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Corporations installed over 1.28 GW of new commercial solar capacity in the United States in 2019, SEIA report finds

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

According to new data published by the  Solar Energy Industries Association (SEIA) in its annual Solar Means Business report, major corporations in the tech and retailing industry made significant investments in clean energy throughout 2019 having installed over 1,280 megawatts (MW) of new commercial solar capacity in the United States.

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Solar PV to lead growth in global electricity markets over the next decade, IEA’s analysis shows

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

Solar PV is confirmed to be the cheapest source of electricity and it is on track to set new records for deployment every year after 2022, according to new data released by the International Energy Agency (IEA).

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Solar PV leads jobs creation in the renewable energy sector globally, IRENA finds

October 11, 2020/in Reports/by Solar Business Hub

According to the latest figures released by the International Renewable Energy Agency (IRENA) in its seventh edition of Renewable Energy and Jobs  – Annual Review,  jobs in the renewable energy sector reached 11.5 million globally last year, led by solar PV with 3.8 million jobs amounting to a third of the total.

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Floating solar PV plants on hydropower reservoirs could produce 10,600 TWh of potential power a year globally, NREL finds

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

Hybrid systems of floating solar panels and hydropower plants may hold the technical potential to produce a significant portion of the electricity generated annually across the globe, according to an analysis by researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).

Floating solar photovoltaics (FPV) is an emerging, and increasingly viable, application of photovoltaics (PV) in which systems are sited directly on waterbodies.

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Latin America’s renewable energy capacity expected to grow from 49 GW up to 123 GW by 2025

September 14, 2020/in Reports/by Solar Business Hub

According to a new research by Oslo-based consultancy Rystad Energy,  Latin America is emerging as a green powerhouse, with some of the strongest renewable capacity growth expected globally in the coming years. With auctions already adopted throughout Latin America, Rystad Energy expects the region’s 49 gigawatts (GW) of renewable capacity will skyrocket to 123 GW by 2025, with the biggest increases coming from Brazil, Mexico, Chile, Colombia and Argentina.

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Solar PV was the world’s leading power-generating technology installed in 2019 with a record 118 GW constructed, BNEF report shows

September 12, 2020/in Reports/by Solar Business Hub

Photovoltaics (PV) dominated as the main new power-generating technology source added to grids in dozens of countries ranging from Australia, to India, Italy, Namibia, Uruguay and the U.S. in 2019, according to complete and proprietary data compiled by research company BloombergNEF (BNEF).

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Solar PV system costs in the U.S. are falling faster than expected across all market segments, Wood Mackenzie research finds

July 2, 2020/in Reports/by Solar Business Hub

Solar PV system costs in the US are falling faster than anticipated across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie.

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The U.S. could deliver 90 percent of its electricity from clean energy by 2035, UC Berkeley’s report finds

July 2, 2020/in Reports/by Solar Business Hub

New report shows that the United States can deliver 90 percent clean, carbon free electricity nationwide by 2035, dependably, at no extra cost to consumer bills and without the need for new fossil fuel plants.

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Global weighted-average levelised cost of electricity of utility-scale solar PV fell 82% between 2010 and 2019, IRENA report finds

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

The International Renewable Energy Agency (IRENA) has released the Renewable Power Generation Costs in 2019  report, which finds that renewable electricity costs have fallen sharply over the past decade, driven by improving technologies, economies of scale, increasingly competitive supply chains and growing developer experience.

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Monocrystalline silicon wafers market share expected to reach nearly 75 percent in 2020 and continue to grow, ITRPV report finds

May 8, 2020/in Reports/by Solar Business Hub

The Germany-based Mechanical Engineering Industry Association (Verband Deutscher Maschinen- und Anlagenbau – VDMA) representing around 3300 German and European companies in the mechanical engineering industry, announced the release of the 11th edition of the International Technology Roadmap for Photovoltaic (ITRPV) report, which summarizes over 100 parameters along the c-Si PV value chain in numerous charts and discusses the results.

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Solar power is set to generate more than 60% of EU’s electricity by 2050, report finds

April 22, 2020/in Reports/by Solar Business Hub

Europe’s solar sector association SolarPower Europe announced the release of the report 100% Renewable Europe developed in collaboration with LUT University (LUT) that models a 100% renewables scenario for Europe to reach climate neutrality before 2050.

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Spain is Europe’s cheapest market for solar PV corporate PPAs, BNEF survey finds

April 8, 2020/in Reports/by Solar Business Hub

New report released by New Energy Finance Limited (BNEF) presenting the results of a corporate power purchase agreement pricing survey in Europe find that solar PV shows its lowest price levels in Spain at 35.30 EUR/MWh, but is generally more expensive across the region than wind.

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