Solar panel shortage looms even as manufacturers invest in production
The solar industry is bracing for a global drought in photovoltaic panels after a series of high supply years that pushed prices to all-time lows and encouraged installations.
Solar panel adoption is supposed to increase as much as 29% this year, which has top manufacturers and installers anticipating a drop in availability of panels. This would be the first such shortage since 2006 when the nascent solar energy industry was just taking hold, reported Bloomberg News.
Eight years ago, only about 1.5 gigawatts of solar energy capacity was installed. This year as much as 52 gigawatts is expected to be hooked up and another 61 gigawatts in 2015, according to estimates by Bloomberg New Energy Finance.
That is compared with about 70 gigawatts of production capacity currently available, though that estimate could be high since some manufacturers’ equipment is out of date or obsolete.
The shrinking supply could hinder the growing rooftop solar panel industry. The scarce supplies often get routed to larger-scale utility projects and leave the residential side with limited availability.
New TÜV SÜD certificate: Reliable information on stationary energy storage systems
The expansion of renewable energy and distributed energy production is also driving the development of stationary battery energy storage systems. TÜV SÜD's new Renewable Energy Storage Systems (RESS) certificate enables stakeholders to demonstrate the safety and performance of these systems.
IronRidge Expands XR Rail Family with New Sizes
argeted Rail Sizes Enable More Cost-Effective Solar Array Design & Installation
The Next-Generation Supercar: Wireless EV
In light of the inaugural Beijing Formula E Grand Prix, scheduled for September 13, 2014, Bryan Solstin at Solstin.org comments on industry trends, saying Formula 1 and Formula E are paving the way for the next-generation supercar. Solstin says emerging supercapacitors and high-power wireless will be the next generation supercar.
SEIA Welcomes Hanwha SolarOne as Newest Board Member
Hanwha SolarOne (NASDAQ: HSOL), a top-10 global photovoltaic (PV) manufacturer of high-quality, cost-competitive solar modules, has officially joined the Solar Energy Industries Association (SEIA) at the board level. Hanwha SolarOne is a flagship company of Hanwha Group, one of South Korea's largest enterprises and a Fortune Global 500 firm.
The Provo Office of the Bureau of Reclamation Doesn't Just Reclaim Water: A New Solar Panel System Using TRA Snow and Sun's Solar Mounting System Captures Energy
The Provo Office of the Bureau of Reclamation installs solar panels using local supplier, TRA Snow and Sun's solar mounting system, capturing about 24 KW of electric power. They are planning for more panels in the near future.
Intersolar Summit Middle East: Ambitious goals - Market participants discuss the solar potentials in MENA.
EuPD Research - US Office
Prime Minister: growth in solar opportunity for sector and wider economy
Prime Minister David Cameron has said that solar "has the potential to play a valuable part of the UK's renewable energy mix" in response to a letter from a coalition of over 150 businesses from the solar industry and beyond who came together last month to warn David Cameron of the threat to Britain's thriving solar industry.
ReliOn and CIC USA Project Named Finalist in 2014 CTIA E-Tech Awards
Fuel Cell Project Recognized for Innovation in Green Telecom & Networks
Solectria Renewables to Power 45MW Entropy Solar Projects in North Carolina
Solectria Renewables, LLC, a leading U.S. PV inverter manufacturer, announced today that it will supply 69 SGI 500XTM's to Entropy Solar Integrators for seven projects in North Carolina.
ViZn Energy Systems Recognized with Entrepreneurial Company of the Year Award for Energy Storage
Coveted Frost & Sullivan Award Latest in Series of Wins for Global Flow Battery Company
Walmart chooses Lumos LSX modules for their functionality and unmatched aesthetics
LSX frameless modules provide shelter from the elements and renewable energy at the same time
Top Professor urges Scots to use heat in rivers – or lose it to the sea
Glaswegian know-how helps Norway race ahead in rush for low carbon warmth
ACWA Power's CEO says Indian PV companies expanding to the Middle East ‘fear the unknown'
PV Insider's recently published guide on ‘Exporting Indian solar expertise abroad' includes interviews from key Middle Eastern solar players such as ACWA power, Masdar and Sun & Life on whether Indian companies would make good partners on PV projects in the Middle East.
China and Saudi Arabia: a new partnership in CSP
Cooperation between the two countries –which are among the most important CSP investors-, is booming. By way of example: a memorandum of understanding was signed between the King Abdullah City for Atomic and Renewable Energy (K.A.CARE) and the Chinese National Nuclear Corporation (CNNC), in Beijing.
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Solar & Wind - Featured Product
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