Solar

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Overall Investment Down But Global Renewable Capacity Surges To Record Levels

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 percent lower than the previous year, according to new research. For instance, new investment in solar totalled $113.7 billion, down 34 percent from the record high in 2015, yet solar capacity additions rose to an all-time high of 75 gigawatts. “The investor hunger for existing wind and solar farms is a strong signal for the world to move to renewables,” said Prof. Dr Udo Steffens, President of Frankfurt School of Finance & Management, commenting on record acquisition activity in the clean power sector, which rose 17 percent to $110.2 billion.

Total And SunPower Join Forces To Build Solar Power Plant In Japan

Total and SunPower and ISE Group, have started up a 27-megawatt-peak photovoltaic power plant in Nanao on Japan’s Honshu Island. Completed one year after the beginning of construction, the plant will generate clean and reliable electricity to serve thousands of Japanese households on the island. The Nanao plant is jointly owned by ISE Group, which holds 50 percent interest, with Total and SunPower each holding a 25 percent interest.

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Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

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The Evolution of Solar: 10 Years of Solar Pride in San Francisco With Intersolar

2017 marks the 10th anniversary of Intersolar North America, a leading trade event that has grown alongside the solar industry. During this decade, the U.S solar industry has seen exponential growth. Since 2007, photovoltaic (PV) solar installations have skyrocketed from 1,063 megawatts in 2007 to 14,762 megawatts in 2016. Intersolar North America has been there every step of the way and experienced a similar boom. More than 550 exhibitors and more than 18,000 visitors participated in Intersolar and ees North America in 2016, with an even larger crowd expected to attend in 2017.

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JA Solar’s Module Shipments to India Reach 1GW; Strengthens Regional Position

JA Solar has announced that the company’s cumulative module shipments to India have reached the milestone of 1GW of capacity equivalent to electricity generation of approximately 1.7billion kWh, which can reduce carbon emissions by 1.47 million tonnes annually. This further strengthens the company’s position in India, which is emerging as one of the largest PV markets in the world. Globally, JA Solar now has cumulative shipments of over 20 GW and the company does business in more than 92 countries around the world.

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India’s Solar Objectives Get Major Boost with 750MW Rewa Ultra Mega Solar Park

India’s State Government of Madhya Pradesh has signed agreements making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022. IFC, a member of the World Bank Group, is the lead transaction advisor for the project that will mobilise $550 million in private investment and avoid a million tonnes of GHG emissions. The 750 MW capacity project was auctioned in three packages of 250 MW each and will be one of the biggest single site solar projects in the world.

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Renewables For Philippines: Accelerated Development And Energy Independence

A new report released by the IRENA, says that renewable energy policy making and institutional evolution can support Philippines’ development momentum and allow it to achieve energy independence. “Like many countries in its region, the Philippines faces a growing population and rising energy demand to power economic growth. Uniquely, the archipelago is also frequently exposed to tropical storms and natural disasters that affect its energy structure. Renewable energy can play a role in helping the country achieve greater energy security and distribution despite these challenges,” said IRENA Director-General Adnan Z. Amin.

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Intersolar North America And CALSEIA Celebrate Major Anniversaries With Big Bash

Intersolar North America And CALSEIA are celebrating major anniversaries with an enormous solar fundraising bash, the Summerfest, at San Francisco’s AT&T Park. It’s the home of the City’s famous major league baseball stadium, and the event combines two of America’s favourite darlings — solar power and baseball. Summerfest 2017, honouring CALSEIA’s 40th year of service and Intersolar’s 10th year in San Francisco is set to be the largest and most successful fundraising event in CALSEIA’s history.

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Intersolar North America In Its 10th Year: Blazing a Trail Where Others Follow

Celebrating its 10-year anniversary, Intersolar North America will once again be the first major solar event of the year. It takes place July 11-13 at the Moscone Center in San Francisco and is co-located with ees North America and SEMICON West. These combined events bring together professionals from the solar, energy storage and semiconductor industries to share knowledge and innovation, network, and accelerate business goals. With its consistent growth to 18,000+ attendees in 2017, Intersolar North America is the most-attended solar event in North America.

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Large-Scale PV Finance Amongst Hot Topics At Intersolar Europe Conference 2017

The increasing number of investments in large-scale PV plant constructions worldwide are raising new questions about the industry. What options are available for financing PV power plants? Which markets will be relevant in the future? What is the role of smart renewable energy, i.e. combining energy generation, storage, and management? Experts are set to discuss these at the Intersolar Europe Conference, taking place in Munich (May 30–31). The event runs alongside Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, (May 31–June 2).

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Kalyon Enerji, Hanwha Q CELLS JV – Winners Of Turkey’s Largest Ever Tender

A joint venture formed by Kalyon Enerji and Hanwha Q CELLS. has won the tender to build a 1,000 MW solar power plant in the Karapınar region in Turkey with the bid of 6.99 USD-cent per kWh. It is the conclusion to the tender for the biggest renewable energy project in Turkey’s history. According to the tender rules, this price will be valid for 15 years and companies have 30 years of usage rights. Also, all components used in this project will be manufactured locally. The 1 GW solar power plant, which will be operational within 36 months.