2015 was also the highest ever for installation of renewable power capacity, with 64GW of wind and 57GW of solar PV commissioned during the year, an increase of nearly 30% over 2014.
Both multi-crystalline and mono-crystalline solar module price declined incrementally this week. As the long term prospects of the U.S. market has improved, more and more Chinese module makers are employing price reduction strategies in order to compete with other tier-1 rivals and western peers in capturing more market share in the U.S. market. Hence, the solar module price in the U.S. is being pulled down by the strategic pricing competition. Furthermore, solar panel prices in China have also dropped in USD term due to the depreciation of RMB.
Gantner Instruments presents new monitoring solutions for utility-scale PV plants at the World Future Energy Summit in Abu Dhabi
The leading independent PV monitoring company, Gantner Instruments, is presenting its latest solutions for monitoring, data collection and plant control at the World Future Energy Summit in Abu Dhabi from January 18 to 21. With offices in Europe, Asia and the US, and representatives in 32 countries, the company has developed efficient solutions for maximizing the performance of PV systems, reducing downtime, increasing yield and maintaining international standards.
Following is a statement from Rick Umoff, Director of State Affairs for the Solar Energy Industries Association (SEIA), in response to today's remarks by Gov. Andrew Cuomo in his 2016 State of the State:
Southern California's 1st Solar Store by Baker Electric, opens its doors to homeowners on January 16 from 1:00 to 4:00 p.m at 40165 Murrieta Hot Springs Road, Murrieta, California
A new report from the U.S. Department of Energy highlights how U.S. states are helping move fuel cell industrty forward.
Atlantic Wind & Solar Launches Sustainable Living Construction Initiative to Build New Communities and Resorts
Atlantic will work with large land owners and real estate developers to develop communities and resorts that are designed, at their core, to deliver self-sustainable and highly efficient homes and resorts of the highest quality, with the added benefit of requiring minimal maintenance.
Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), in response to President Obama's State of the Union Address:
Schneider Electric Selects AlsoEnergy as Preferred Monitoring Provider for Conext CL Series Power Inverters
Schneider Electric™, a global leader in solutions for the solar power conversion chain, has designated AlsoEnergy as the preferred monitoring provider to pair with their Conext™ CL series of three-phase string inverters.
Statement of Graham Richard, CEO of Advanced Energy Economy, on President Obama's State of the Union Address
Advanced Energy Economy released the following statement on the occasion of President Obama's State of the Union Address:
Bloom Energy to Install First Ever Highrise Project at Morgan Stanley Global Headquarters in New York City
Morgan Stanley's second project with Bloom Energy demonstrates how clean energy can be deployed in urban areas like Times Square
Renewables generated very nearly as much electricity as nuclear sources during 2015, prompting the continued fall in power supply from coal-fired power stations.
With Annual Energy Yields Reaching 1 Giga Watt "Al-Afandi Group" Contributes to the "National Transformation" Program by Building the Biggest Solar Panel Factory in the Middle East
The Al-Afandi Group took a monumental step towards building the largest comprehensive fully-integrated commercial factory in the Middle East, to produce solar panels which will create a significant shift in solar energy usage to cover the biggest portion of electric energy production locally and regionally
Mangan Renewables successfully completed a 2.5 MW solar ground mount system for United States Cold Storage - USCS in Lumberton, North Carolina.
Every year about this time experts start offering up what to expect in the coming year-in just about everything. Solar is no exception, usually. This year the plethora of prognostications is lower. Perhaps that's because the three-year extension of the the Investment Tax Credit (ITC) in the U.S. in waning days of 2015 surprised many in the industry. Still some experts had foreseen an extension and others made their prognostications known. The bottom line is expect a healthier industry going forward for the next few years-at least.
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