Tag Archive for: solar

Clean energy is often now the least expensive. The IEA projected that more than 440GW of renewable energy would be added in 2023.

The year in clean energy: Wind, solar and batteries grow despite economic challenges

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects.

Clean energy is often now the least expensive, explaining some of the growth. Nations also adopted policies that support renewables, some citing energy security concerns, according to the International Energy Agency. These factors countered high interest rates and persistent challenges in getting materials and components in many places.

The IEA projected that more than 440 gigawatts of renewable energy would be added in 2023, more than the entire installed power capacity of Germany and Spain together.

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Source: San Diego Union-Tribune

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A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity.

Solar LCOE now 29% lower than any fossil fuel option, says EY

EY said in its latest energy and resources report that 86%, or 187 GW, of newly commissioned renewable energy resources generated electricity at a cost lower than the average cost of fossil fuel generation in 2022.

Solar is the cheapest new-build electricity in many markets, even amid inflation and price rises, said EY, noting that the global weighted average LCOE for solar is now 29% lower than the cheapest fossil fuel alternative. Large-scale energy storage is also quickly becoming more cost-competitive and sophisticated, it said.

Solar has rapidly fallen in average LCOE globally, from more than $400/MWh in the early 2010s to about $49/MWh in 2022, down 88%. Wind power LCOE has fallen roughly 60% over the same period.

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Source: PV Magazine

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The use of modern technology in pv modules has made solar trackers indispensable, ensuring optimal energy output regardless of geographic location.

Solar potential of tough terrain

Solar tracker adoption has picked up significantly in Indian PV installations. What are the key growth drivers?

Solar trackers help in optimizing and increasing energy production while reducing costs. Single-axis solar trackers generate up to 20% more energy than projects which use fixed-tilt systems that do not track the sun’s movement depending on site conditions. 

The use of modern technology in photovoltaic modules has made solar trackers indispensable, ensuring optimal energy output regardless of geographic location. Bifacial adoption is encouraging. Due to improved tracker design efficiencies, there is an upward trend for adopting solar trackers combined with bifacial module technology in India.

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Source: PV Magazine

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The CPUC voted to approve a ‘proposed decision’ changing the state’s VNEM scheme for multiple-meter properties and small businesses.

“The only winners here are big utilities” – Solar industry reacts to CPUC VNEM changes

The California Public Utilities Commission yesterday (16th November) voted to approve a ‘proposed decision’ changing the state’s virtual net energy metering (VNEM) scheme for multiple-meter properties and small businesses like schools, farms, apartment blocks and shopping centres.

The now-approved VNEM proposal reduces the compensation paid to building owners and tenants for excess power produced by a rooftop solar system, by requiring them to buy their own electricity back from the grid at retail prices set by utility companies.

Ahead of the vote, the CPUC proposal was changed to allow net metering for multi-meter residential properties like apartment blocks. However, communal areas like EV charging stations, hallways and gyms are exempt, which raises questions over the financial incentives for building owners to install solar.

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Source: PV Tech

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Poland boasted 18GW of solar PV projects with grid connection approvals issued as of the end of the third quarter of 2023

Poland’s solar capacity reaches 18GW as of Q3 2023

Poland boasted 18GW of solar PV projects with grid connection approvals issued as of the end of the third quarter of 2023, according to Polish research group Institute for Renewable Energy (IEO).

IEO said there were a total of 6,929 projects that had obtained grid connection approvals by Q3 this year. Compared to the previous database with information at the end of Q1 2023, there was a 41% increase in the number of projects and a 46% increase in the total capacity.

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Source: PV Tech

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During the third quarter of 2023, renewables have installed a record 5.5GW of utility-scale renewable capacity, led by solar, according to ACP

Solar led record Q3 renewables installations in the US with 3.1GW

During the third quarter of 2023, renewables have installed a record 5.5GW of utility-scale renewable capacity, led by solar, according to American Clean Power Association (ACP).

In its Clean Power Quarterly Market Report, ACP highlights that it is the strongest Q3 to date, which is up 13% over the same period in 2022. Solar continues to lead utility-scale installations with 3.1GW in the quarter, up from the 2.7GW added in the previous quarter and outpacing installations in 2022, while slightly behind numbers in 2021.

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Source: PV Tech

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Ahead of the vote in December, many figures in the solar industry vehemently opposed the proposal to alter the VNEM in California.

Education and health bodies in California warn against VNEM changes – “We all lose”

A coalition of School Board representatives, healthcare advocates and “climate leaders” in the North Bay area of California has spoken out against the California Public Utilities Commission’s (CPUC) proposal to alter the virtual net energy metering scheme (VNEM) in the state.

Ahead of the CPUC vote on the VNEM proposal, due to take place later today (2nd November), healthcare and education representatives alongside state assembly representatives have said that the proposed changes would “make it unaffordable for North Bay non-profit community health centers, schools, apartments, farms and businesses to go solar.”

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Source: PV Tech

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The CPUC is expected to release an amended proposed decision regulating how solar is used and credited on multimeter properties.

California regulators expected to release amended “Virtual Net Metering” proposal next week

The California Public Utilities Commission (CPUC) is expected to release an amended proposed decision regulating how solar is used and credited on multimeter properties. The CPUC’s previous proposal would have made solar unaffordable for California schools, farms, apartment renters and small businesses.

The amended proposal is anticipated on Monday or Tuesday of next week. A vote by the CPUC on the proposal, originally slated for late September, is currently scheduled for Thursday, October 12.

At issue are proposed changes to the Virtual Net Energy Metering (VNEM) and Net Energy Metering Aggregation (NEMA) programs. The programs let properties with multiple electric meters install a single solar system for the entire property, sharing one solar system’s electricity and net-metering credits with all customers and meters on that property. This brings the benefits of going solar to many types of consumers who otherwise would not benefit from Net Energy Metering (NEM), the program that makes solar more affordable by crediting consumers with solar systems for the excess energy they produce and share back with the energy grid.

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Source: Solar Power World

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This week, the US Energy Information Administration published its latest monthly report on the country’s energy mix.

PV Data: sustained growth in US solar capacity

This week, the US Energy Information Administration (EIA), the government body that publishes data on the state of the US power sector, published its latest monthly report on the country’s energy mix. Critically, this month’s data covers the US energy sector up to and including June this year, providing information on power in the first half of the year, and offering ample opportunities to compare the US’ energy performance to other halves and quarters in recent US history.

Many of the takeaways are relatively straightforward, with the US on track for record-breaking levels of electricity generation across the power sectors. In the first half of this year, the US produced 50.3 quadrillion British thermal units (BTU), the most in the first half of a year in history, and putting the US on pace to produce over 100qBTU this year, should it maintain the current levels of production for the remainder of the year, which would be a record figure.

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Source: PV Tech

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Sesame Solar and Watergen's collaboration provides a source of safe, clean water for both drinking and renewable energy production.

Sesame Solar and Watergen partner on mobile nanogrids that provide power and drinking water

Two kinds of technology are coming together to create renewable energy and drinking water for use in everything from emergencies to entertainment.

Sesame Solar out of Jackson, Michigan, makes mobile nanogrids that generate off-grid power within 15 minutes using solar, green hydrogen and battery storage.

The nanogrids consist of a retractable solar array that charges a battery system to produce green hydrogen via electrolyzers. The hydrogen system needs deionized water to run, which Sesame keeps on hand during deployments.

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Source: Forbes

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