The International Renewable Energy Agency (IRENA) forecasts as much as 90 GW of new solar additions annually across the globe over the next few years, driving a 60% reduction in costs.
The report, published in Energy Access Outlook: from Poverty to Prosperity, is the first instance of this sort of historical analysis, with this particular study looking at 140 countries and showing that the number of people without electricity fell to 1.1 billion in 2016, down from 1.6 billion in 2000.
Mercom Capital’s latest report shows relatively robust funding for solar globally but a slowdown in the United States due to the Section 201 investigation.
The International Renewable Energy Agency calculates that storage capacity could triple by 2030 if current renewable energy capacity doubles, with battery prices potentially driven down by 66% from current levels.
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
As the first half of the Section 201 remedy hearing comes to a close, Suniva and SolarWorld have made a case for a combination of tariffs and either quotas or a 74-cent minimum module price, and foreign governments have sought exemptions.
Discussion about the adaptation of standards for Flashers, and the way in which high-performance and bifacial modules should be measured goes on. Berger Lichttechnik is now launching a new cell tester and Halm reports a three-digit number of delivered cell testers.
Global nuclear power generation increased by 1.4%, whereas solar power output grew by 30% and wind by 16% in 2016, with all renewables representing 62% of global power generating capacity additions, finds the 2017 World Nuclear Industry Status Report.
Annual PV demand in the U.S. to retreat 15% this year, but global demand for solar PV installations is at an all-time high, finds new research by EnergyTrend.
A new report from DNV GL forecasts a bright future for renewable energy, predicting that by 2050 electricity demand will increase 140% to become the largest form of energy consumed, and that 85% of this electricity will be generated from renewable sources.
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