Author: solarenergy
The United States has officially exceeded this 5 million solar installationsThis is a new milestone, just eight years after the country reached one million installations in 2016 – a milestone that took 40 years to complete after the first grid-connected solar installation in 1973. Credit: Lichtsource bp According to data released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, more than half of all U.S. solar installations have come online since the start of 2020 and more than 25% have come online since the Inflation Reduction Act came into effect in just 20 months. past. These systems…
India Ratings and Research says India will maintain the current pace of renewable energy capacity expansion due to a significant decline in equipment prices and continued policy support. May 17, 2024 Uma GuptaBy pv magazine IndiaIndia Ratings and Research (Ind-Ra) expects India’s annual renewable capacity expansion to remain at 15 to 18 GW in fiscal 2025 and 2026. It said 75% to 80% of annual installations, or up to 14.5 GW, come from solar and about 20% from wind. Installations will be driven by a significant reduction in equipment prices, continued policy support, the availability of liquidity and the investment…
New steps for solar energy in financing multifamily affordable housing A recent filing by major utilities with the California Public Utilities Commission (CPUC) marks a significant development in the financing of solar projects for multifamily affordable housing. The additional joint advisory letter, submitted by Pacific Gas and Electric Company, along with Southern California Edison, San Diego Gas and Electric, Liberty Utilities and PacifiCorp, provides details on the veracity of the 2023 greenhouse gas allowance revenue resources as directed by Decision 22. -09-009. This supplemental advisory letter, identified by numbers ranging from Advisory 7196-EA to ADVICE 732-EA, represents a collective effort…
From pv magazine 24/05In mid-March 2024, Canada’s Silfab Solar, a manufacturer of high-efficiency modules with plans to expand into South Carolina, said it would source glass from US-based PV panel recycler Solarcycle. Solarcycle plans a $344 million solar glass factory in the US state of Georgia, supplied with recycled panel materials.“We are excited about the potential for domestic growth in solar energy manufacturing to create jobs and R&D development in the US,” said Rob Vinje, Chief Operating Officer (COO) of Solarcycle. pv magazine.Global growthAndries Wantenaar, of market intelligence company Rethink Technology Research, said that “solar glass demand looks robust. It…
Oil and gas fuel is Canada’s largest export, and much of that oil comes from the country’s tar sands. Shell’s Quest project was the first major carbon capture project serving Alberta’s tar sands production. (Photo: Dru Oja Jay/Howl Arts Collective, Flickr, CC BY 2.0) Shell’s flagship carbon capture and storage project in Canada generated millions of dollars in carbon credits based on greenhouse gas emission reductions that never took place. According to a study by Greenpeace Canada, the scheme was part of Shell’s billion-dollar Quest carbon capture project. While these phantom credits were legal from 2015 to 2021 under approved…
Unexpected Allies: Solar Energy and Digital Currency In recent years, the worlds of solar power and cryptocurrency have embarked on a transformation reshaping conventional notions of energy and financial systems. While seemingly different at first glance, a closer examination reveals an interesting interaction between these two realms, based on principles of decentralization, innovation, and sustainability. Solar power, with its ability to harness abundant sunlight to generate electricity, has emerged as a cornerstone of the renewable energy transition, challenging the dominance of fossil fuels and addressing environmental concerns such as climate change and air pollution. Similarly, cryptocurrency, represented by blockchain technology,…
The NC Clean Energy Technology Center (NCCETC) has released the Q1 2024 edition of the 50 states of decarbonization of power. The quarterly series provides updates on state and utility actions related to clean energy goals, emissions reduction goals and carbon policies, generation planning and procurement rules, integrated resource plans, and electricity generation capacity changes (RFPs, green tariffs, power plant shutdowns, etc.) . The Q1 2024 report shows that 48 states, as well as DC and Puerto Rico, took a total of 507 actions related to electricity decarbonization and resource planning during the quarter (see figure below). Of the integrated…
The project location (above) will be near Loch Ness. Image: GEE. Glen Earrach Energy (GEE) has today (May 17) unveiled plans to develop Britain’s “most efficient pumped storage hydropower project (PSH)”, capable of delivering 30 GWh of clean energy, at Loch Ness. The 2GW project, which will be located on Balmacaan Estate, Scotland, will require an investment of more than £2 billion and will generate at least 600 on-site construction jobs in Scotland over the course of six years, as well as many more jobs in the local supply chain. . The announcement comes as GEE has begun working with…
Reliance Industries Ltd. (RIL) has completed the sale of REC Solar Holdings’ notch-based polysilicon manufacturing division, REC Solar Norway, to Elkem ASA. However, it retains the technology and intellectual property rights of notch-based polysilicon. May 17, 2024 Uma Gupta Mukesh Ambani, the largest shareholder of Reliance IndustriesImage: Reliance IndustriesBy pv magazine IndiaRIL has announced that its REC Solar Holdings AS unit has completed the sale of its notch-based polysilicon manufacturing division, REC Solar Norwa,y to Elkem ASA, an Oslo-listed supplier of silicon-based materials.The announcement follows RIL’s January announcement of the signing of a share purchase agreement between REC Solar Holdings…
Researchers from China have proposed using the so-called improved snake optimizer (ISO) algorithm for maximum power point tracking in PV systems. The proposed algorithm can reportedly achieve higher PV system performance and better accuracy than the simple snake algorithm. May 17, 2024 Emiliano BelliniA group of researchers from Lanzhou Jiaotong University in China have developed an MPPT (Maximum Power Point Tracking) technique based on an improved ISO (Snake Optimizer) algorithm.The ISO is a swarm intelligence-based optimization algorithm proposed in 2022 to improve the typical shortcomings of the snake algorithm. The latter is inspired by the behavior of snakes in search…