Green hydrogen and its water use problem
The climate crisis threatens water management and the water crisis in Montevideo, Uruguay, in 2023 illustrates the damage new industrial projects could cause if not thoroughly assessed. With green hydrogen projects gaining international prominence, it is vital they are properly planned.
Gas, CO2, Euro electricity market prices fall for second week
Prices in most European markets in the second week of December were lower than the previous week’s figures, according to AleaSoft Energy Forecasting. Less electricity demand, lower gas and CO2 futures prices, and increased solar energy production in most of the major European electricity markets caused the downward trend.
Unprecedented solar and storage growth on horizon with record installations and investments in U.S.
The Inflation Reduction Act and Bipartisan Infrastructure Law mark an epochal shift in the landscape of clean energy policy, heralding a new era for the solar and energy storage sectors in the U.S.
Bolivian wildfires, El Niño impact South American PV irradiance
In a new weekly update for pv magazine, Solcast, a DNV company, says that irradiance patterns across South America last month were impacted by moisture from El Niño, high pressure and the Andes – but smoke from Bolivian wildfires presented an “anomaly.”
China’s monocrystalline PERC cell prices extend losses while TOPCon cells hold steady
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.
PPAs offer protection
Europe is witnessing a surge in power purchase agreements (PPAs). Over the past four years, the number of European PPA transactions has trebled. More than 180 deals were signed in 2022 alone and the trend is expected to continue, especially for solar projects.
Solar LCOE may decrease by up to 20% in Europe by 2030
In its latest monthly column for pv magazine, the European Technology and Innovation Platform for Photovoltaics (ETIP PV) presents its levelized cost of electricity (LCOE) calculations for several European locations in period between 2023 and 2050. The organization forecasts that solar LCOE in Europe may fall by up to 50% by 2050.
Competition heats up
Oversupply is hitting some solar manufacturers hard but grid constraints and labor shortages are unlikely to hold the solar industry back in 2024.
December drop in gas, CO2, Euro electricity market prices
In the first week of December, prices in almost all electricity markets decreased compared to the previous week due to lower gas and CO2 prices, lower electricity demand and higher wind energy production, according to AleaSoft Energy Forecasting.
Empowering the Energy Transition: New IEA-PVPS Task 19 Sets the Stage for Global PV Grid Integration Collaboration
The new IEA-PVPS Task 19, succeeding Task 14, aims at fostering sustainable PV grid integration and invites experts from diverse countries, disciplines, and organizations to join its ambitious projects, with the aim of reshaping the future of electric power networks and positioning PV as a dominant force within evolving power systems.
