Solar Energy Market Research I Solar Industry Analysis & Reports

As environment modification remains to influence the world, there is an expanding passion in renewable resource resources. Among one of the most appealing renewable resource resources is solar power. It's crucial to recognize concerning these leading solar firms if you're questioning which supplies to get.

Many Arab countries, despite currently low to negligible renewable energy use, have set ambitious targets to increase their shares of renewables. Yet power-system planning is frequently constrained by cost implications and the lack of first-hand experience with renewables. Solar and wind power, particularly, present challenges for existing power systems due to resource variability.

Assurances against country-level risks are essential to make renewable energy investments bankable. Sovereign guarantees represent a government’s commitment to cover payments in case of default. Yet with this well-known instrument becoming harder to obtain, lesser-known risk mitigation alternatives can also be viable.

Large institutions such as investment banks, insurance companies, and pension funds are a vital source of capital for the transformation of the global energy system. Governments and the private sector need to work together to mobilise institutional capital for renewable energy investment.

Countries seeking to scale up renewables can draw on the bond market, including the growing range of securities dedicated to sustainable, environmentally beneficial, climate-safe project finance. Renewable energy has emerged as a major recipient of such green bond proceeds.

According to the data published by Chinese NEA, the People’s Republic installed 12 gigawatts of photovoltaic projects in December. However, the country also developed almost 41 gigawatts of carbon-emitting coal power generation capacity during 2019.

On a continent where 600 million people have no access to electricity, “The combination of solar and fintech is driving an economic transformation.”

Far from bringing the grid down, clean energy could help save it.

Renown think-tank Beyond Zero Emissions has published a new report looking directly at the near-future for fossil-fuel industry dependent towns and communities like Collie in WA. The report suggests that Collie has great hope for renewal, a hope founding on the state’s rapid transition to renewable energies.

The EIA is projecting that 17.4 GWdc of utility-scale solar power and 6.6 GWdc of small-scale solar will be installed in 2020. The 24 GW total is 60% greater than the 2016 record.

The Abu Dhabi Fund for Development (ADFD) finances innovative projects to expand sustainable energy access as part of a joint initiative with the International Renewable Energy Agency (IRENA). ADFD committed USD 350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles starting in 2013.