York and New England, announced the completion of one of the first solar-plus-storage systems providing a non-wires-alternative (NWA). The system, designed, constructed, and operated by Convergent, will deliver more cost-effective, reliable, and sustainable electricity to National Grid customers in Cicero, New York, while leveraging solar energy during nonpeak periods.

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EnergyBin releases new price index report on c-Si modules traded in the U.S. solar secondary market

February 2, 2022/in Press Release, Reports/by Solar Business Hub

PV Module Price Index by EnergyBin gives the first real look at c-Si modules for sale in the secondary market 

EnergyBin announces the release of their first annual (2021) PV Module Price Index for the Secondary Solar Market report. The PV module price index is the first of its kind for the secondary solar market giving the industry its first real look at the pricing of crystalline-silicon modules at a wholesale level, outside of the traditional distribution channel.

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Electricity in Germany would be cheaper today with a full supply of 100% renewables, EWG study finds

October 27, 2021/in Press Release, Reports/by Solar Business Hub

New short study by the Energy Watch Group (EWG) finds: Electricity would already be cheaper today with a full supply of 100% renewables

Berlin, Germany —  In the coalition negotiations for the new German government, both ambitious climate protection and the reduction of electricity prices play a central role. The previous government still expects only 45% renewables in the electricity mix by 2025.

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UK deploys over 90% of solar PV capacity on rooftops in the third quarter of 2021

October 22, 2021/in Press Release, Reports/by Solar Business Hub
  • Record-breaking growth in rooftop solar capacity in the UK.
  • 97MW of solar PV deployed in Q3 on homes and businesses around the country.

97 MW of solar PV capacity was deployed on rooftops around the UK in the third quarter of 2021 – representing more than 90% of the total solar PV deployment of 107 MW for the quarter.

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Solar and wind accounted for 91% of new renewables added globally in 2020

April 6, 2021/in Reports/by Solar Business Hub

New data released by the International Renewable Energy Agency (IRENA) reveal that solar and wind energy continued to dominate renewable capacity expansion, jointly accounting for 91% of all net renewable additions in 2020.

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Total corporate funding into the solar sector reached $14.5 billion globally in 2020, Mercom Capital finds

January 19, 2021/in Reports/by Solar Business Hub

New data released by Mercom Capital Group in its annual report on funding and merger and acquisition (M&A) activity for the solar sector in 2020 reveal that total corporate funding into the solar sector, including venture capital (VC) and private equity (PE), debt financing, and public market financing, came to $14.5 billion globally, which represents a 24% increase compared to the $11.7 billion in 2019.

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European solar PV market grew by 11% in 2020, reaching 18.2 GW of installed capacity

December 29, 2020/in Reports/by Solar Business Hub

SolarPower Europe launched its annual report EU Market Outlook for Solar Power revealing that European Union member states installed 18.2 GW of solar PV power capacity in 2020, representing an 11% improvement over the 16.2 GW deployed in the previous year, which makes 2020 the strongest growth year ever for solar in the EU since 2011.

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Global solar PV capacity additions are expected to reach nearly 107 GW in 2020, new IEA report says

November 18, 2020/in Reports/by Solar Business Hub

This year, renewables will account for almost 90% of the increase in total power capacity worldwide and solar PV capacity additions are expected to reach nearly 107 GW, according to the Renewables 2020 report released this month by the International Energy Agency (IEA) providing a global outlook on renewables in the electricity heat and transport sectors for the next five years.

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Solar energy has grown 30-fold in the United States since 2010, report finds

November 6, 2020/in Reports/by Solar Business Hub

The Renewables on the Rise 2020 report released by the Environment America Research and Policy Center and Frontier Group reveals that solar energy has grown 30-fold since 2010 in the United States, which represents an increase of 103,652 GWh.

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United States is the world leader in corporate renewable procurement, IHS Markit finds

November 5, 2020/in Reports/by Solar Business Hub

New analysis by IHS Markit finds that renewable corporate procurement in the United States grew more than in any other country,  representing over 60% of the global market for corporate-driven renewable power purchase agreements (PPAs).

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Costs of utility-scale solar projects fell by 9%, Lazard’s analysis finds

November 5, 2020/in Reports/by Solar Business Hub

Latest figures released by financial advisory and asset management firm Lazard in its annual in-depth studies, comparing the costs of energy from various generation technologies and of energy storage technologies for different applications, show that the cost of renewable energy continues to decline and maintain competitiveness with the marginal cost of existing conventional generation technologies driven by, among other factors, decreasing capital costs, improving technologies and increased competition.

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Swinerton Renewable Energy leads Wiki-Solar’s global raking of utility-scale solar EPC contractors

October 23, 2020/in Reports/by Solar Business Hub

U.S., European and Indian companies continue to dominate the list of top utility-scale solar EPC contractors according to new data released this month by Wiki-Solar, a leading source of information about the global deployment of solar photovoltaic power stations.

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