Regulations, solar resources shaping growth of US energy storage
A new report from GridBeyond examines how regulations and solar resources drive prices in the United States.
New tool tips solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade, according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
Optimizing photovoltaic systems: Best practices for economic, technical key performance indicators
As the global solar energy industry grows, so does the need for accurate monitoring of performance and financial viability. The latest report by IEA PVPS Task 13, “Best Practice Guidelines for the Use of Economic and Technical KPIs,” provides a comprehensive framework to address this issue. This article explores the importance, methodologies, and applications of Key Performance Indicators (KPIs), with a focus on their role in optimizing PV systems.
South Korea’s new solar installations hit 2.5 GW in 2024
South Korea installed 2.5 GW of new solar capacity in 2024, bringing its cumulative PV capacity to more than 29.5 GW, according to the Korean Energy Agency.
Australia’s rooftop solar market ends 2024 on high
Australia’s rooftop solar market finished 2024 on a high, with about 309 MW of monthly installations delivering one of the best December totals in recent years and putting the national trend back on the up.
GoodWe unveils hybrid inverters for homes with weak wireless service
GoodWe says its ES Uniq Series hybrid inverters suit on-grid and off-grid applications, offering a maximum efficiency of 97.6% and a European efficiency of 96.2%.
Taiwan to add 8.2 GW of solar, offshore wind by end of 2026
Taiwan’s Ministry of Economic Affairs (MoEA) has launched a wind and solar energy improvement plan in a bid to reach an existing target of 20 GW of deployed solar by the end of next year.
Solar accounts for 11.9% of Belgium’s 2024 electricity mix
Belgian electricity system operator Elia says solar was the leading source of renewable energy in Belgium’s electricity mix in 2024. Total solar energy generation in the country reached new highs last year, totaling 8.3 TWh.
Ukraine adds over 800 MW of solar in 2024
The Solar Energy Association of Ukraine says the country installed 800 MW to 850 MW of solar capacity in 2024, driven mainly by business and residential installations.
The fastest energy change in history continues
Solar and wind are being installed at a rate that is five times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
