New figures provided to pv magazine by Rystad Energy reveal that the amount of unsold panels in European warehouses may have more then doubled between mid-July and the end of August, and that it may reach 100 GW by the end of the year. Analyst Marius Mordal Bakke explained that PERC modules bought and stored by a European...
Half of the world’s economies are already at least five years past a peak in power generation from fossil fuels.
European warehouses are reporting extremely high inventory levels for residential energy storage systems, with aggressive prices expected, as distributors need to start clearing their stocks, according to S&P Global.
Tenevo Solar plant is expected have a solar capacity of 238 MW, a wind capacity of 237 MW and a storage capacity of 250 MW-500 MWh, with construction starting this month. Konstantin Nenov, director of Renalfa AD – one of the businesses behind the project – tells pv magazine the plant is emblematic of the Balkan country...
S&P Global Commodity Insights says it expects China to install 170 GW of solar in 2023, with global capacity additions to potentially surpass 400 GW.
Swisspower-Stadtwerk SIG says its pilot solar bicycle path in Satigny will pave the way for similar projects in Switzerland.
EVs to Surpass Two-Thirds of Global Car Sales by 2030, Putting at Risk Nearly Half of Oil Demand, Exponential growth in EV transforming
A fall in demand drives collapse in EU coal and gas in the first half of 2023, as solar pushes forward clean power growth.
China deployed 18.74 GW of new PV systems in July alone and may now cross the 500 GW threshold by the end of this month.
The shift from fossil fuels to renewable energy is surging faster than policy-makers imagined and energy transition advocates dreamed, several news reports say, with China, the United States, and the European Union leading the way.
Next generation cells surpass limits of today’s cells and will accelerate rollout of cheaper, more efficient solar power
Chinese officials on June 25 said the first phase of what is considered the world’s largest combined hydro and solar power plant has entered commercial
In May alone, the nation’s new PV additions hit 1,040 MW. Its cumulative PV capacity reached 72.5 GW.
The Centre for Research on Energy and Clean Air (CREA) is an independent research organisation that reveals the trends, causes, health impacts as well as solutions to air pollution.
Renewable energy covered 51.6% of Germany's gross electricity consumption in 2023, surpassing the 50% threshold for the entire year for the first time, as
More than half of the electricity Spain now consumes comes from renewable energy sources, rising from 42.2% last year.
The European power market will see its carbon intensity plummet as the region pursues ambitious climate-energy policies but flexibility is key to enable this change, according to Peter Osbaldstone, Research Director, Europe Power & Renewables at Wood Mackenzie.
The US is expected to add a record-setting 33 GW of solar capacity in 2023, but 2024 will bring challenges to the industry.
New figures from Absolar, a Brazilian PV trade group, show that the country could install 9.3 GW of solar in 2024, bringing it to 45.5 GW of installed PV capacity by the end of next year.
BNEF updates its forecasts for the Worldwide photovoltaic market: installed systems increased by more than 60% between 2022 and 2023
Once again, Germany's newly installed solar capacity exceeded the gigawatt threshold, reaching 1.23 GW in October while onshore wind deployment achieved th
Ahead of COP28, we unpack what a global goal to triple renewables means for annual deployment rates.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Statistics from Instytut Energetyki Odnawialnej show that the Polish solar market could see significant growth due to a rise in grid-connection approvals, despite an increase in project rejections.
Portugal generated 172.5 GWh of renewable electricity between Friday and Saturday. Its output included 97.6 GWh of wind, 68.3 GWh of hydro, and 6.6 GWh of PV. It exported surplus power to Spain, while consuming 131.1 GWh.
