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Pexapark releases country-specific long-term renewable PPA price reports in the European market

June 12, 2019/in Reports/by Solar Business Hub

Renewable Swiss FinTech Pexapark, dedicated to providing advisory and enterprise software for the monitoring and management of renewables in open markets, announced it has released country-specific long-term Power Purchase Agreement (PPA) price reports for renewables in the European market.

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U.S. solar market is growing and expanding to new emerging states, SEPA report finds

June 12, 2019/in Reports/by Solar Business Hub

U.S.  educational non-profit  Smart Electric Power Alliance (SEPA) announced the release of its yearly industry report, the 2019 Utility Solar Market Snapshot, based on interconnection data and market insights obtained directly from more than 500 utilities across the country, representing 74% of all customer accounts and 71% of all MWhs sold in 2018. The report shows there were 7.3 GWs interconnected, marking a 20.1% increase in total capacity over 2017.

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PV researchers envision 10 TW by 2030 and up to 70 TW by 2050

June 12, 2019/in Reports/by Solar Business Hub

Leading international PV researchers, gathered by the Global Alliance for Solar Energy Research Institutes (GA-SERI) to discuss the challenges for and arising from the deployment of PV and how to meet the global climate goals, have produced an article published on 31 May 2019 in Science entitled “Terawatt-scale photovoltaics: Transform global energy – Improving costs and scale reflect looming opportunities” describing the key points of the future developments. Read more

Costs for renewable energy technologies decreased to a record low in 2018, IRENA report says

June 2, 2019/in Reports/by Solar Business Hub

Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report Renewable Power Generation Costs in 2018 from the International Renewable Energy Agency (IRENA) shows.

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African PV market could grow by up to 30 GW by 2030, report says

May 20, 2019/in Reports/by Solar Business Hub

The German Solar Association (BSW-Solar) and the Becquerel Institute released the Solarize Africa study at leading solar trade event Intersolar Europe 2019, which took place in Germany from 14 to 17 May 2019, focusing on the analysis of the solar markets in ten African countries.

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Power Electronics leads PV inverter shipments in the Americas in Wood Mackenzie report

May 20, 2019/in Reports/by Solar Business Hub

Spanish solar inverter manufacturing company, Power Electronics, announced that it has been ranked as the leading company in shipments of solar inverters for utility-scale photovoltaic plants in North America and Latin America, according to the  Global solar PV tracker market shares and shipment trends 2019 report published by Wood Mackenzie Power & Renewables in March.

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SolarPower Europe forecasts 1.3 TW total installed global solar power generation capacity by 2023

May 20, 2019/in Reports/by Solar Business Hub

The European solar energy association SolarPower Europe released its Global Market Outlook 2019-2023 report at leading solar trade event Intersolar Europe, which took place in Germany from 15 to 17 May 2019,  showing that solar power reached important milestones in 2018, with an even more optimistic picture forecasted for the next five years.

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United States surpasses 2 million solar installations and forecasts expect them to double by 2023

May 15, 2019/in Reports/by Solar Business Hub

Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA) announced on May 9 that the U.S. is now home to more than 2 million solar PV installations. The mark comes just three years after the industry completed its 1 millionth installation, a feat that took 40 years to accomplish.

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Resilient solar is proven to be a cost-effective solution in five southeastern cities in the U.S., Clean Energy Group’s report finds

April 25, 2019/in Reports/by Solar Business Hub

Solar and battery storage technologies that provide clean, reliable backup power are cost-effective for many critical community facilities in the Southeast, according to Clean Energy Group’s report series, “Resilient Southeast: Exploring Opportunities for Solar+Storage in Five Southeastern Cities,” released today in partnership with regional nonprofit partners details a first-of-its-kind economic analysis evaluation for solar PV and battery storage (solar+storage) in the region. When the economic value of resilience is accounted for, solar+storage was proven to be a positive investment for all locations and building types examined.

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Total corporate funding in the solar sector comes to $2.8 Billion in Q1 2019, Mercom Capital reports

April 21, 2019/in Reports/by Solar Business Hub

U.S. consulting firm Mercom Capital Group announced on April 9 the release of its Q1 2019 Solar Funding and M&A Report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019.

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Wind and solar power will account for 96% of the total power supply of renewable energy sources by 2050, report says

April 21, 2019/in Reports/by Solar Business Hub

Finland’s LUT University and the Energy Watch Group released the “Global Energy System Based on 100% Renewables. Power, Heat, Transport and Desalination Sectors” study, which simulates a transition to 100% renewable energy of the entire world, structured in nine major regions and 145 sub-regions on an hourly resolution of 5-year time periods from 2015 until 2050. The modelling computes the cost-optimal mix of technologies, based on locally available renewable energy sources.

According to the report, the transition to a global energy system based on 100% renewables can be achieved before 2050 if a strong policy framework is implemented.

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Total installed solar PV capacity exceeded 500 GW globally in 2018, IEA PVPS report finds

April 21, 2019/in Reports/by Solar Business Hub

The International Energy Agency Photovoltaic Power System Programme (IEA PVPS) announced the publication of  the 7th edition of its  report “Snapshot of Global Photovoltaic Markets” on Monday, 15 April 2019.

This report provides estimated data about photovoltaic (PV) capacity in the countries reporting to the IEA PVPS Programme and additional key markets and it serves as a preliminary assessment prior to the 24th edition of the PVPS flagship report “Trends in PV Applications” that will be published at the end of the year.

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