News

Australia's 2022-23 Federal Budget has actually "missed the mark" when it concerns sustaining the energy transition and also has actually disregarded financial investment in transmission facilities over investing in fossil fuels at a critical joint in Australia's decarbonisation journey, claimed the Clean Energy Council (CEC).

Solar as well as wind power got to a record 10% of global electricity in 2021. That milestone has actually now been reached by 50 nations across the world consisting of all 5 of the world's biggest economies, although power sector emissions have reached an all-time high, according to energy thinktank Ember.

Operational solar PV capacity need to reach 5.2 TW by the end of the decade in order to meet the 1.5 ° C Paris climate goal, according the International Renewable Energy Agency (IRENA) most current World Energy Transition Outlook.

European solar developers hit by increasing module prices are scrapping tariffs secured in auctions and are instead wanting to sign power purchase agreements (PPA), according to a speaker at today's Large Scale Solar event.

Solar maker Tongwei is forecasting for a six-fold rise in net profit for Q1 2022, highlighting the effect prices spikes are having on upstream supplier fortunes.

So far, solar cells based on polycrystalline cadmium selenide telluride (CdSeTe) have actually shown some crucial constraints, despite their low construction costs as well as useful qualities. Most notably, these solar cells display higher voltage losses than other mature photovoltaic or pv innovations (crystalline silicon, for example) as well as this considerably hinders their efficiency and also performance.

Triodos Bank UK is introducing a ₤ 4.7 million community renewable resource bond deal through its crowdfunding system for Empower Community Foundation, which owns 2 solar farms.

Tesseract Holdings purchase of Greco makes up two assets completing 100MWp

Parks with 48MW capacity will be the first for the Spanish PV developer

Spanish oil and gas firm claims the project pipeline will be devoted for its very own use

Assembly Solar 3 center in Shiawassee County was finished with partner Ranger Power

The eco-friendly organisation declared the Department of Commerce choice will 'upend' the sector

A draft file by the Electricity System Operator says that Bulgaria can add 5.9 GW of power by 2031 out of which 4.9 GW can be from eco-friendly sources of energy. ESO states that power export in wintertimes will not be possible and also possibilities in summers will certainly depend upon hydropower result.

Woodside Petroleum will fund the building and construction of a 5MWe CSP technology demonstration plant in Mojave Desert to be build by Heliogen. Both the business will market the technology in Australia as well as possibly in the US also.

Portugal will certainly stop calling for environmental effect evaluations for new solar projects with a capacity of under 50MW as part of federal government efforts to accelerate PV deployment.