Despite COVID-19 market contraction, appropriate stimulus measures can deliver bright global solar forecast
Key takeaways:
• In 2019, the global solar power sector returned to a two-digit growth path, increasing by 13% to 116.9 GW, marking a new annual installation record
• Solar expanded its annual share among all other power generation technologies to 48%
• Despite a potential 4% market contraction in 2020 due to COVID-19, solar is expected to enter the Terawatt age in 2022, only four years after the 0.5 TW level was reached
• In 2019, 16 countries added over 1 GW, in comparison to 11 in 2018, and 9 in 2017
• The top 5 solar markets in 2019 were China with 30.1 GW of new installations, the US with 13.3 GW, India with 8.8 GW, Japan with 7 GW, and Vietnam with 6.5 GW
SEIA: Petition to End Net Metering Would Be Unlawful Federal Power Grab
Jurisdiction over net metering rests with the states and local regulatory bodies and granting a petition to have the Federal Energy Regulatory Commission (FERC) regulate retail programs would represent an unlawful federal power grab, the Solar Energy Industries Association (SEIA) will say in response to the petition today.
Online In-House Trade Fair: Schletter Group Presents Product Innovations
Simplified planning, optimized use of material and easy handling - these are the points that make this year's product innovations from the Schletter Group stand out. With the "Schletter Configurator 3.0", the global solar mounting manufacturer is launching a new, greatly improved generation of its configurator tool.
The effects of lockdown on the Balancing Mechanism
Research from Cornwall Insight highlights that during April and May 2020, the volume of accepted actions in the Balancing Mechanism (BM) more than doubled compared to the same time last year. Overall, across the two months, 7.1TWh of actions were accepted compared to 3.3TWh in April and May 2019. Accepted bid volumes (i.e. to reduce generation) in May rose from 0.80TWh in 2019 to 1.86TWh in 2020.
450 Environmental, Energy Justice Groups Urge Federal Commission to Reject Threat to Solar Net Metering
Letter Demands That Net Metering Remain in State Jurisdiction to Ensure Clean, Resilient Energy Future
UMD Researchers Lead New Multi-Institutional Grant to Examine the Legal, Economic, and Policy Implications of Solar Power on Agricultural Land
The project will assess the legal, economic, and policy implications of solar power on agricultural land to produce educational resources for Extension agents and attorneys to help farmers and rural landowners understand drawbacks and benefits to leasing their land for solar power.
"SOLAR 20/20: Renewable Energy Vision" Conference Brings Together Perspectives
The American Solar Energy Society's 49th Annual National Solar Conference, SOLAR 20/20: Renewable Energy Vision, is online June 24 and 25! The conference has moved to being virtual this year and is now easier than ever to join, wherever you are in the world.
DNV GL serves as Independent Engineer for sPower's milestone solar transaction
• DNV GL performed essential technical due diligence to ensure project success
• The project received $350M tax equity commitment
Stem Named Top California Commercial Energy Storage Installer
Company Installed 27MW of Storage in State During 2019, CALSSA Report - Nearly 3 Times the Next Largest Competitor
Ballard Files Final Shelf Prospectus
VANCOUVER, CANADA - Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) (Ballard or the Company) has announced the filing of a final short form base shelf prospectus (Prospectus), which provides the flexibility to make offerings of securities during the effective period of the Prospectus, until July 2022. The final short form base shelf prospectus has been filed further to the preliminary short form base shelf prospectus, which was previously announced on June 5, 2020.
Switch2 will accelerate heat network development via Re:fit framework
Switch2 Energy will help cash constrained Local Authorities and public bodies to accelerate development of low carbon heat networks via the Re:fit Framework for Energy Performance Contracting.
Russelectric, a Siemens Business, Announces New RTSCD Commercial Duty Transfer Switch
Cost effective option ideal for life safety systems and ensuring ongoing operations
Corporate Customers Buying Record Amount of American Wind Power
Businesses purchased a record amount of U.S. wind power last year. In total, corporate buyers have signed contracts for nearly 17,000 megawatts (MW) of U.S. wind energy, enough to power more than five million American homes
Your Invitation to US Offshore Wind 2020 - a Free Virtual Conference by Reuters Events
6000+ energy professionals have already signed up for the livestream offshore wind event June 18-19 - join them NOW!
LG AND OPENSOLAR COLLABORATE TO IMPROVE CUSTOMER EXPERIENCE IN U.S. SOLAR MARKET
LG Provides Free OpenSolar Software to Installers, Delivers Robust Tools to Help Increase Business Efficiency
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Quality assurance in the manufacturing industry
Efficiency and precision with CSP software. In the highly competitive world of manufacturing, quality assurance is a critical factor for success. CSP offers you state-of-the-art software solutions specifically designed to ensure the highest standards of quality assurance in the manufacturing industry.
