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Globe currently has 583.5 GW of functional PV
Worldwide grid-connected solar ability got to 580.1 GW at the end of 2019, together with 3.4 GW of offgrid PV, according to the International Renewable Energy Agency. Overall mounted renewables ability struck an exceptional 2,563.8 GW, with hydropower continuing to be the leading resource at 1,310.9 GW, complied with by wind at 622.7 GW.
Apr 6, 2020 // Markets & Finance News, IRENA, WORLD
Solar, wind and hydro power could soon surpass coal
Coal, long the king of America’s electric grid, will soon get toppled by renewable energy.
Nov 28, 2019 // Grids, Opinions, USA, Donald Trump, North America, coal, PJ Deschenes, Dennis Wamsted
South Africa's Eskom Program $7.2 B Investment in Wind & Solar
South African power utility Eskom Holdings SOC Ltd. is preparing to spend 106 billion rand, or $7.2 billion, in wind as well as solar energy by the end of the decade. Eskom, which makes up two-fifths of the nation's greenhouse gas outcome, may execute its strategy either individually or through a collaboration.
Aug 31, 2021 // Markets & Finance News, Africa, South Africa, Gwede Mantashe, Eskom Holdings SOC Ltd, Cyril Ramaphosa, Andre de Ruyter
Sustainable PPA prices rise 7.8% in reaction to Europe's growing energy crisis
Upward price stress continues for third consecutive quarter to the tune of 17.4% across the duration, compounded by snowballing energy crisis Italian P25 solar PPA prices rise virtually 21% in Q4, with Spain experiencing short-term cool off Regardless of challenges, developers and also buyers are still signing contracts, with non-standard agreement structures paving the way
Jan 13, 2022 // Markets & Finance News, Europe, Rob Collier, european PPA prices, fred carita, level 10 energy
Leading 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China
German research firm Bernreuter study has actually launched its most recent ranking of Polysilicon suppliers, and the prognosis for non-Chinese makers is not good.
May 17, 2021 // Manufacturing News, Markets & Finance News, Market Research, Tongwei, China, polysilicon, wacker chemie, Asia, Waaree Energies, bernreuter research
Georgia Power Boosts Plan for Renewables and Storage After Local Stakeholder Push
The Southern Company-owned utility’s larger-than-expected storage rollout points toward a big new market in the Southeast.
Jul 18, 2019 // Storage, clean energy, USA, storage, Wood Mackenzie Power & Renewables, ENERGY STORAGE, Georgia, RESOURCES, SOUTHERN COMPANY, UTILITY-SCALE SOLAR, FP&L's, Carolinas, Southern Alliance, Allen Reaves, Georgia Power, Europe, North America
National lithium-ion battery supply chains placed
Experts at Bloomberg New Energy Finance have actually quantified the impact of markets worldwide. The ranking products a photo of 25 nations and also provides a five-year overview.
Sep 17, 2020 // Markets & Finance News, Storage, USA, Japan, Canada, Sweden, France, Germany, UK, South Korea, China, Europe, Asia, North America, Finland, Bloomberg, Kwasi Ampofo, James Frith
Solar Powers 97% of New U.S. Energy Capacity
June 2024 marks a milestone: solar energy dominates U.S. power growth, capturing 97% of new capacity and propelling renewables to a bright future!
Aug 22, 2024 // Markets & Finance News, USA, North America
Genesis Energy Chooses Saft for Major Battery Project
Saft partners with Genesis Energy to revolutionize New Zealand's energy landscape, launching a powerful 100-MW battery storage project at Huntly Power Station by 2026.
Sep 23, 2024 // Storage, New Zealand, Oceania, Genesis Energy
Colombia Unveils $40 Billion Post-Oil Transition Strategy
Colombia's $40 billion investment plan signals a bold leap towards sustainability, prioritizing clean energy and biodiversity. Can international support fuel this transformative journey?
Sep 27, 2024 // Markets & Finance News, South america, Colombia
GIC Considers Sale of $5 Billion Greenko Stake
GIC mulls stake sale in Greenko Energy, valued at $5 billion, sparking interest from global investors in India’s booming clean energy market.
Oct 8, 2024 // Market Research, India, Asia, gic
Masdar, KESH Pursue Gigawatt Renewable Energy Projects
Masdar and KESH unite for a groundbreaking renewable energy venture in Albania, paving the way for sustainable power and regional energy exports. A green future begins!
Nov 14, 2024 // Plants, Large-Scale, Commercial, Masdar, KESH
Atlas Seals PPA for 128-MWp Colombian Solar
Atlas inks long-term PPA for 128‑MWp storage-ready solar in Colombia, jumpstarting build, cutting drought-year costs, delivering grid‑code daytime power amid hydropower swings—positioned for merchant, hedging, and future ancillary revenues.
Jan 26, 2026 // Plants, Large-Scale, Commercial, PPA, South america, Atlas Renewable Energy, Colombia, decarbonisation, utility solar
Solar becoming best option for West Africa's future power mix
The Economic Community of West African States must focus on the growth of solar PV to fulfill rising power need over the following 30 years, according to a freshly released research study.
Mar 31, 2020 // Residential, Markets & Finance News, Storage, Grids, Policy, Africa, ECOWAS, Benin
India poised for 'landmark year' for solar after 2020 installs diminish
COVID-19-induced project delays affected India's solar energy transition last year, but 2021 is still readied to be a "site year" for the source, according to new research.
Feb 22, 2021 // Market Research, UTILITY-SCALE SOLAR, India, JinkoSolar, Asia, rooftop solar, energy transition, Adani, Azure Power, JMK Research