On Nov. 6, the European Solar PV Industry Alliance (ESIA) published a recommendation paper in which it set out how its members envisage a European support scheme to foster the development of European solar. What chance does it have of actually achieving its goals? Götz Fischbeck delivers an assessment.
Masdar unveiled a 10 GW Africa Growth Plan for renewable investments in six Sub-Saharan Nations at COP28 in Dubai this week, in addition to signing four additional hydrogen deals.
Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
A consortium of financial institutions last week announced they co-invested $52 million to help finance the development of a 50 MW greenfield project in Sierra Leone titled Planet Solar spearheaded by Frontier Energy and Planet One Group.
A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.
The European Parliament and European Council yesterday provisionally agreed to phase out fossil-fuel boilers in the next two decades, among a raft of other infrastructure recommendations aiming to boost infrastructure energy efficiency. Europe’s peak body for heat pumps, the European Heat Pump Association (EHPA), welcomes the news.
The Solar Energy Industries Association (SEIA) and Wood Mackenzie predict that 33 GW of solar will likely be added in the United States in 2023. Despite economic challenges in the near future, solar is expected to be the largest source of generating capacity by 2050.