Solar Energy

The Chinese Ministry of Finance has increased the country’s renewable power subsidies for 2021 by 5 percent to CNY 5.95 billion ($905 million). According to French consultancy Enerdata, subsidies for wind and biomass projects dropped by 24 percent and 18.5 percent, respectively, to CNY 2.31 billion ($351 million) and CNY …

The International Energy Agency task force has issued a new report, revealing that residential solar PV with battery storage has the potential to reduce emissions up to ten times compared to coal generated electricity. Australia is participating in a research program with the International Energy Agency to assess the lifecycle …

A new report released by Wood Mackenzie states that solar module costs will continue to fall in the 2020s owing to technology innovation and lower CAPEX. Improvement in module efficiency and power class is expected to propel the declining capex trend forward and ultimately lower the solar levelised cost of …

In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That’s according to a new report released today by the International Energy Agency (IEA). Sunshine is free, but the technology needed to turn it into usable …

Solar output is expected to lead a surge in renewable power supply in the next decade, the International Energy Agency said, with renewables seen accounting for 80% of growth in global electricity generation under current conditions. In its annual World Energy Outlook on Tuesday, the IEA said in its central …

The plant is forecast to produce around 589GWh of energy, avoiding the emission of 439,000 tonnes of carbon dioxide into the atmosphere.

Solar PV is to become Europe’s leading source of power within the next five years, International Energy Agency (IEA) chief Fatih Birol has said. Speaking at SolarPower Europe’s SolarPower Summit, held virtually this year, Birol, executive director at the IEA, teased new details to be released in this year’s World …

Its clean energy generation would offset around 4.7m tons of CO2, equivalent to the emissions from more than 938,000 cars a year.

Customers living in Australia will be able to shop for solar panels through the company’s website.

It is expected to generate enough electricity to power the equivalent of 15,500 homes every year.