The Days Of Cheap Solar Are Fading Fast
Spot prices for polysilicon bottomed at $6.30/kg in mid-2020 and have jumped 600% to $36.09/kg as of last week Bank of America: Perhaps the cost of polysilicon and ultimately solar Continue Reading
Why Chevron And Exxon Shun Solar And Wind
The world’s largest oil companies are under growing pressure from shareholders and society to reduce emissions and show efforts to fight the worst effects of climate change. Everyone in the Continue Reading
Solar industry demand raises temperature in silicon market
An unexpected surge in demand for silicon, mainly from the solar energy industries in China, Europe, and the United States, has lead to large deficits and fuelled a price rally Continue Reading
The U.S. Is Set To Break Another Solar Record Despite Rising Costs
New solar power capacity additions in the United States are on track to book a record year despite supply chain disruptions that have seen price spikes that have effectively put Continue Reading
U.S. solar on track for record year despite climbing costs – report
New U.S. solar installations soared 45% in the second quarter and are on track for a record year despite a supply chain squeeze that has increased the cost of both Continue Reading
The Solar Boom Has A Supply Chain Problem
Grid parity, resilient networks and strategic partnerships have spurred growth in the world’s solar panel manufacturing capacity in recent years, to 330 gigawatts (GW) in mid-2021. A Rystad Energy analysis Continue Reading
SunDrive Solar Startup Beats China’s Giant Manufacturers in Efficiency Test
About seven years ago, Vince Allen barged into the garage he shared with some flatmates in a Sydney suburb and set about trying to shake up the solar industry. He Continue Reading
Biden solar energy goals may depend on Ohio factory
On the outskirts of Toledo, a short drive from Interstate 90, thousands of glass panels rumble along assembly lines at a factory that will help determine whether the Biden administration Continue Reading
Report: Solar could power 40% of US electricity by 2035
Solar energy has the potential to supply up to 40% of the nation’s electricity within 15 years — a 10-fold increase over current solar output, but one that would require Continue Reading
EU wind, solar peak at 123 GW helping to ease record spot power prices
Wind and solar power generation across EU markets peaked at 123 GW Aug. 17 amid a spell in the wind that helped ease record spot power prices, grid operator data Continue Reading
Solar could be 40% of U.S. power by 2035 -Biden administration
Solar could supply more than 40% of the nation’s electricity by 2035 – up from 3% today – if Congress adopts policies like tax credits for renewable energy projects and Continue Reading
Massive California Solar Project Faces Strong Opposition
Local residents, ranchers, and farmers are opposing plans for the largest solar power facility in the San Francisco Bay Area, suing the county that approved the project and potentially opening Continue Reading
Singapore unveils one of the world’s biggest floating solar panel farms
Singapore unveiled on Wednesday one of the world’s largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island’s five Continue Reading
Middle East adding solar capacity despite some delays, rising polysilicon costs
The Middle East is moving ahead with solar projects, seeking to pass on soaring polysilicon costs, even as some plans have been delayed due to the pandemic, the region’s solar Continue Reading
More Power Lines or Rooftop Solar Panels: The Fight Over Energy’s Future
The president and energy companies want new transmission lines to carry electricity from large solar and wind farms. Some environmentalists and homeowners are pushing for smaller, more local systems. The Continue Reading
Large-Scale U.S. Solar Growth to Top Wind for First Time in 2022
Growth in large-scale U.S. solar capacity is projected to exceed that of wind next year for the first time. That’s according to a report Wednesday from the U.S. Energy Information Continue Reading
Is It Time For The Solar Industry To Look In The Mirror?
Silicon panels pretty much rule the solar energy sector, with more than 90% of panels manufactured using the versatile element. This is not by chance; Si PV cells are cheap, Continue Reading
U.S. says ban on Chinese firm’s solar products will not slow clean energy progress
The Biden administration said Thursday it banned U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co (603260.SS) , but stopped short of imposing a ban Continue Reading
Solar industry ties to China’s Xinjiang region raise forced labor concernst
At a silicon factory in China’s northwestern desert, Uyghur workers man electric furnaces that reach more than 2,000 degrees. Those with college degrees can earn about $600 a month running Continue Reading
‘Insanely cheap energy’: how solar power continues to shock the world
In the year 2000, the International Energy Agency made a prediction that would come back to haunt it: by 2020, the world would have installed a grand total of 18 Continue Reading
Soaring Solar Costs Could Slow The Renewable Boom
This year looked like it would be a … windfall… for renewable energy companies with the advent of the Biden Administration and its massively expensive clean energy push. Nevertheless, solar Continue Reading
Solar Power’s Decade of Falling Costs Is Thrown Into Reverse
A key selling point that made solar energy the fastest-growing power source in the world—rapidly decreasing costs—has hit a speed bump. Solar module prices have risen 18% since the start of Continue Reading
The Solar Farms Helping Tackle Climate Change and Fight Fossil Fuel Use
All of a sudden, solar energy is huge. As many of the world’s major governments and corporations move to transition the global power supply away from fossil fuels, developers are Continue Reading
Solar and wind can meet world energy demand 100 times over
Huge falls in the cost of solar and wind power in the last few years have unlocked an energy reserve that can meet world demand 100 times over — and Continue Reading
OPEC Fund Helps Finance Egypt’s Largest Private Solar Plant
OPEC’s Fund for International Development is among a group of development banks providing $114 million of loans to build the largest privately-owned solar plant in Egypt. ACWA Power’s 200-megawatt Kom Ombo Continue Reading
Why Are Solar Projects Becoming More Expensive?
The cost of building solar farms has been declining for several years, making solar power increasingly popular with projects of all sizes mushrooming around the world. The tide is now Continue Reading
Inside Clean Energy: What Happens When Solar Power Gets Much, Much Cheaper?
The plummeting price of electricity from solar panels is one of the driving forces aiding the transition to clean energy. Government policies and scientific innovation around the world have helped Continue Reading
USA Needs Much More Land for Solar Net-Zero Goal
Articles about solar power and a pair of LNG projects on two different continents ranked among the more popular articles last week among Rigzone’s downstream audience. Read on for details. Continue Reading
Biden’s Solar Energy Plan Has A Major Space Problem
US President Joe Biden clinched the top role last November on the back of a campaign promise to launch the Clean Energy Revolution in the country, with a chief aim Continue Reading
California’s Solar Industry Is Getting Sunburned
Solar power in California just had a good decade. Thanks to strong policy and, yes, good sun, solar expanded to become a significant proportion of the state’s electricity mix and Continue Reading
CERAWEEK: Solar expected to see more records in 2021 despite facing challenges
The biggest challenges to the utility-scale solar industry are integration, supply chain constraints and a lack of discipline, power industry experts said March 4 at the CERAWeek by IHS Markit Continue Reading
Scientists Warn That Filling The Sahara With Solar Panels Is A Bad Idea
Two years ago, a team of Finnish scientists estimated that the world needs to get 69 percent of its primary energy from solar farms in order to achieve its ambitious Continue Reading
Solar and Wind Are Reaching for the Last 90% of the U.S. Power Market – Bloomberg
Three decades ago, the U.S. passed an infinitesimal milestone: solar and wind power generated one-tenth of one percent of the country’s electricity. It took 18 years, until 2008, for solar Continue Reading
UAE Aims To Triple Its Solar Installations By 2025
The installed renewable capacity of the United Arab Emirates, which until recently was nearly non-existent, concluded 2020 at 2.3 gigawatts (GW), around 91% of which comprises of solar PV projects, Continue Reading
Northwest European solar joint venture AMPYR aims for 4 GW installed capacity
A joint venture of AGP Group, NaGa Solar and Hartree Partners plans to develop a pipeline of 4 GW of solar projects across Germany, the Netherlands and the UK, the Continue Reading
China Exceeds Clean Energy Record With Extra Wind Capacity
China blew past its previous record for renewable energy installations last year with a massive — and surprising — addition of wind power. The National Energy Administration said in a press release on Continue Reading
Big Oil Is Buying Into The Solar Boom
After a difficult year in the oil world, Total is planning to invest in heavily India’s solar sector going into the next decade. The French company plans to invest $2.5 Continue Reading
The Beginning Of A New Megatrend In Solar Energy
The solar sector has enjoyed a jaw-dropping run-up in the current year. The sector’s sole pure-play solar fund, Invesco Solar Portfolio ETF (TAN), is up 234% over the past 52 Continue Reading
US solar sales rise 21.6% on year in Q3 on new facilities, more sellers
Megawatt-hours generated from solar facilities in the US rose 21.6% year on year in the third quarter, according to data filed with the Federal Energy Regulatory Commission and compiled by Continue Reading
Scientists Just Set a New World Record in Solar Cell Efficiency
Improving the efficiency of solar cells can make a huge difference to the amount of energy produced from the same surface area and the same amount of sunshine, and another Continue Reading
US solar installations booming, could overtake onshore wind longer term
US solar power capacity additions accounted for 43% of all incremental power generation capacity through Q3 2020 and appear set to record 19 GW of new solar capacity installations in Continue Reading
Could Solar Power Save The Lone Star State?
Texas, once the undisputed and seemingly infallible powerhouse of the United States’ energy sector and the world’s shale markets, is struggling to stay afloat . While the COVID-19 pandemic was Continue Reading
Century Old Space Science Revives Solar Power Dream
The economic and industrial turmoil created by the novel coronavirus pandemic will forever be associated with the year 2020, but its impact will be much farther reaching and longer lasting Continue Reading
Europe’s Biggest Utility Company to Ramp Up Spending on Wind, Solar Power
Enel SpA plans to spend €70 billion, equivalent to $83 billion, expanding its presence in wind and solar power in the coming decade, seeking to cement its position as the Continue Reading
Solar is now ‘cheapest electricity in history’, confirms IEA
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries. That is according to the International Continue Reading
Glass Shortage Threatens Solar Panels Needed for Climate Fix
The world’s biggest solar power company says a shortage of glass is raising costs and delaying the production of new panels, throwing a wrench into China’s plans to accelerate its Continue Reading
Wind, Solar News: Repsol Now Spends More on Renewables Than Drilling
Repsol SA has invested more in recent months in developing renewable power projects than searching for oil and gas, offering the latest example of how Europe’s energy giants are accelerating Continue Reading
Another Major Breakthrough For Solar Energy
During America’s last election cycle, one of President Trump’s key campaign promises was to revive the dying coal sector and bring back coal jobs. But even intense lobbying by the Continue Reading
Wind, Solar Are Cheapest Power Source In Most Places, BNEF Says
Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of BloombergNEF, which predicts a tipping point in five years when Continue Reading
Solar Pushes Aside Coal as the Favorite Fuel for Power, IEA Says
Renewables are set to overtake coal this decade as the world’s favorite fuel to generate electricity, the International Energy Agency says. Solar photovoltaics are now cheaper than plants fired by coal Continue Reading