The largest solar manufacturer in the world has reduced the prices of a key component in solar installations by close to a third as production ramps up, threatening to sink weaker players. The update comes after in December Longi slashed prices by more than 27%. Per a Bloomberg report, Longi …
Read More »IEA: Solar is Cheapest Energy Source
Solar power has been touted as the cheapest available source of energy for several years now. Solar power proponents have been talking about the consistent decline in the cost of raw materials and panel production. They have also talked about LCOE. The levelized cost of energy is a metric that …
Read More »The Massive Solar and Wind Waste Problem
Solar and wind power could have a massive waste problem if not dealt with soon, with growing uncertainty over what to do with components at the end of their lifespan. Some countries are now investing heavily in recycling operations for no longer functioning solar panels and wind turbines, while many …
Read More »Emerging Markets Grapple with Rising Solar Panel Costs
With high energy prices and supply chain disruptions creating shortages of key renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to accelerate their energy transitions. After more than a decade of decline, the cost of solar photovoltaic (PV) panels has risen around …
Read More »China’s Yunnan to Build Solar Energy Projects with Total Generation Capacity of 10 GW
Southwest China’s Yunnan Province on Monday inked photovoltaic project deals with a total generation capacity of 10 gigawatts in a green drive to alleviate its power supply shortage. Yunnan Provincial Energy Investment Group and Yunnan Provincial Investment Holdings Group signed the project deals with parties from seven prefectures and cities …
Read More »Romania to Construct Europe’s Largest Solar Plant
The western Romanian city of Arad is set to rise and shine as the location where Europe’s largest solar plant will be constructed, with the first stage of work to kick off in July. The full project is scheduled to be completed by 2026. The first panels will be installed …
Read More »Germany Installed 7.19 GW of New Solar in 2022
Germany’s Federal Network Agency (Bundesnetzagentur) has reported that 350.4 MW of new PV capacity was installed in the country in December. By comparison, newly installed PV capacity hit 421 MW in December 2021, and 675 MW in November 2022. In 2022, new PV additions reached 7.19 GW, which compares to …
Read More »Chinese Solar Company Plans to Open a Factory in the U.S.
A Chinese solar panel maker is planning to open a factory in the United States despite trade tensions between the two. JA Solar Technology Co., one of the largest players in the Chinese solar panel field, has allocated $60 million for the facility, to be built in Phoenix, with completion …
Read More »India’s Solar Module Exports Jump after U.S. Crackdown on Chinese Manufacturers
India has seen a considerable increase in exports of solar modules following the Biden administration’s ban on such modules suspected of being produced using forced labor in China. According to a report in the Times of India, solar module exports during the third quarter of the year totaled $157 million, …
Read More »Chinese-Built Solar Project Makes World Cup Greener
The 800-megawatt Al Kharsaah photovoltaic power station, Qatar’s first solar power plant, seen here, was constructed by PowerChina Guizhou Engineering Co. [Photo/China Daily] Since a capacity crowd cheered at the opening on Nov 20 of the 2022 FIFA World Cup at the brilliantly lighted Al Bayt Stadium in Doha, the …
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