Solar operators in the Iberian Peninsula benefitted from solar irradiance 20% to 30% above average during April, according to data collected by Solcast, a DNV company, via its Solcast API Toolkit. However, for much of Western and Central Europe, irradiance was below average, with parts of Ukraine being as much as 40 percent below average. Solar power production on the …
Low pressure impacted Europe PV production in April Read More »
Solar the fastest growing European clean power source The latest numbers released by EU data body Eurostat indicate renewables, including hydropower, contributed 37% of Europe’s gross electricity consumption in 2020, up from 34% a year earlier. The latest snapshot of the European renewable energy market in 2020 released by EU statistical body Eurostat has revealed hydropower-heavy Norway and Iceland generated more …
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Renewable PPA prices in Europe up 8% due to ongoing energy crisis Renewable power purchase agreement (PPA) prices in Europe continue to climb, rising 7.8% quarter-on-quarter in response to the continent’s deepening energy crisis, according to new research from LevelTen Energy, a provider of renewable transaction infrastructure. Macroeconomic and regulatory challenges, including the energy crisis, …
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New market report: 2021, the best year in European solar history. 2022, Europe set to hit 30 GW installation level SolarPower Europe’s EU Market Outlook for Solar Power 2021-2025 shows another record year for the European solar sector. In 2021, the European Union has seen an estimated 25.9 GW of new solar PV capacity connected to the …
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Solar modules set to benefit from reduced VAT rates in EU Solar modules sold in the European Union (EU) could be subject to lower value added tax (VAT) rates after an agreement was reached this week by finance ministers from across the bloc. The European Council agreed to update the rules on VAT rates to …
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Global PV market: 114 GW to be installed in 2019, with continued growth onwards According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club. he global PV market …
Global PV market: 114 GW to be installed in 2019, with continued growth onwards Read More »
European electricity price hikes supercharge solar As the continent struggles through this latest seasonal electricity price crisis, the power of solar has been brought to the fore. Households and industry alike have been affected by the challenges in electricity costs in recent weeks, as global economic recovery and supply chain issues have driven high gas …
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Co-located hubs key to battery industry competitiveness A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to their success. For Australia to play the same game, it will have …
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Video interview with Growatt co-founder Qiao: ‘We expect 500 MW shipments in Europe alone’ That goal could easily be achieved judging by the company’s first-quarter results, Qiao said during an interview with pv magazine at Intersolar Europe. He also pronounced himself happy with Growatt’s performance in TÜV testing and with progress in the hybrid inverter segment. Growatt …
European PV market grew 36% to reach 11 GW in 2018 Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun. New solar installations …
European PV market grew 36% to reach 11 GW in 2018 Read More »
