Solar PV

Chinese li-ion battery manufacturer CATL has delivered a 100 MWh battery storage system to the country’s largest mixed renewables plant, which features 400 MW of wind energy, 200 MW of PV and 50 MW of concentrating solar.

The 2018 figures for the Guarantee of Origin (GO) certificate market show a marked growth in clean energy demand in Europe. Demand surpassed 500 TWh, while GO prices reached record levels. Solar GO, however, saw a slight fall.

As renewable energy subsidies slowly evaporate, managing risks and securing revenue streams is becoming increasingly complex for investors. Pexapark is looking to address this helping companies transact PPAs and manage energy sales.

The leading trio – China, the United States and India – will comprise 70% of the projected 552 GW of solar capacity, which will be added between end-2017 and 2027, finds Fitch Solutions, which has revised down its original forecast for solar capacity growth in China. The curbed growth in China, due to subsidy cuts and restricted access to the United States and India, is expected to squeeze domestic solar equipment manufacturers, but also lead to access to cheaper solar panels in other smaller markets.

According to a study conducted by Massachusetts Institute of Technology, companies that use data-driven decision-making are 5% more productive and profitable than their competitors. Jean-Yves Bellet, cofounder and VP-CTO of QOS Energy asks,“Can we apply the results of this study to solar PV operations and maintenance?” Today, solar plant owners expect to generate value from their data using real-time decision-making tools, analytics, and machine learning models.

Solar battery systems should maintain power supply when the grid goes down. Right? Well, it’s not always that simple. A recent pv magazine Australia webinar, hosted in partnership with SMA, was looking into different homeowner needs and ways to install an emergency power or ‘full home backup’ system. Here are the answers to some of the webinar attendee’s questions.

Renewable energy sources, notably solar and wind, are reaching price and performance parity on and off the grid, shows a report from accountancy firm Deloitte, highlighting seven trends that are driving this transformation.

As mining companies become more aware of the rapidly falling costs of renewables, wind and solar are set become a growing trend in powering mining operations worldwide over the coming years, shows a new report from Fitch Solutions. On the back of carbon pricing schemes, countries and companies operating in the Americas are best positioned to lead the way in the adoption of renewables in mining.

An Africa power sector scorecard shows that solar will make inroads into the African energy sector over the next two years, accounting for 9% of new capacity additions, as renewables uptake across the continent continues to grow.

A BloombergNEF analysis states that global wind and solar PV installations have reached a trillion watts, for the first time. While this milestone took the industry 40 years, the second trillion watts are expected to be installed in five years, in 2023, with the help of storage. The investment costs required to install one trillion watts are also expected to half.