Germany’s solar boom has slowed to a trickle and turned into a bust for domestic manufacturers of solar panels and PV system installers and providers. Following a breakneck surge in solar power installations in 2022 and 2023 at the peak of the energy crisis, German solar capacity additions slowed toward …
Read More »Work Continues on Iraq’s First Solar Energy Project
The first concrete step toward increasing Iraq’s dependence on renewable energy sources to generate power is the start of the country’s first solar energy plant. In light of the country’s growing need for power, the government is taking this move to diversify its energy sources and attain sustainability in the …
Read More »U.S. Solar Power Soared in 2024
The U.S. has experienced record solar growth in recent years, supported by the Biden administration’s Inflation Reduction Act (IRA) and greater access to green funding. The Solar Energies Industry Association (SEIA) has recorded record levels of added solar capacity over the last year, as more solar projects were added to …
Read More »US to Increase Tariffs on Chinese Solar
US President Joe Biden’s administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect US clean energy businesses. The notice from the Office of US Trade Representative (USTR) said tariffs on Chinese-made solar wafers and polysilicon would rise to 50 percent from 25 …
Read More »Europe Expected to Add 110 Gigawatts of Solar next Year!
The solar power market in Europe just continues to grow and grow and grow. And not by a little bit. According to S&P Global Commodity Insights, and particularly solar market analyst Liam Coman, 56 gigawatts (GW) of solar power capacity were installed in Europe in 2023, approximately 95 GW are …
Read More »China Set to Break Solar Capacity Growth Record again
China is about to wrap another record-breaking year for solar capacity additions, Bloomberg has reported, with new installations set to reach between 230 and 260 GW. The data comes from the China Photovoltaic Industry Association, with the growth sizable in spite of the industry’s recent struggles with profitability and excess …
Read More »Iceland could become First Nation to Get Solar Power from Space in 2030
One of the complaints when it comes to solar power is that you usually have to link it to batteries. Even in areas with plenty of sun, you cannot have sunlight 24/7 all year round. At least, not on Earth. In space, however, you can. For decades, people have been …
Read More »Turkey Plans to Quadruple Wind, Solar Energy Volume by 2035
Turkey will need $108 billion of public and private investment as it aims to quadruple its wind and solar energy power capacity to 120,000 MW by 2035, Energy Minister Alparslan Bayraktar said on Oct. 21. Speaking at an event to announce Turkey’s roadmap in the field of renewable energy, Bayraktar …
Read More »Solar and Wind Energy Prices Plummet to Record Lows
Europe has experienced negative energy prices several times this year, as the rapid pace of development of solar and wind energy outpaces the region’s ability to cope with excess supply. Electricity prices dropped into negative figures for 7,841 hours during the first eight months of 2024, sometimes to as much …
Read More »U.S. Solar Energy Soars despite Chinese Competition
The U.S. is seeing record solar energy capacity growth each year, thanks to greater public and private investment in the sector. The already rapidly growing solar industry boomed following the introduction of the Inflation Reduction Act (IRA) and other favourable policies. This growth is expected to continue, with several large-scale …
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