In the dynamic world of solar energy, 2023 proved to be a noteworthy year for the top solar module manufacturers. The recently unveiled shipment rankings shed light on the achievements of 32 companies, showcasing their strengths and strategies in the evolving solar industry. Stability at the Top The Top 4 and Top 5-9 lists remained … Continue reading Top solar photovoltaic module companies in 2023
Continue readingMonthly Archives: January 2024
A year of European power: 2023 in review
In 2023, Europe’s power market stabilized with a milder winter and successful demand reduction measures, while geopolitical events and gas supply restructuring influenced dynamics. Decreased power demand, a drop in commodity prices, and increased renewables contributed to a more resilient market, though challenges persisted with low and negative power prices during abnormal weather periods. In … Continue reading A year of European power: 2023 in review
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Iberdrola and Norges Bank Investment Management double their alliance, with more than €2 billion renewable energy investment planned in Spain and Portugal
Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are to double their clean energy investment alliance, adding 1,300 MW of additional renewable energy capacity to unlock more than €2 billion joint investment over the next three years. As of today, 674 MW of wind and solar has been added to … Continue reading Iberdrola and Norges Bank Investment Management double their alliance, with more than €2 billion renewable energy investment planned in Spain and Portugal
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2024 Solar Photovoltaic Market and Supply Chain: Six Key Predictions
In the unfolding landscape of the solar industry for 2024, a series of predictions has been put forth by Solarbe. These forecasts come on the heels of their 2023 predictions, which saw some validations, like an over 20% share for n-type solar cells, and the dip in silicon prices below CNY 80/kg. However, others were … Continue reading 2024 Solar Photovoltaic Market and Supply Chain: Six Key Predictions
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OX2 and Ingka Investments apply for permit to construct the offshore wind energy hub Neptunus
OX2 and Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct the offshore energy hub Neptunus off the coast of Blekinge, in the south of Sweden. The energy hub Neptunus is planned to comprise up … Continue reading OX2 and Ingka Investments apply for permit to construct the offshore wind energy hub Neptunus
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Solar photovoltaic and wind energy production in the second week of January
Demand and prices in European electricity markets rise due to low temperatures. In the second week of January, most European electricity markets registered an increase in prices compared to the previous week. The increase in demand after the beginning of the year, in a week with colder temperatures than the first week of the year, … Continue reading Solar photovoltaic and wind energy production in the second week of January
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Nordex achieves order intake of 7.4 GW of wind power in 2023
Nordex increased its order intake for 2023 by 16 percent to a total of 7.4 gigawatts (GW) with 1,270 wind turbines (previous year: 6.3 GW with 1,235 wind turbines). Order entry in the fourth quarter of 2023The fourth quarter represented 420 wind turbines (Q4 2022: 386) with a total power of 2.5 GW (Q4 2022: … Continue reading Nordex achieves order intake of 7.4 GW of wind power in 2023
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Vestas presents low-emission steel offering for wind turbines
Recognizing the environmental impact of steel and iron components, Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering that significantly reduces carbon dioxide emissions over the lifetime of wind turbine tower production. This is yet another initiative as Vestas continues to execute its sustainability strategy, which also includes addressing the materials … Continue reading Vestas presents low-emission steel offering for wind turbines
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Türkiye’s largest wind power plant to add battery storage
Aiming to lower balancing costs, Polat Enerji said it would integrate an energy storage system into its wind farm Soma, the largest in Turkey. It will be the first grid-scale battery facility in the country. Since giving priority in 2022 to wind and solar power projects that include energy storage with a matching capacity, Turkey … Continue reading Türkiye’s largest wind power plant to add battery storage
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Ingeteam reinforces its commitment to environmental transparency with the calculation of the carbon footprint for its photovoltaic and battery inverters.
Ingeteam’s commitment to environmental transparency in the development of its products is reinforced by quantifying their environmental impact. Along these lines, Ingeteam and Grunver Sustainability have worked on the process of compiling life cycle data for the C Series central inverter for large photovoltaic and battery plants, and also for its hybrid inverter aimed at … Continue reading Ingeteam reinforces its commitment to environmental transparency with the calculation of the carbon footprint for its photovoltaic and battery inverters.
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China’s Qinghai has ocean of solar power, but no storage
Tibetan plateau in western province faces electricity supply-demand imbalance High on the Tibetan Plateau in western China’s Qinghai province, a sea of solar panels stretches out across 345 sq. kilometers, making it the world’s largest photovoltaic power park. With another nearly 265 sq. kilometers of new panels set to be installed, the state-owned solar park in … Continue reading China’s Qinghai has ocean of solar power, but no storage
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Union of manufacturers will standardize 700 W photovoltaic modules
The main Chinese manufacturers reached an agreement to standardize the dimensions of photovoltaic modules up to 2,382 mm long and 1,134 mm wide. This move aimed to optimize logistics, reduce costs and the design of the facility modules. Trina Solar took the first step towards the race for 700 W modules, using TOPCon technology and … Continue reading Union of manufacturers will standardize 700 W photovoltaic modules
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ScottishPower unveils £5.4bn worth of contract opportunities as it turbo charges its next phase of electricity network investment
The early new year boost for the supply chain by its SP Energy Networks business is the company’s biggest issued contract opportunity ever and will see major investment in green energy infrastructure and green jobs which will bolster the grid for decades to come. With electricity demand forecast to double in the next 10 years, … Continue reading ScottishPower unveils £5.4bn worth of contract opportunities as it turbo charges its next phase of electricity network investment
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Nordex scores high in Germany wind power by 2023 in orders and auction rounds
The German market developed very successfully for Nordex in 2023 in terms of wind turbine order intake and the results of the onshore wind auction rounds. It is increasingly clear that government measures to accelerate the expansion of onshore wind energy are beginning to have a positive impact and that Nordex has the wind turbine … Continue reading Nordex scores high in Germany wind power by 2023 in orders and auction rounds
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How did the photovoltaic sector performed in 2023?
2023 marks another record year for solar PV in the EU, with 55.9 GW installed across the 27 Member States, showing a 40% growth from 2022 and a doubling of the market in just two years. This is the third year in a row that the EU market breaks its previous record, as well as … Continue reading How did the photovoltaic sector performed in 2023?
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China promotes expansion of wind and photovoltaic capacity: IEA
China had a key role to play in the world’s rapid expansion of renewable power generation capacity last year, the International Energy Agency said.It more than doubled solar photovoltaic capacity last year, and wind power capacity rose by 66 per cent YoY. Almost half of China’s electricity generation will come from renewable sources by 2028, … Continue reading China promotes expansion of wind and photovoltaic capacity: IEA
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South Africa’s big plan to end load shedding is seriously flawed
South Africa experienced unprecedented electricity shortages in 2023 as ageing coal plants became increasingly prone to breakdowns. The country urgently needs to develop new electricity generation facilities and reduce reliance on coal power. In the first week of 2024, the South African energy minister, Gwede Mantashe, released a proposed roadmap for the future of electricity in South … Continue reading South Africa’s big plan to end load shedding is seriously flawed
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Top solar manufacturers of 2023: Module shipment rankings for Q1-Q3
Entering the third quarter, the solar industry experiences fluctuations in prices along the supply chain, influencing the bidding dynamics. Despite the challenges posed by inventory management and supply-demand imbalances, leading PV module manufacturers continue to dominate the landscape, showcasing their prowess in securing tenders and influencing market trends. Notable companies such as JinkoSolar, LONGi, and … Continue reading Top solar manufacturers of 2023: Module shipment rankings for Q1-Q3
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Nuclear energy remains far behind photovoltaics and wind in China
Once again, China’s nuclear program barely added any capacity, only 1.2 GW, while wind and solar between them added about 278 GW. Even with the capacity factor difference, the nuclear additions only mean about 7 TWh of new low carbon generation per year, while wind and solar between them will contributed about 427 TWh annually, … Continue reading Nuclear energy remains far behind photovoltaics and wind in China
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Wind power in Argentina, the wind turbines of the new YPF Luz wind farm arrive
The components of the wind turbines of the new YPF Luz wind farm, the fourth of the national company, began to arrive in the Córdoba town of General Levalle. Transport will be carried out until mid-May, with new arrivals each week, using large specialized trucks traveling at reduced speed. This logistics does not involve road … Continue reading Wind power in Argentina, the wind turbines of the new YPF Luz wind farm arrive
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