Experts anticipate cost reductions of 24%-30% by 2030 and 35%-41% by 2050, under a median or 'best guess' scenario, driven by bigger and more efficient turbines, lower capital and operating costs, and other advancements
In the last ten years, the installed global solar energy capacity has multiplied nearly 50 times. The cost of purchasing and installing a solar panel has decreased by 80 percent in five years and is still falling. The comparable cost of electricity generation has made solar energy the cheapest energy source today, from being the most expensive only six years ago. This is truly a green revolution.
Winners Announced at Awards Ceremony at Solar Power International
Hydropower generation relies on water flow and head to generate energy, SHPP can be installed in any system where these factors are available.
Drones, Robots and Fully Integrated Design: Third-Generation SunPower® Oasis® Platform Reinvents Solar Power Plants
More than 700 Megawatts Awarded To Date
REC Solar Surpasses 100 Installations for Agriculture Industry with Latest Installation for Renewables Leader Taylor Farms
Solar pacesetter completes milestone project for longstanding customer
-Gravity jacket concept for cost-efficient foundations -First offshore installation of SWT-7.0-154 wind turbine including 66kV transformer, cable and switchgear -Cable in pipe for cost-efficient cable systems
The SPI 2016 took place at Las Vegas Convention Center on 12th-15th September. This yearly event generates success for solar energy professionals and global solar industry.
Valentin Software has expanded its PV*SOL design software so that for the first time it is now possible to include electric cars in the design of photovoltaic plants.
New Report Offers Core Doctrines and Guidelines for Finding Common Ground
Solar+storage EV fast charging station installed at Intel headquarters in Santa Clara, California
Industry praises bipartisan Governors' Wind and Solar Energy Coalition for seeking U.S. agencies' help to site wind projects
The U.S. wind energy industry today welcomed the support of a bipartisan group of 20 governors for further steps by federal agencies that could expedite siting of new wind farms, on land and offshore.
Being shown in Europe for the first time at the expo will be SKF's newly developed spherical roller bearings for wind turbine main shafts.
Katherine Tweed for GreenTechMedia: In many parts of the world, wind power is cheap. That is particularly true in the U.S., where onshore wind already rivals the cost of natural gas in some regions. But wind power will likely get even cheaper, according to new research from Lawrence Berkeley National Laboratory published in Nature Energy, with contributions from the National Renewable Energy Laboratory, University of Massachusetts, and participants in the International Energy Agency Wind Technology Collaboration Program. The study surveyed more than 160 wind experts across the globe. Many had deep expertise in very specific regions, but the overall findings were similar: The cost of wind will continue to come down through 2030. There are significant variations in the current costs for wind by region, but researchers "found a considerable amount of agreement” in overall reductions as a percentage of that total cost, said lead author Ryan Wiser, a senior scientist at Berkeley Lab. Cont'd...
Polysilicon price is not out of the woods yet with downstream demand remaining a significant concern. The purchasing power of polysilicon buyers has been hampered as the wafer prices see enlarged correction and the domestic demand is also noticeably slower. Unclear order visibility has pressured on polysilicon suppliers to release more price discounts. Although Chinese polysilicon suppliers have tried to curtail production output by conducting annual maintenance, such attempt is unlikely to temper the weakening market sentiments. In addition, as the quarterly financial accounting process approaches, the accumulated inventory pressure also forces polysilicon suppliers to dump excess stocks and sending the price down further.
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