The BNEF study shows that the global average levelised cost of electricity, or LCOE, for onshore wind nudged downwards from $85 per megawatt-hour in the first half of the year, to $83 in H2, while that for crystalline silicon PV solar fell from $129 to $122.
Geothermal systems provide consistent indoor temperature and humidity levels, while operating quietly. If you are an environmentalist, geothermal systems reduce the carbon footprint of your home or business by producing heating and cooling on site with the renewable resource of your land.
Clearly, states are beginning to focus on providing clean energy power solutions in the face of ever increasing severity of storms and the need to have resilient power available for disaster response.
Despite the historic success of tax credits in helping to move renewable energy industries forward, the reality is that these credits might not be renewed. Industries will have to rely more heavily on the savings possible through equipment and technology improvements.
Germany's top place in the ranking is not surprising given its Energiewende focus to transition away from fossil fuels & its declared war on coal.
An Increase in Safety or the Creation of Perceived Danger?
The market is reacting to the slow growth of module production and the decreased utilization of PV manufacturing capability by downsizing and consolidating PV manufacturing companies.
The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies
What we are witnessing is in reality a traditional consolidation phase in a new and fledging industry, with winners and losers, and with the surviving players facing a bright and profitable future.
Feed-in tariffs, quota obligations, capital grants, and subsidies will continue to be instrumental in promoting Europe's renewable energy industry growth by 2020 ---Renewables accounted for around 40% of the EU's total power generation capacity added in 2014, with Germany the clear leader for installed capacity, says report
Overall module price improves globally this week, owing to the price quotes in different regions moving up by currency exchange rate or the demand improvement. The increasing large-scale solar projects moving forward are driving up module demand, especially in India and China. Moreover, as the demand continues to heat up in China and the emerging markets, some top-tier module suppliers are able to adjust their selling prices up in those low-priced regions.
Multinational corporations want access to global solutions that help them document their commitment to electricity from renewable energy sources.
Of the 326 Gigawatts (GW) of current coal power capacity in the US, a potential 60 GW could be lost by 2020 due to government's Clean Power Plan (CPP) ----'With the US boasting significant renewable power potential, the CPP has created a huge opportunity for companies in this sector,' says analyst
By Sophie Vorrath for RenewEconomy: The key role energy storage will play in the electricity grids of the future – and the vital importance of investing in and testing the various emerging battery storage technologies – has been highlighted in a major report published by the Australian Renewable Energy Agency on Monday, which predicts a 40-60 per cent price plunge for certain battery technologies by 2020. The 130-page report prepared by AECOM predicts a “mega-shift” to energy storage adoption, driven by demand – from both the supply side, as networks work to adapt to increasing distributed and renewable energy capacity, and from consumers wishing to store their solar energy – and by the rapidly changing economic proposition; a proposition, the report says, that will see the costs of lithium-ion batteries fall by 60 per cent in less than five years, and by 40 per cent for flow batteries. Cont'd...
Cloud-based software is one technological advancement that can pay dividends in the development and management of a wide variety of renewable energy projects, from wind farms, solar farms and geothermal plants to hydropower and biomass facilities.
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Small size, light weight, great features, best value! With a line-up of 1-phase transformerless units, KACO new energy will be inaugurating the new "blueplanet" solar PV inverter series. Newly designed and constructed from scratch, the blueplanet TL1 fulfil the highest requirements for optimum use in residential solar power plants.