An extension of the solar Investment Tax Credit (ITC) - the main driver of solar growth in the United States - was unexpectedly included in an omnibus spending bill agreed upon in Washington, D.C. late Tuesday night. It will be finalized and voted on later this week.
By Daniel J. Graeber for UPI.com: Small-scale solar installations in the United States account for about a third of the overall capacity on the grid, a report from the federal government said. The U.S. Energy Information Administration estimates total U.S. solar-power output in September, the last full month for which data are available, at 3.5 million megawatt hours. Of that, just more than 30 percent came from small-scale solar installations. "Generation from roof-top photovoltaic systems has become an increasingly important part of total solar generation in the United States," EIA AdministratorAdam Sieminski said in an emailed statement. A September report from the Solar Energy Industries Association, with support from green energy market adviser GTM Research, found second quarter residential solar capacity grew 70 percent year-on-year to 473 megawatts. Cont'd...
The Mexican renewable energy market is poised to become one of the largest in the Americas in 2016.
As a result of strong market demand and insufficient supply, wafer ASPs have slowly started to rise since June. This price increase is significant, considering the declining prices for polysilicon -- and costs of wafer production - this year.
The BNEF study shows that the global average levelised cost of electricity, or LCOE, for onshore wind nudged downwards from $85 per megawatt-hour in the first half of the year, to $83 in H2, while that for crystalline silicon PV solar fell from $129 to $122.
Geothermal systems provide consistent indoor temperature and humidity levels, while operating quietly. If you are an environmentalist, geothermal systems reduce the carbon footprint of your home or business by producing heating and cooling on site with the renewable resource of your land.
Clearly, states are beginning to focus on providing clean energy power solutions in the face of ever increasing severity of storms and the need to have resilient power available for disaster response.
Despite the historic success of tax credits in helping to move renewable energy industries forward, the reality is that these credits might not be renewed. Industries will have to rely more heavily on the savings possible through equipment and technology improvements.
Germany's top place in the ranking is not surprising given its Energiewende focus to transition away from fossil fuels & its declared war on coal.
An Increase in Safety or the Creation of Perceived Danger?
The market is reacting to the slow growth of module production and the decreased utilization of PV manufacturing capability by downsizing and consolidating PV manufacturing companies.
The demand for solar energy is now higher than ever and this report spells out how crucial it is for America to maintain smart, effective, forward-looking public policies
What we are witnessing is in reality a traditional consolidation phase in a new and fledging industry, with winners and losers, and with the surviving players facing a bright and profitable future.
Feed-in tariffs, quota obligations, capital grants, and subsidies will continue to be instrumental in promoting Europe's renewable energy industry growth by 2020 ---Renewables accounted for around 40% of the EU's total power generation capacity added in 2014, with Germany the clear leader for installed capacity, says report
Overall module price improves globally this week, owing to the price quotes in different regions moving up by currency exchange rate or the demand improvement. The increasing large-scale solar projects moving forward are driving up module demand, especially in India and China. Moreover, as the demand continues to heat up in China and the emerging markets, some top-tier module suppliers are able to adjust their selling prices up in those low-priced regions.
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