Wind is now America's largest renewable energy provider and the top choice for new utility-scale power
Annual market report shows wind industry topped 100 GW, employed 120,000 Americans, invested $14 billion in new projects, and provided $1.6 billion in local payments to communities and landowners last year.
NREL Six-Junction Solar Cell Sets Two World Records for Efficiency
The six-junction solar cell now holds the world record for the highest solar conversion efficiency at 47.1%, which was measured under concentrated illumination. A variation of the same cell also set the efficiency record under one-sun illumination at 39.2%.
CORPORATE CLEAN ENERGY BUYING LEAPT 44% in 2019, SETS NEW RECORD
Corporations purchased 19.5 gigawatts of clean power through long-term contracts, dwarfing the previous year's record, driven by activity in the U.S. and corporate sustainability commitments
Energy Storage Systems Market to record USD 500 billion by 2025, at 6% CAGR from 2019 to 2025
According to the IEA, renewable share in power generation is projected to grow to 40% by 2040. Furthermore, rising demand for effective load management and continuous power supply will enhance the product penetration.
Solar Installations to Grow by Additional 142 GW in 2020 - Seven Times the World's Total Solar Installations a Decade Ago
Global solar installations will continue double-digit growth rates into the new decade, according to the new 2020 Global Photovoltaic (PV) Demand Forecast by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.
Solar Tracker Market is Projected to Hit $3.3 Bn by 2025
Solar Tracker Market by 2025 is expected to expand over 30 GW. Rising electricity demand on account of rapid urbanization & ongoing commercialization across globe will fuel the adoption of solar energy systems.
59% of Consumers' Next Car Will Likely Be Electric
We found there was more EV adoption in California than in the Northeast. There are many factors, but it is the case that public regulators have been approving significant funding to promote electric vehicles in the west, including widespread public media campaigns.
Rocky Mountain Institute Report Shows Massive Investment in Battery Technology is Accelerating the Energy Transition, Driving Exponential Market Growth
Battery technology report from Rocky Mountain Institute reveals prices falling and performance improving faster than predicted, as the risk of stranded assets in legacy infrastructure grows more apparent.
Solar Energy Storage Market is Expected to Cross An Annual Installation of 3 GW by 2025
Industrial inclination favoring the installation of energy storage solutions coupled with the lowering cost related to implementations will foster solar energy storage industry share over the projected time period.
Tandem Solar Modules: One-Two Combination Packs a More Powerful Punch
Researchers engaged in the Capitano project are combining thin-film solar modules based on perovskite semiconductors with semiconductors made of copper, indium, gallium and selenium (CIGS).
U.S. Utility Solar Pipeline Soars to 37.9 GW, A New Record
Utility solar project announcements surged to 11.2 GW in the first half of 2019, with 6.2 GW contracted in Q2 alone. In addition to the utility solar pipeline growth, residential solar deployment rebounded from the same period last year.
ENERGY STORAGE INVESTMENTS BOOM AS BATTERY COSTS HALVE IN THE NEXT DECADE
BNEF's annual outlook revises up its forecast for global investment in stationary energy storage, and sees majority of capacity likely to be grid-scale
Corporate Solar Investments Surge in United States, Report Finds
This year's report contains data from both on-site and off-site installations, tracking more than 7,000 MW of installed solar capacity across 35,000 projects, up from 2,500 MW and 7,000 projects in the 2017 report.
Solar, Wind, Batteries to Attract $10 Trillion to 2050, but Curbing Emissions Long-term Will Require Other Technologies Too
Each year, NEO compares the costs of competing energy technologies through a levelized cost of energy analysis. This year, the report finds that, in approximately two-thirds of the world, wind or solar now represent the least expensive option for adding new power-generating
Grid Parity Facilitates PV Innovations in Efficiency Improvements
In China, the policy unveiled in late April offered insights into its goal to achieve grid parity. To ensure solar can remain profitable without subsidies, the market has turned to high efficiency modules with low price.
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