Solar PV could reach 12% of total EU electricity production by 2030
In a new report, Roland Berger Strategy Consultants predict solar PV could account for 12% of Europes total electricity production by 2030. It further looks at the challenges and opportunities decentralization is presenting utilities, including regulation.
Storage grows five-fold as Intersolar Europe opens
Evolution of show reflects changing landscape of Germany’s and Europe’s solar industry, with storage technology brought to the fore.
Intersolar Europe: DNV GL unveils solar + storage service
Division created to meet industry needs, the independent energy advisory announced. Storage halls abuzz on day one of show.
Intersolar Europe: SolarWorld exits SolarPower Europe trade body
The industry body formerly known as EPIA had irked the German solar company with its opposition to EU trade duties, something SolarWorld had long lobbied for.
US: 32 GW utility-scale solar pipeline under development ahead of 2017 ITC deadline
Analysts say a massive 32 GW pipeline of utility-scale solar is under development in the U.S., with developers aiming to finish their projects by the end of 2016, when the Federal energy investment tax credit (ITC) expires. Almost half of this is set to be installed in leading solar state, California.
US: Solar accounts for 51% of all new Q1 energy additions
In another positive announcement for the U.S., a record 1.3 GW of solar PV has been installed in Q1. The residential sector boosted growth, installing more capacity than natural gas, thus highlighting the significance of its future role in the electricity market. Overall, solar accounted for 51% of all new energy generation brought online.
Australias largest PV power plant comes online
The 102 MW Nyngan Solar Plant in Australia has become fully operational. The installation of the plant, which is now Australias largest, has been completed, with the array now connected to the grid and final testing currently being carried out.
China's inverter market on the climb despite revenue contraction, says IHS
An 18% increase in shipments helped swell the Chinese inverter market to 13.3 GW, but revenues dropped 6% on the back of significant price declines, say the analysts.
Hanwha Q Cells reaches 53 MW in UK with latest completion
The 8.1 MW Tower Hill Solar Park in south England has taken the South Korean company’s U.K. PV portfolio to 53 MW. Project completed under ROC grace period.
Renewables outpace nuclear in 2014 European power generation
Last year was said to be a benchmark for renewable energy, with renewables producing more power in Europe than nuclear for the first time. In yet another glittering solar industry report, SolarPower Europe further calculates cumulative solar capacity could reach 540 GW, globally, by 2020, with a record 40 GW installed in 2014. China is set to “frame global growth.”
