Despite COVID-19 market contraction, appropriate stimulus measures can deliver bright global solar forecast
Key takeaways:
• In 2019, the global solar power sector returned to a two-digit growth path, increasing by 13% to 116.9 GW, marking a new annual installation record
• Solar expanded its annual share among all other power generation technologies to 48%
• Despite a potential 4% market contraction in 2020 due to COVID-19, solar is expected to enter the Terawatt age in 2022, only four years after the 0.5 TW level was reached
• In 2019, 16 countries added over 1 GW, in comparison to 11 in 2018, and 9 in 2017
• The top 5 solar markets in 2019 were China with 30.1 GW of new installations, the US with 13.3 GW, India with 8.8 GW, Japan with 7 GW, and Vietnam with 6.5 GW
Clenergy Pushes Ahead with 500MW Grid Parity Solar Project
Clenergy has reached an agreement with the local government for a 1GW investment portfolio of solar projects. The first phase was a 500MW project based on reaching a grid parity scheme with an estimated value of USD 283 million.
SEIA: Petition to End Net Metering Would Be Unlawful Federal Power Grab
Jurisdiction over net metering rests with the states and local regulatory bodies and granting a petition to have the Federal Energy Regulatory Commission (FERC) regulate retail programs would represent an unlawful federal power grab, the Solar Energy Industries Association (SEIA) will say in response to the petition today.
Online In-House Trade Fair: Schletter Group Presents Product Innovations
Simplified planning, optimized use of material and easy handling - these are the points that make this year's product innovations from the Schletter Group stand out. With the "Schletter Configurator 3.0", the global solar mounting manufacturer is launching a new, greatly improved generation of its configurator tool.
The effects of lockdown on the Balancing Mechanism
Research from Cornwall Insight highlights that during April and May 2020, the volume of accepted actions in the Balancing Mechanism (BM) more than doubled compared to the same time last year. Overall, across the two months, 7.1TWh of actions were accepted compared to 3.3TWh in April and May 2019. Accepted bid volumes (i.e. to reduce generation) in May rose from 0.80TWh in 2019 to 1.86TWh in 2020.
450 Environmental, Energy Justice Groups Urge Federal Commission to Reject Threat to Solar Net Metering
Letter Demands That Net Metering Remain in State Jurisdiction to Ensure Clean, Resilient Energy Future
UMD Researchers Lead New Multi-Institutional Grant to Examine the Legal, Economic, and Policy Implications of Solar Power on Agricultural Land
The project will assess the legal, economic, and policy implications of solar power on agricultural land to produce educational resources for Extension agents and attorneys to help farmers and rural landowners understand drawbacks and benefits to leasing their land for solar power.
"SOLAR 20/20: Renewable Energy Vision" Conference Brings Together Perspectives
The American Solar Energy Society's 49th Annual National Solar Conference, SOLAR 20/20: Renewable Energy Vision, is online June 24 and 25! The conference has moved to being virtual this year and is now easier than ever to join, wherever you are in the world.
DNV GL serves as Independent Engineer for sPower's milestone solar transaction
• DNV GL performed essential technical due diligence to ensure project success
• The project received $350M tax equity commitment
Stem Named Top California Commercial Energy Storage Installer
Company Installed 27MW of Storage in State During 2019, CALSSA Report - Nearly 3 Times the Next Largest Competitor
Corporate Customers Buying Record Amount of American Wind Power
Businesses purchased a record amount of U.S. wind power last year. In total, corporate buyers have signed contracts for nearly 17,000 megawatts (MW) of U.S. wind energy, enough to power more than five million American homes
Your Invitation to US Offshore Wind 2020 - a Free Virtual Conference by Reuters Events
6000+ energy professionals have already signed up for the livestream offshore wind event June 18-19 - join them NOW!
Green Lantern Solar Welcomes Energy Law Intern Zach Berger
Thursday, June 11, 2020
Waterbury, VT -
Green Lantern Solar, a leading renewable energy development and construction company focusing on commercial-scale solar PV and energy storage systems, announced that Vermont Law School (VLS) rising 3L Zach Berger has joined their legal team for the summer.
LG AND OPENSOLAR COLLABORATE TO IMPROVE CUSTOMER EXPERIENCE IN U.S. SOLAR MARKET
LG Provides Free OpenSolar Software to Installers, Delivers Robust Tools to Help Increase Business Efficiency
U.S. Solar Market Sets Q1 Record As Pandemic Mutes Q2 Outlook
Rebound possible in second half of 2020 as performance remains strong in utility-scale segment
Records 3046 to 3060 of 29664
First | Previous | Next | Last
Solar Power - Featured Product
QuickBOLT - Expand Your Services
Explore new lines of income for your solar installation business with QuickBOLT's Stone Coated Steel roof mounts designed in partnership with metal roof manufacturers themselves. These SCS roof mounts work on all metal tile profiles and will help you bring in money you're missing out on. By not driving into the roofing material, QuickBOLT's Stone Coated Steel roof hooks maintain the integrity of the roof. Install with ease and confidence knowing your roof is protected against the harsh elements that these hooks are designed for.
