In 2024, India added a record 24.5 GW of photovoltaic (PV) and 3.4 GW of wind capacity, a notable increase driven by government incentives, policy reforms, and substantial investments in domestic manufacturing of solar and wind turbines. Solar continued to dominate, contributing 47% of total installed renewable energy capacity. The installation of 18.5 GW of … Continue reading In 2024, India added a record 24.5 GW of photovoltaic solar capacity and 3.4 GW of wind power capacity
Continue readingTag Archives: photovoltaic
Photovoltaic energy continues to set records, but cold weather and CO2 prices make European electricity markets more expensive in the third week of January
In the third week of January, prices rose in most major European electricity markets, driven by lower wind energy production, increased demand due to colder temperatures and higher gas and CO2 prices. On January 17, CO2 futures reached the highest settlement price since late May. Solar photovoltaic energy production increased, setting all?time records for a … Continue reading Photovoltaic energy continues to set records, but cold weather and CO2 prices make European electricity markets more expensive in the third week of January
Continue reading
Top ten solar photovoltaic (PV) module manufacturers show resilience in H1 2024, Wood Mackenzie says
Despite facing significant challenges, including unprecedented price declines across solar modules and the silicon supply chain, the top ten solar PV manufacturers achieved an average utilisation rate of 66%, most surpassing 70%, as reported by Wood Mackenzie. The new global solar PV module manufacturer rankings report stated that these manufacturers have demonstrated remarkable resilience and … Continue reading Top ten solar photovoltaic (PV) module manufacturers show resilience in H1 2024, Wood Mackenzie says
Continue reading
China’s photovoltaic (PV), wind power installations soared to record in 2024
China broke its own records for new wind power and photovoltaic (PV) solar power installations again last year, official data showed on Tuesday, accelerating from a breakneck pace set in 2023 as the country looks to peak its carbon emissions before 2030.Installed photovoltaic (PV) and wind power capacity climbed 45.2% and 18%, respectively, in 2024, … Continue reading China’s photovoltaic (PV), wind power installations soared to record in 2024
Continue reading
Mexico to have Latin America’s largest photovoltaic plant with 1,000 MW
The largest photovoltaic solar energy plant in Latin America is being developed in Puerto Peñasco, Sonora, and is expected to have a significant impact on renewable energy generation in Mexico. This ambitious project, known as the Puerto Peñasco Photovoltaic Power Plant, is designed to generate 1,000 megawatts (MW) of electric power and will cover an … Continue reading Mexico to have Latin America’s largest photovoltaic plant with 1,000 MW
Continue reading
Plenitude signs agreement with EDP Renewables to acquire two photovoltaic plants and a storage facility in the United States
Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with EDP Renewables North America LLC (“EDPR NA”), to purchase a 49% equity stake in a portfolio of 2 operational photovoltaic plants and an electricity storage facility in construction located in the state of California, United States. The Sandrini 100 (100MWac … Continue reading Plenitude signs agreement with EDP Renewables to acquire two photovoltaic plants and a storage facility in the United States
Continue reading
Department of Energy announces $584.5 million loan to install solar photovoltaic (PV) energy and energy storage in Puerto Rico
The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of Convergent Energy and Power Inc. (Convergent), a leading provider of energy storage solutions in North America. The loan guarantee will finance a solar … Continue reading Department of Energy announces $584.5 million loan to install solar photovoltaic (PV) energy and energy storage in Puerto Rico
Continue reading
The global renewable energy market is booming, with China’s photovoltaic (PV) reaching record highs
To help relevant departments and PV stakeholders understand the true situation of industry development, Solarbe & Solarbe Consulting, after comprehensive research and repeated verification, have released the 2024 Annual Chinese PV module Enterprise Shipment Rankings for reference. Top-Solar-Module-Companies-for-2024-Solarbe-2Download The report covers 39 enterprises, a record high. Among them, there are leading players with shipments exceeding 70 GW and … Continue reading The global renewable energy market is booming, with China’s photovoltaic (PV) reaching record highs
Continue reading
MENA region’s photovoltaic (PV) solar energy capacity to exceed 180 GW by 2030
There was substantial growth in the MENA region’s solar photovoltaic market in. 2024, according to the latest report from MESIA. The association’s “Solar Outlook Report 2025” provides an overview of the trends, innovations, technical advancements, challenges and opportunities of the region’s solar landscape. It projects that MENA’s photovoltaic solar capacity hit 24 GW (AC) in … Continue reading MENA region’s photovoltaic (PV) solar energy capacity to exceed 180 GW by 2030
Continue reading
Africa’s photovoltaic (PV) capacity increased by 2.5 GW in 2024, reaching a total of 19.2 GWp
Last year, in 2024, Africa added 2.5 GWp of new solar photovoltaic (PV) capacity, reaching a total of 19.2 GWp across the continent, according to the African Solar Industry Association (AFSIA) “African Solar Outlook” report. AFSIA’s figures, which do not include residential installations, take the continent’s combined solar capacity to 19.2 GW. It said the … Continue reading Africa’s photovoltaic (PV) capacity increased by 2.5 GW in 2024, reaching a total of 19.2 GWp
Continue reading
Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future
UNEF and APREN organize the joint conference “Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future” The Spanish Photovoltaic Union (UNEF) and the Portuguese Association of Renewable Energies (APREN), organize, on January 22 in Badajoz, the meeting “Agrovoltaics in the Iberian Peninsula: innovation for a sustainable future”. This Iberian initiative, which will take place … Continue reading Agrovoltaics in the Iberian Peninsula: Innovation for a Sustainable Future
Continue reading
Tunisia launches tender to acquire 200 MW of solar photovoltaic (PV) capacity
The Tunisian Ministry of Industry, Mines and Energy has launched a tender for the development of 200 MW of solar photovoltaic (PV) capacity on a concession basis in Tunisia. The two projects tendered will have a capacity of up to 100 MW each. However, their location has not yet been revealed. Interested parties can apply … Continue reading Tunisia launches tender to acquire 200 MW of solar photovoltaic (PV) capacity
Continue reading
Solar photovoltaic: predictions for 2025
Tras años de crecimiento exponencial de la instalación de energía solar a nivel mundial, ¿podrían la incertidumbre política, las medidas proteccionistas y los cuellos de botella en la interconexión y la transmisión frenar esa tendencia en 2025? Lea nuestra opinión sobre los temas clave para el año que viene. The global solar market continued its … Continue reading Solar photovoltaic: predictions for 2025
Continue reading
Photovoltaic solar power projects drive ecological restoration in north China’s deserts
Deep in the Kubuqi desert in north China’s Inner Mongolia Autonomous Region, rows of blue solar panels glisten under the winter sun, converting sunlight into electricity that flows into thousands of households. Beneath the panels, different types of shrubs stand tall despite their dormant yellowed leaves, shielding the land from wind and sand. “By the … Continue reading Photovoltaic solar power projects drive ecological restoration in north China’s deserts
Continue reading
Recent data from the International Energy Agency, the World Nuclear Association and Ember showed that solar power was deployed 100 times faster than nuclear power around the world in 2024 – and “five times faster than everything else combined” (hydro, coal, gas, nuclear and others), according to a new report by PV Mag. Net new … Continue reading
Continue reading
Mexico plans to eliminate the dirtiest energy and switch to solar photovoltaic, wind power and hydroelectric power
With priority given to the combined cycle (gas) which is equivalent to 58.9 percent of electricity generation for 2024-2030, the Mexico Plan contemplates increasing the generation of clean energy from 22.5 percent in 2024 to 37.8 percent in 2030, as well as eliminating the use of coal. The Government of Claudia Sheinbaum Pardo detailed in … Continue reading Mexico plans to eliminate the dirtiest energy and switch to solar photovoltaic, wind power and hydroelectric power
Continue reading
Iberdrola collects the first honey harvest from its photovoltaic plants in Portugal
Iberdrola has harvested its first crop of solar honey in Portugal, produced at the Conde (municipality of Palmela) and Algeruz II (municipality of Setúbal) photovoltaic plants. The initiative, which began in 2023, has borne its first fruits with 300 kilos of this 100 % natural food. As part of the Convive Plan, the project seeks … Continue reading Iberdrola collects the first honey harvest from its photovoltaic plants in Portugal
Continue reading
First Cohort of Solar Energy Innovators Awarded in Solar Prize Round 8
After competing in the Ready! Contest in the American-Made Solar Prize Round 8, 20 new innovators are now on their way to advancing technologies that can support the solar industry’s growth and adoption. These semifinalist teams each won $50,000 to further their innovations in the second phase of the prize. The U.S. Department of Energy … Continue reading First Cohort of Solar Energy Innovators Awarded in Solar Prize Round 8
Continue reading
Floating photovoltaic (PV) could support US energy goals
Federal reservoirs could help meet the country’s solar energy needs, according to a new study published in Solar Energy. For the study, Evan Rosenlieb and Marie Rivers, geospatial scientists at the U.S. Department of Energy National Renewable Energy Laboratory (NREL), as well as Aaron Levine, a senior legal and regulatory analyst at NREL, quantified for … Continue reading Floating photovoltaic (PV) could support US energy goals
Continue reading
Naturgy commissions three new photovoltaic (PV) plants in Extremadura with 150 MW
The three new photovoltaic plants have a combined capacity of 150 MW and have required an investment of 70 million euros. Their estimated production will be 315 GWh/year, which will represent 46% of Naturgy’s current annual production in Extremadura, avoiding the emission of more than 150,000 tons of CO2 into the atmosphere. Naturgy has commissioned … Continue reading Naturgy commissions three new photovoltaic (PV) plants in Extremadura with 150 MW
Continue reading