US-based engineers have joined forces to develop high-voltage reference batteries for behind-the-meter energy storage applications, based on a bipolar technology that uses silicon wafers in traditional lead batteries. The wafers are similar to those in photovoltaic cells and the idea is that the development becomes a ‘plug and play’ solar-powered …
Read More »India’s Solar Energy Output may Match Coal-Fired Power by 2040
The share of solar energy in India’s power generation could equal coal fired output by 2040, the International Energy Agency (IEA) said yesterday, driven by falling renewable tariffs and a government push to increase green energy use. “Solar power is set for explosive growth in India, matching coal’s share in …
Read More »Lightsource bp Completes $380m Financing for Two Texas Solar Projects
That includes the 163MW Elm Branch and 153MW Briar Creek solar projects that are expected to offset greenhouse gas emissions by a total of 370,000 metric tons annually.
Read More »Solar and Wind to Dominate 40GW US Power Plant Build in 2021
Solar and wind will account for 70% of the nearly 40GW of new large-scale US electricity generating capacity that developers plan to bring into commercial operation in 2021, according to a preliminary estimate by the federal Energy Information Administration (EIA). Get the market insight you need into the global oil …
Read More »US Solar Panel Installations Predicted to Have Risen 43% Throughout 2020
A record 19GW of new solar capacity has been installed this year, according to a new report.
Read More »US Invests $45m in Advanced Solar Technologies Research
It is also supporting the creation of a consortium dedicated to developing control technologies for a modernised electric grid.
Read More »Germany’s Solar Boom Set to Continue in 2021
Germany saw a 25% increase in solar rooftop installations this year compared to 2019 and the trend looks set to continue next year, the German Solar Association (BSW) said Wednesday. The growth in the rooftop sector was not limited to PV installations, according to BSW managing director Carsten Körnig. “Whether …
Read More »China Aims to Increase Subsidies for Solar Power Projects by 57 Percent
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 …
Read More »Solar and Batteries are Ten Times Cleaner than Coal
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 …
Read More »Solar Module Costs Continue Decline Thanks to Tech Innovation and Lower Capex
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 …
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