World clean energy investment rebounded strongly in 2014, boosted by demand for large-scale and rooftop solar photovoltaics on the back of its greatly improved competitiveness, and by the financing of a record $19.4bn of offshore wind projects.
ydney-based energy investment group Tag Pacific has today announced it has won a landmark deal to deliver Australia’s largest energy storage system to be operated alongside the University of Queensland-owned Gatton solar power plant in south-east Queensland.
- World’s First Solar Road Opens In Netherlands
- Researchers Reach A Record In Solar Conversion Efficiency
- Scotland Has An Amazing Month Of Wind Energy Production
- World’s Largest Solar Plant Comes Online
- The World’s Largest Tidal Array Gets The Green Light
- Researchers Continue To Develop New Ways To Use Solar
- World’s Largest and Most Powerful Wind Turbine Comes Online
- Solar Car Hits Speed Record, Could Soon Hit The Streets
South Korean PV module manufacturer SolarPark Korea has supplied modules to the first floating solar PV power plant in the country, the prototype Sunflower Solar Power Plant, which uses a tracking and rotating system. According to SolarPark Korea, the tracking system rotates the PV plant so that the modules face the most sun throughout the day. As the facility floats on water, it does not take much energy to do this, just a small amount of power being used from the plant for the rotation of the entire system.
Some of the most important innovations happening in energy today are happening far from the national media headlines. But these small changes will go a long way to making power more reliable, competitive, and local, with solar energy playing a central disruptive role that could dominate energy in the next century.
At its core, Tendril is essentially an energy data company. It collects and analyzes data about consumers' energy usage patterns, primarily learned from partnerships with utilities. SunPower can use this data in its installations to optimize a home's renewable energy consumption, provide stored energy when it's needed, adapt to changing policies for solar, and even improve sales by finding its ideal customers.
You can think of SunPower's capabilities with Tendril as a piece of the home of the future. SunPower will provide local energy production with solar panels, and with energy storage and connected devices SunPower can intelligently plan energy production and consumption based on consumers' desires. If a consumer wants to consume as little energy as possible the system can be set for that, just as it could be set to consume as much of your own energy production, or optimize for cost if there are rewards for sending energy to the grid at peak times. All of this will work in the background, similar to a car's eco mode, but it'll work to make energy more dynamic and controllable for consumers.
As the price of oil has tumbled to five-year lows, solar stocks have fallen with it: First Solar was trading near $72 in mid-September; now it's around $44. Solar City has around $65; now it's close to $50.
During the past 2 years, more flexible sourcing strategies across the wind power supply chain have resulted in cost reductions, enabling greater geographic market access while reducing risk and ensuring profitability for wind turbine vendors and their partners in the component value chain. Overcapacity, however, persists in most, though not all areas of the supply chain, providing purchasers with more choice, flexibility, and cost control. According to a new report from Navigant Research, while demand in 2014 is projected to be less than 47,000 megawatts (MW), annual turbine manufacturing capacity, according to vendor estimates, is likely to exceed 71,000 megawatts MW.
"Oversupply is allowing wind turbine manufacturers to more easily adjust what components they produce in-house, what is outsourced, and when a blend of both is advantageous for cost, technological, or geographic reasons," says Jesse Broehl, senior research analyst with Navigant Research. "Although many manufacturing facilities are running at less than full capacity, product innovation, lean manufacturing, and outsourcing are resulting in a highly competitive wind industry ready for the challenges of today's and tomorrow's wind markets."
Blades are a particularly strong area of strategic product evolution and sourcing shifts, according to the report. Turbine manufacturers are making major, capital-intensive investment changes in how blades are designed, what materials are used, the manufacturing processes behind them, and what companies they source from.
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