India has some of the world’s most ambitious renewable energy goals. Prime Minister Narendra Modi promised to boost India's solar energy generation capacity from 5.8 GW in 2014 to 100 GW by 2022. As part of the Paris Agreement, India set a goal to increase the share of non-fossil-based power capacity from 30 percent today to about 40 percent by 2030. [...]
One of the big questions for humanity’s future is: how will we supply enough clean and plentiful energy to sustain a growing global population? At face value, the big question has a simple answer: solar. In theory, the world’s demand could be met by just one thousandth of the sun’s energy landing on Earth. [...]
You need a sunny roof to benefit from solar panels, but yours may be sunnier than you think. Google’s Project Sunroof gives building-by-building details, and now has data for (parts of) all 50 states. [...]
For over a century, the landscape north of Kimberley, British Columbia, was used for intensive industrial hard-rock mining — but now it’s home to the largest solar farm in all of British Columbia. Over the decades, the site of Teck’s (formerly Cominco’s) Sullivan Mine hosted a steel mill, fertilizer plant and tailings ponds, rendering the area tree-less for the foreseeable future. [...]
The ability to store energy promises to revolutionize the way we generate, transmit and use electricity - making renewable sources such as wind and solar cheaper and more dependable. Massachusetts is one of just three states requiring electric utilities to build battery facilities in the future. [...]
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles -- and at prices potentially far cheaper than today’s silicon-based panels.
It’s not as far-fetched it seems. Solar researchers and company executives think there’s a good chance the economics of the $42 billion industry will soon be disrupted by something called perovskites, a range of materials that can be used to harvest light when turned into a crystalli [...]
The solar industry is one of our most obvious success stories. Our industry directly employs 261,000 people. We generate energy that is both clean and renewable. And we generate this energy at prices that are less than conventional utility power — as low as 6 cents per kwh. [...]
This week, the largest renewable energy project built in the U.S. through an alliance of diverse buyers reached commercial operation. The development of the 60-MW Summit Farms Solar project was driven by demand from the Massachusetts Institute of Technology (MIT), Boston Medical Center, and Post Office Square Redevelopment Corporation.
A team of scientists at the University of Cambridge has developed a way of using solar power to generate hydrogen from biomass, the U.K. university said last week. [...]
Within the past decade or two, the solar industry has experienced a great deal of evolution and expansion. In the U.S., one of the largest shakeups was in 2010 when PV panel prices dropped. The inverter market has also been subjected to changes, especially in terms of new topologies and increased functionalities. [...]
Sunrun has received about 1,000 orders for its recently launched BrightBox solar plus energy storage solution in California and Hawaii, Sunrun co-founder and CEO Lynn Jurich said during a March 8 4Q16 company earnings call.
Sungevity, which last week laid off more than two-thirds of its Kansas City staff, received only a fraction of the $11.8 million in potential tax breaks that were offered to attract the company here. The solar panel marketing company opened a sales office in downtown Kansas City in early 2015. [...]
Contracts to sell electricity directly to corporate users are among the key demand drivers for wind and solar power, while the influence of state mandates wanes, according to a report Friday by Moody’s Investors Service. [...]
Please Listen Up to this week’s Energy Show as Tom Kimbis, the Executive Vice President of the Solar Energy Industries Association, talks about SEIA’s Consumer Protection and Ethics Committees, as well as SEIA’s “Consumer Guide to Solar Power” and Residential Disclosure Forms. [...]
Distributed energy resources are fast becoming cost competitive with traditionally generated electricity. According to Rocky Mountain Institute, grid-connected solar-plus-battery systems will reach economic parity with grid electricity within the next 10-15 years. Despite near-term technical and financial challenges, more and more business will adopt on- and off-site generation, storage, community and wholesale projects.
Supercritical carbon dioxide power cycles have the potential to reduce the cost of concentrating solar power by substantially improving the efficiency of converting high temperature solar heat into electricity. Through three SunShot Initiative-funded projects and six years of steady progress, GE Global Research and Southwest Research Institute have taken major steps toward commercializing the technology.
Today’s topics include how utilities are crying foul about the price of PPAs - is this the beginning of a big backlash against solar? In addition, we'll discuss blockchain technology and diversity in the solar industry. Check it out! [...]
A group of energy executives actively involved in solar C&I development in the Middle East and Africa talked at a Solarplaza conference... [...]
A funny thing happened recently: We wrote an article suggesting that a lower cost of capital, driven by increased debt in project finance transactions, would help to mitigate some of the new risk the solar industry faces in 2017. We didn’t anticipate that this would be a particularly controversial viewpoint. After all, paying a lower cost of capital is like paying off old credit card debt. Who could disagree with that? [...]
First Solar Inc. slumped the most in three months after reporting its biggest-ever loss and cutting its earnings forecast. [...]
Incorporating drones into daily operations could turn out to be one of the most beneficial decisions a solar firm can make in 2017. [...]
Record low Indian solar tariffs tendered at a groundbreaking auction may catalyze green investments and help tip the balance of new power to renewables and away from fossil fuels.
Each year solar analysts take stock of the industry's accomplishments with the annual Solar Market Insight Report (SMI) and each time the performance numbers impress. This year, however, is jaw-dropping. TerraSmart is passionate about all things solar, and we couldn't wait to share the latest insights with this SMI preview. [...]
In the modern age of solar 4.5 MW is not a big power plant, generally occupying less than 50 acres of land. But from the perspective of a field technician, size is all relative. [...]