Global solar module prices mixed on differing demand outlook
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.
Global clean energy investment hit $2.1 trillion in 2024, says BNEF
BloombergNEF says in a new report that global clean energy investment reached $2.1 trillion in 2024, more than doubling 2020 levels. The United States led energy transition debt issuance, driving up investment 5% year on year to $206 billion.
How much can I expect to save by installing solar?
The average cost of an 11 kW rooftop solar installation after federal tax credits is $20,552 in the United States, said marketplace operator EnergySage. What will your utility-provided electricity cost over the next 25 years?
Idemitsu Kosan invests in agrivoltaics
Idemitsu Kosan says it plans to start building a 2 MW agrivoltaics facility in Japan later this year, following the successful conclusion of a 45 kW pilot project. The company has developed a proprietary agrivoltaics system based on tracker technology.
UK adds 1.2 GW of solar in 2024
Provisional figures from UK government record 1.2 GW of capacity additions during calendar year, bringing total capacity to 17.6 GW in official figures. Acceleration in deployment needed to hit UK government’s 2030 clean generation target.
Tesla’s 2024 energy storage revenue surpasses $10 billion
Records are tumbling for Tesla’s battery energy storage business with revenues growing 67% and deployments surging 114% year-on-year.
Corporate PPAs soar in Europe in 2024, despite decline in total deal volume
Pexapark, a Swiss renewables intelligence provider, says corporate power purchase agreements (PPAs) surged in Europe’s renewable energy market in 2024, despite a decline in overall contracted volumes.
India hits 850,000 rooftop PV installations under PM-Surya Ghar scheme
PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop PV initiative, aims to power 10 million households in India with solar power by March 2027.
Strategies for charging EVs with solar, boosting demand for solar power
A new study says that more solar power would be used to charge electric vehicles in the United States if inexpensive level-1 chargers were deployed at workplaces, and rate design favored daytime charging.
New aluminum-ion battery with unprecedented long cycle life
Researchers in China have reported a breakthrough in the development of aluminum-ion batteries. They have created a solid-state electrolyte that facilitates the smooth movement of aluminum ions, significantly improving battery performance and longevity.
