Solar panel prices move notably lower this week, extending the downward trend over the past few weeks. Record capacity expansion, historical low bidding prices and an oversupply situation are intensifying a worldwide competition, which in turn are fueling solar panel price drop. In the US, competition among major module suppliers is getting even more intense as major suppliers strive to secure more orders as to maintain high utilization rates and market shares. Other major solar markets also suffer from similar pattern. In China, even as the demand is relatively solid, solar panel prices are dragged down by depreciation of RMB as well as strategic pricing in efforts to win project tenders. As for India, solar panel prices slump as following the downtrend of the rest of the world regardless of its solid demand growth.
Solar system at the popular Larkspur, CA shopping center to generate approximately $50,000 ($0.94 per square foot) of new revenue per year.
The 750 kW fuel cell system provides 24x7 power at Morgan Stanley's building on Broadway in Times Square
49 MW lithium-ion system in UK will support multiple, market-driven use cases ranging from peaking to frequency regulation / Deal underscores versatility of Younicos solutions
Robinson Meyer for The Atlantic: Think of all the energy that goes into making a single solar panel. Quartz and copper must be mined. The raw materials must be converted into wafers, then encased in protective material. And after panels leave the factory, they must be shipped all over the world. Now imagine these consequences spread over four decades—the environmental cost of the solar industry. Given all the research, development, and production time that goes into making any one panel, a skeptical solar-buyer might wonder: Has the solar industry on the whole really saved any energy at all? To that concern, a new analysis answers: Yes. The solar industry probably paid off its long-term energy and climate “debts” in 2011, a study published this week in Nature Communications finds. Cont'd...
Robust Dealmaking and Investment, Increased Pipeline Safety and Grid Security
APsystems today announced the launch of a new, redesigned version of its Energy Monitoring & Analysis (EMA) website APsystemsEMA.com. The web-based platform, available for free on any connected device, monitors and reports module-level energy production of solar arrays which utilize APsystems inverters and provides that information to homeowners and end users in a convenient and user-friendly format.
America's first offshore wind farm began generating electricity today in the waters near Block Island, Rhode Island, opening a new frontier for American energy production. By continuing to tap into abundant offshore wind resources here at home, more clean, reliable electricity can power American homes and businesses while creating well-paying jobs.
Successful commercialization of breakthrough utility-scale solar thermal technology with integrated molten salt energy storage secures worldwide energy award for SolarReserve
Norwegian start-up company Markedslabben uses FICO Xpress Optimization Suite in algorithm to optimize wind farm layouts and reduce CO2 emissions; company awarded FICO Decisions Award for Analytic Excellence
To Provide Local Content for Company's Existing 390 MW Brazil Pipeline and Growth
Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country's first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and businesses in the area
Lucas Mearian for ComputerWorld: About 44% of all solar power that's installed on residential rooftops, known as distributed solar capacity, is owned by private businesses, such as SolarCity or Vivint Solar, according to new government data. Distributed solar capacity in the U.S., which includes all solar power capacity other than utility-scale installations 1 megawatts (MW) or larger, increased to 12.3 gigawatts (GW) as of September, according to new figures from the Energy Information Administration (EIA). In comparison, a cumulative 11.6GW had been installed in the U.S. by the end of 2015. Cont'd...
Upsolar (Singapore) Pte. Ltd., a subsidiary of Upsolar, a leading provider of solar PV modules and services, Koine a design company specializing in floating technology, and Upsolar's local installation partner CW, recently deployed a large floating PV system at Tengeh Reservoir in Singapore making it the world's largest floating solar PV test-bed ever to be installed.
Charlotte Hsu for University of Buffalo: BUFFALO, N.Y. — Could a glow-in-the-dark dye be the next advancement in energy storage technology? Scientists at the University at Buffalo think so. They have identified a fluorescent dye called BODIPY as an ideal material for stockpiling energy in rechargeable, liquid-based batteries that could one day power cars and homes. BODIPY — short for boron-dipyrromethene — shines brightly in the dark under a black light. But the traits that facilitate energy storage are less visible. According to new research, the dye has unusual chemical properties that enable it to excel at two key tasks: storing electrons and participating in electron transfer. Batteries must perform these functions to save and deliver energy, and BODIPY is very good at them. In experiments, a BODIPY-based test battery operated efficiently and with longevity, running well after researchers drained and recharged it 100 times. Cont'd...
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