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PV module prices are falling faster than all predictions

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Across all market segments, PV system costs are falling faster than anticipated, according to new research from Wood Mackenzie. The unexpected decline in costs...
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PV News

SACE report projects Florida to outpace North Carolina for solar installations

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The third annual “Solar in the Southeast” report from Southern Alliance for Clean Energy (SACE) highlights solar data and trends throughout the region, including...
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Premature inverter failure – 4.2 GW of capacity will be affected this year, says analyst

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Some 4.2 GW of solar project capacity will experience inverter failures this year despite being less than ten years old, according to U.S.-owned analyst Wood Mackenzie, with...
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Poland to reach 7.8 GW of cumulative PV by 2025

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Poland may reach its target of 7.8 GW of solar by 2030 – as outlined in the National Plan for Energy and Climate –...
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Italy installed 115 MW of PV in Q1

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Italy installed around 115.3 MW of solar power in the first three months of 2020, according to provisional numbers released by the Italian renewable...
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PV News

Solar Power Rebound Expected After COVID-19 Speed Bump

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U.S. solar sector, which slowed after a record-breaking first quarter, is expected to soon rebound. COVID-19 decreased demand, delayed projects, and caused job...
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Poland set to reach 2 GW milestone

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Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) says the country reached 1,953.1 MW of installed solar capacity at the end of last month. In May...
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Growatt ranked third after SolarEdge and SMA in single-phase inverter shipments in 2019

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Growatt took over 11% market share of single-phase inverters worldwide in 2019, coming in the third place after SolarEdge and SMA according to PV...
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PV News

Earth’s magnetic field affecting PV panel performance

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Researchers at the Multimedia University of Kenya have claimed the Earth’s magnetic field affects solar panel performance in the same manner fields from power...
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PV News

US added 3.6 GW of solar in Q1

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The record first-quarter numbers published in the most recent U.S. Solar Market Insight by the Solar Energy Industries Association (SEIA) and Wood Mackenzie offer a snapshot of a...
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Europe has potential for 21 GW of unsubsidized renewables

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Interest in subsidy-free power purchase agreements (PPAs) for photovoltaic and wind power plants in Europe really took off last year – a development confirmed by an...
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Cost-efficiency gains to shelter solar from pandemic setbacks

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Despite claims that solar development would be setback by the COVID-19 pandemic, cost-efficiency gains will continue, according to thinktank IEEFA. A new report by the group...
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Romania subsidizes municipal authorities with 86% for solar power investments

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The Ministry of Energy provided EUR 28.8 million for 105 photovoltaic projects of 23.1 MW in total in almost all counties of Romania. The...
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Sungrow supplies inverters, battery system for hybrid solar park in Sweden

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One of Sweden’s first hybrid solar parks has been deployed in Halmstad. Sungrow, which provided the inverters and battery system, said it is a...
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Pertamina NRE to build solar panel assembly plant in W. Java, to be operable by 2026

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Pertamina New and Renewable Energy (Pertamina NRE), a renewable energy subholding of State energy company PT Pertamina, is currently constructing a solar panel assembly...
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Vietnam triples its clean energy goals, aims to get 16% of its power from solar

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Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. The fast-growing...
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