Energy storage systems are vital to the transition toward renewable energy, balancing fluctuations in supply and demand and supporting grid stability. However, maximizing the performance of these systems requires careful management of both operational efficiency and system longevity, as Laura Laringe, CEO of Reli Energy explains.
81% of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030, according to the International Renewable Energy Agency (IRENA).
Agrivoltaics is being promoted as the ideal way to combine solar power generation and agricultural use. Although it can hardly replace traditional solar parks, it offers interesting opportunities for niche applications, says Carsten Bovenschen, CEO of Juwi, in an interview.
Longi announced that its Jiaxing Production Base has been recognized by the World Economic Forum (WEF) as a Global Lighthouse Factory, the world’s first solar module manufacturing base joining WEF's Global Lighthouse Network (GLN).
A new report of SolarPower Europe shows that solar PV and heat pump combos saved Europeans up to 84% on household energy bills in 2022.
Transport costs, polysilicon and solar panel prices dropped sharply the last weeks. But it will not stay like this, Gerard Scheper, CEO of European Solar, says.
The downward trend in container prices has continued in the past period, so that prices are now back at the level of January 2021. A decrease of 63 percent in one year. If you commit large contracts for a longer period of time, you can end up even lower, says Gerard Scheper, CEO of European Solar: "Then you can set the prices at 3,000 to 3,500 dollars."
Agrivoltaics is considered to have a promising future. However, the example of Germany shows that the building law slows down many projects and the projects have to struggle with material price increases.
Japanese utilities are exploring retrofitting their existing coal power plants to enable co-firing of coal with ammonia to reduce carbon dioxide emissions. This is unlikely to become an economically viable path to reduce power sector emissions, a report of BloombergNEF (BNEF)states.
Supply-chain woes push up cost of new-build solar, battery storage and onshore wind, which rises between 4% and 14% from year ago according to BloombergNEF (BNEF).
Herbert Muders, Managing Director of Trianel Energieprojekte, on municipal participation, long approval times and land availability, as well as supply bottlenecks and cost increases.
Rural Scotland is becoming a solar energy hot spot where increasingly, landowners are approached by developers looking for land to generate energy from the sun, says Philippa Orr from property consultancy Galbraith.
In 2021, market values for PV and onshore wind reached record levels in European markets, primarily due to sharp increases in natural gas and CO2 allowance prices. As a result, market parity was reached in almost all European markets.
Europe’s residential battery storage will grow over 400% to 12.8 GWh by 2025, according to the new 5-year SolarPower Europe Market Outlook.
Driven by the strong supply dependencies that have become apparent as a result of the Corona pandemic and by political tailwinds, there are first concrete steps for a return of PV manufacturing to Europe.
The expansion of renewable hydrogen in the EU calls for policy support in the order of 10–24 billion euros a year until the end of this decade. A new study outlines which policy instruments are essential for renewable hydrogen’s successful market uptake – and its economic competitiveness.
Building and operating new utility-scale solar PV is cheaper than running existing coal and gas-fired plants in China, India and across most of Europe according to BloombergNEF.
Due to the intensified actions taken to protect the climate, the operating costs of conventional power plants are rising. At the same time, the levelized costs of electricity, particularly for photovoltaic plants, have continued to fall.
The levelized cost of hydrogen (LCOH2) made from renewable electricity is set to fall faster than estimated, driven declining solar PV electricity costs according to BloombergNEF.
A coordinated phase out from lignite in Germany, Poland, and the Czech Republic favours power consumers and climate, according to a new study.
New Government figures indicate that large-scale solar will be lowest cost deploy and maintain over the next two decades.
As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritize clean energy in economic recovery packages and bring the world closer to meeting the goals of the Paris Agreement.
Setting a price on CO2 works better than limiting the amount of emissions, renowned scientists say.
