Global solar panel prices decline for consecutive weeks, weigh down by growing glut and intense competition amid concern China demand is losing momentum. In China, solar panel remain depressed as Chinese module makers who suffer from frozen domestic demand are strive to win limited solar projects by offer record low prices. Moreover, 2nd tier Chinese module makers, who are imposed with high punitive tariffs to enter EU and US markets, find India, Japan and other emerging countries where no trade barrier enforced to digest their swelled inventory levels, leading solar panel prices in these regions continue to tumble. Meanwhile, 1st tier Chinese module makers with increased capacities in SEA that could circumvent trade barriers target the EU and US markets to compensate the worse-than-anticipated sales in China.
Steve McMahon. VP Sales and Marketing Orenda Energy Solutions believes that there is still a very healthy return to be had in the small-medium wind market, even in light of the slashed FiT.
ALEXANDRU MICU for ZME Science: The Ukranian government plans to turn Chernobyl, the site of the world’s most famous nuclear meltdown, into a sprawling solar power plant — the largest in the world. Since the meltdown on April 26, 1986, no one’s been able to find any good uses for Chernobyl. A 1,600 square mile area was drenched in radiation and deemed an “exclusion zone,” so everyone was evacuated after the clean-up efforts were concluded and the plant was sealed in its ubiquitous sarcophagus. The buildings, goods, and infrastructure in the area were abandoned so fast that the city looks like time froze there 30 years ago — albeit with a Falloutesque look. Since we left, nature took over, and for the most part, is thriving in our absence (though the microbes that decompose dead organic matter seem to be having a hard time living here.) In a recent interview, however, Ukraine’s ecology minister Ostap Semerak said that the government is negotiating with two US investment firms and four Canadian energy companies to develop Chernobyl’s solar potential. The area is uniquely suited for the purpose — the land is extremely cheap, much of the required infrastructure, such as roads are already built. Even better, the power lines that served the old 4GW reactor are still useable. Cont'd...
Offshore wind energy market size is anticipated to exceed USD 130 billion by 2023. Rising number of wind farms is expected to drive the market growth over the forecast period.
Third International Off-Grid Renewable Energy Conference will convene key players in Nairobi to drive global off-grid agenda
New fintech company is a game changer for clean energy financing
ET Solar announces it has signed a cooperation contract to enter into a joint venture (JV) with Xi'an LONGi Silicon Materials Corp., the world's largest high-efficiency mono-crystalline products manufacturer.
New High-Temperature Device Captures a Broader Solar Wavelength Spectrum and Improves Solar Cell Efficiency
Using a heat-resistant device, made of tungsten and alumina layers, researchers from Aalborg University have found that the device can absorb the sun's broad spectrum radiation and convert it to electricity
Following is a statement from Sean Gallagher, vice president of state affairs at the Solar Energy Industries Association (SEIA), on the New York Public Service Commission's approval of a 50 percent Clean Energy Standard by 2030:
Scientists at the Energy Department's National Renewable Energy Laboratory (NREL), in collaboration with researchers at Shanghai Jiao Tong University (SJTU), devised a method to improve perovskite solar cells, making them more efficient and reliable with higher reproducibility.
Brazil's Ministry of Mines and Energy has postponed the reserve auction scheduled for July 29. It's expected that it will involve more than 9GW of PV projects, making up 90% of the capacity registered for the auction. What does this mean for the Brazilian solar market?
Chris Martin for Bloomberg Technology: Elon Musk’s Tesla Motors Inc. reached an agreement to buy SolarCity Corp. for $2.6 billion, about $300 million less than an initial proposal criticized as a “bailout” for the solar company in which he’s the largest shareholder. SolarCity investors will receive $25.37 a share in stock under the agreement, according to a statement Monday. Musk initially offered $26.50 to $28.50 a share in Tesla stock. Analysts have said in the past that the bid was too low and investors have questioned the wisdom of Musk combining his electric-car maker with the clean-energy company. The deal, which allows SolarCity to solicit competing takeover offers through Sept. 14, will now go to the shareholders of the companies for approval. Cont'd...
Energy bill opens door to U.S. commercial offshore wind market
The SunShot Initiative is designed to accelerate the market competitiveness of solar energy by targeting production cost reductions and increased solar deployment, with a 2020 target cost for utility-scale solar technologies that is roughly equal to electricity generation from fossil fuels.
Global Investments & Technological breakthroughs mark the 10th edition
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Solar & Wind - Featured Product
The NeON R module features "Back Contact" cell technology delivering an entirely black panel that is aesthetically pleasing and energy efficient. The cell's seamless, surface blends perfectly into nearly all rooftop designs while the module's electrodes are positioned on the rear of the cell. Using LG's N-type cell structure, the panels produce 365W of energy, up to 7.3kWp, compared to 5.8kWp of the p-type cell. The module's new design minimizes LID, thereby delivering a longer lifespan and increased energy output.