By 2050, the practice of using renewable energy to electrolyze water and create hydrogen fuel may reach a global market of well over $1 trillion USD.
The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.
Pexapark says power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.
US utility Georgia Power has more than 850 MW of active energy storage projects under development or in operation across its service territory.
India installed an impressive 17.4 GW of new solar capacity in 2022, retaining its third spot in annual PV capacity addition globally.
A research group in Ghana has conducted a series of tests to assess the performance of polycrystalline solar modules in PV systems operating in their home country for at least 5 years. They found that the vast majority of the panels may ‘fail’ before 20 years in operation under outdoor conditions.
An Italian research group has assessed the advantages of combining solar power generation in greenhouses with vertical farming. The scientists claim this new approach offers better land use while increasing agricultural yield.
France reached 17.15 GW of cumulative installed PV capacity at the end of March.
The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.
Chinese manufacturer Akcome has released a new line of heterojunction solar panels with a nominal power capacity ranging between 710 W and 730 W and a conversion efficiency of 22.80% to 23.50%.
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