UK Welcomes £24 Billion in Clean Energy Private Investment
Iberdrola Alone Commits To Doubling Planned Investments In The United Kingdom From £12 Billion Over Next 4 Years.
Renewable Energy
Sourcing insights and market trends for the renewable energy industry.
Key Trends in Battery Energy Storage in China
China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
Italy’s Regional Governments Approve 5.1 GW of Utility-Scale PV Projects in January-September Period
Italy’s regional governments approved 5.1 GW of solar in the first nine months of this year, with Sicily leading by approving around one-third of the total new capacity.
Latin America Solar PV News Snippets: Grenergy’s Chile Storage Project Expands to 11 Gwh & More
Latest solar PV news and developments from Latin America
Germany has solar LCOE ranging from €0.041/kWh to €0.144/kWh
A new report rom Fraunhofer ISE shows that the cost of PV systems in Germany is currently between €700/kW and €2,000/kW. The study also shows that the levelized cost of energy of solar-plus-storage spans from €0.06/kWh to €0.225/kWh.
Spain Set to Target 76 GW Solar PV Capacity by 2030 Under Approved Necp
Government of Spain Approves MITECO’s Updated Plan With Higher Green Hydrogen Ambition
First Solar Commissions 3.5 GW New Alabama Solar Module Factory
US Manufacturer First Solar's Global Nameplate Manufacturing Capacity Exceeds 21 GW
Panasonic Testing Smart Thermostats in Residential Heat Pumps
Panasonic will integrate new smart thermostats and an energy management software in its Aquarea system from November. The new solutions are also designed to enable PV system owners to manage their heat pumps based on local weather forecasts.
Global Average Solar Lcoe Stood at $0.044/Kwh in 2023, Says Irena
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
Ireland in Line for 1 Gwh Iron-Air Battery Storage Project
In what could be Europe’s first, FuturEnergy Ireland has proposed a project that could store energy for up to 100 hours and be operational for 30 years.
Industrial Revenue Bonds for Topcon Solar Cell Factory in Us
Ebon Solar’s Application Unanimously Approved By Bernalillo County Commissioners
Solar-Plus-Storage Dominates Future Us Power Grid
A new report from the US Department of Energy’s (DoE) Lawrence Berkeley National Laboratory shows a major expansion of solar-plus-storage facilities in the US power plant market.
France’s 2021-23 PV Auctions Show Price Increase Despite Lower Panel Costs
The French energy regulator says in a new report that France allocated about 5.55 GW of PV capacity through its auction mechanism for large-scale solar between 2011 and 2013. Despite falling solar module prices, the auction mechanism did not lead to cheaper PV electricity or lower project costs.
Italy Deploys 4.2 GW of Solar in January-August Period
Italy deployed 4.2 GW of solar capacity and 260,000 new PV systems from January to August.
Innovation Driving Change in Solar Tracker Market
Shipment volumes are growing in the global solar tracker market as innovation in project development drives demand. Joe Steveni, of S&P Global Commodity Insights, takes a look at the factors shaping the commercial landscape for trackers, from agrivoltaics and undulating terrain to Indian ambition and the United States’ Inflation Reduction Act.