840 million people still don’t have access to electricity today, according to the World Bank. But the radical decrease in the cost of the green technologies of solar and battery storage provides an unparalleled opportunity to close this gap and achieve universal electricity access by 2030.
Spanish law firm Rödl & Partner provides an update on distressed solar power purchase agreements (PPAs) in Spain, focusing on the impact, and economic and legal consequences, of the Covid-19 pandemic.
Despite the supply and demand challenges that PV faced in 2020, the U.S. solar market had its largest installation year to date, writes IHS Markit’s Maria Chea. More than 22 GW of PV installations were completed last year, with utility-scale projects representing 77% of that volume. A renewables-friendly administration, an extended ITC schedule, increasingly competitive pricing, and a massive late-stage project pipeline will drive strong growth for the United States in 2021.
Commercial & Industrial (C&I) solar PV users consume a significant amount of energy in the MENA region. In these markets, the residential sector accounts for 41% of the total power demand, followed by the industrial and commercial sectors at 21% and 20%, respectively. The remaining 18% represents other sectors, such as agriculture and transport, as well as network losses.
For investment portfolios and for the entire renewables sector, diversity matters. A new independent study shows that by complementing Ireland’s onshore wind sector with greater volumes of large-scale solar, emissions are lower, curtailment decreases, and society potentially gains economically, to the tune of €21 per citizen. Conall Bolger, CEO of the Irish Solar Energy Association, reports on the power of daytime production.
When looking at European Union renewable energy statistics, the Netherlands was, and still is in many ways, the laughingstock of Europe. But in recent years the country has come to rank near the top in solar deployments. In 2021 this small nation may even surpass neighboring Germany with new installed capacity. Rolf Heynen, the CEO of Dutch New Energy Research, takes a look at what is going on.
The United Arab Emirates (UAE) is the world’s sixth largest oil producer and the third-richest country in the world with a GDP per capita of US$57,744. Currently, it is petroleum and natural gas reliant; however, Economy with Vision 2021 is committed to establishing a green economy for sustainable development there, which includes a strong digitalization strategy.
The solar market is expected to grow in 2021, following a year of pandemic-driven supply chain disruptions, exacerbated by explosions at polysilicon plants. PV InfoLink estimates almost 154 GW of module demand in 2021, up by 10% on 2020. Analyst Amy Fang examines the key market trends for the first quarter.
The US Solar Energy Industry Association in late 2020 launched a campaign against forced labor and said it was “strongly encouraging” member companies to adjust their supply chains by June. Here is what will likely happen.
On Dec. 10, European Internal Market and Environment Commissioners Thierry Breton and Virginijus Sinkevičius, in conjunction with Vice President Maroš Šefčovič, announced a keenly anticipated piece of legislation: the commission’s proposal for modernized EU battery rules. Pia Alina Lange – head of communications for Recharge, the European battery industry association – says that while there are potential pitfalls with the new regulation, it could pave the way to sustainable industry development.
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