AleaSoft Energy Forecasting found weekly average electricity prices in excess of €80 ($85.77)/MWh in most major European markets last week. Despite a drop in solar production across the week, France, Germany, Italy, Spain and Portugal all set new records for solar generation during a single day in November. November 6, 2024 Patrick Jowett Image: AleaSoft
Lower solar production drives up European electricity prices Read More »
Hexa Renewables has completed the world’s largest offshore floating PV plant in Taiwan. The 440 MW solar array covers 347 hectares of government-leased surface area and can supply power to about 74,000 households. November 6, 2024 Patrick Jowett Image: Hexa Renewables Singapore-based Hexa Renewables has commissioned the world’s largest offshore floating solar project in Taiwan
Hexa Renewables commissions world’s largest offshore floating solar plant Read More »
Solar panels installed on top of a apartment building. Representational image | Photo Credit: MURALI KUMAR K / The Hindu By the end of 2024, global solar manufacturing capacity is likely to reach over 1,100 GW, far exceeding the demand for photovoltaic panels. The sector experienced significant growth in 2023, with solar cell, wafers and modules
Solar cell manufacturing to outstrip global demand by 2024: report Read More »
JinkoSolar, JA Solar, Longi, and Trina Solar reported significant revenue declines and net losses for the third quarter of 2024. November 5, 2024 Vincent Shaw Image: pv magazine JinkoSolar said its net profit hit CNY 14.87 million ($2.09 million) in the third quarter of 2024, down 99.41% year on year , with revenue falling 22.09%
Chinese PV Industry Brief: JA Solar, Longi, Jinko, Trina report Q3 results Read More »
India has installed 12.8 GW of new solar capacity from January to June 2024, according to Mercom India. This includes 11.7 GW of large-scale solar projects, with 3.7 GW of off-site commercial and industrial (C&I) projects, and more than 1.1 GW of rooftop PV installations. November 5, 2024 Uma Gupta Mumbai, India Image: Vyacheslav Argenberg,
India adds 12.8 GW of solar in H1 Read More »
Latest N-type monofocial modules have seen a 15% drop in October compared with the previous month to an average of €0.098/Wp. Chart: sun.store The price of solar panels in Europe has declined for a sixth month in a row, according to the latest pv.index report. Released by solar wholesaler sun.store, the pv.index report for October
pv.index: module price continues to decline in Europe Read More »
The cost of solar panel systems in Pakistan has recently surged, affecting the affordability of green energy solutions for homes and businesses. Over the past few months, the prices for 5 to 15 kW solar systems have jumped by Rs 1 to 2 lakh, putting additional strain on those looking to switch to renewable energy.
Massive Increase in Prices of Solar Panels in Pakistan, Here’s Details Read More »
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse. November 4, 2024 Patrick Jowett The global solar industry is achieving record-breaking growth
Solar manufacturing facing substantial pressures, says IEA-PVPS Read More »
The European Bank for Reconstruction and Development (EBRD) and the European Union are investing a combined $61.6 million in a 126 MW solar project in Uzbekistan. A special-purpose company fully owned by French developer Voltalia will develop the plant. November 4, 2024 Patrick Jowett Image: Aboodi Vesakaran, Unsplash The EBRD and the European Union are
EBRD, EU finance 126 MW solar plant in Uzbekistan Read More »
Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries. Meanwhile, in nearby Indonesia and Laos, a slew of new Chinese-owned solar plants are popping up, out of the reach of Washington’s
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach Read More »
