Solar Energy Market Research I Solar Industry Analysis & Reports

Solar projects are greater than two times as expensive as those in comparable arising market countries, says IEA

Solar module prices for global markets are anticipated to fall in tandem with anticipated polysilicon price decreases as of 2023, according to research from Clean Energy Associates (CEA).

Analysis highlights 784MW of projects were refused between January and July 2021

The cost of new-build onshore wind has actually risen 7% year on year, as well as fixed-axis solar has leapt 14%, according to the current evaluation by study company BloombergNEF (BNEF). The worldwide benchmark levelized cost of power, or LCOE, has actually temporarily pulled away to where it was in 2019. Cost rises are connected to rises in the cost of materials, freight, fuel as well as labor.

Global investment in renewable energy amounted to $226 billion in the first half of 2022, establishing a new record for the initial 6 months of a year.

Bitcoin might be a considerable energy customer in 2040, yet only if its rate gets to several million dollars, according to new estimates by Arcane Research.

GoodWe was noted as one of the leading 3 hybrid inverter suppliers internationally in 2021, taking about 13% worldwide market share according to data released by Wood Mackenzie, the globe's leading authority on power research. Considering that its facility in 2010, GoodWe informed that they have actually been continually concentrating on PV inverters and energy storage remedies and have actually gained an affordable foothold in the industry.

The United States could exceed 50GW of solar manufacturing capacity by the end of this years with the right application of motivations included in the nation's recently passed Inflation Reduction Act (IRA).

The European Union (EU) has made clean hydrogen a pillar of both its net-zero target for 2050 and its near-term initiatives to get off Russian gas.

Solar energy acquisition agreements (PPA) in the UK climbed 18.4% throughout Q2 and surpassing ₤ 60/MWh, yet less than the 24% rise of wind rates.

IFC is functioning as a lead deal advisor to the federal government for a tender for 3 project sites

Flint Mine project in upstate New York has a 20-year arrangement for Renewable Energy Credits with NYSERDA

With 1.3 gigawatts (GW) of operating and also near operational capacity as well as an added 1.2 GW projects for near-term building and construction, Continuum is well placed to tap into climbing need for RE.