Set to Boom in the Coming Years After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020. CPV installations are projected to rise to 1,362 megawatts in 2020, up from 160 megawatts in 2013, …
Read More »Tag Archives: Watt
Recession? Big Energy Efficiency Service Companies Skipped It
Energy efficiency’s largest players grew, even as the economy lagged in recent years. And they show no signs of slowing down, says a new report distributed by the National Association of Energy Service Companies. Revenue growth averaged nine percent annually from 2009 to 2011 for large energy efficiency service companies, or ESCOs, according to the report, prepared by the Department …
Read More »Students Debut “Volts Wattson” Electric Car
Conversion of a ’71 Volkswagen Bug into an all-electric vehicle – the first known freeway worthy, 100+ mile range plug-in retrofitted by high school students Last week, a group of Santa Monica High School students of the environmental science and advocacy group, Team Marine, finished their gas-to-electric car conversion project. Working for four years on a 1971 red convertible Volkswagen …
Read More »Innovative Program “Cracks The Code” For Residential Solar Power
Unique Program Reduces Costs for Customers by About $7500 Each, Making Solar Power More Affordable and Attractive To Homeowners The Clean Energy Finance and Investment Authority (CEFIA) and SmartPower released today a report that reveals a proven model for dramatically reducing the cost barrier that has stood in the way of wide-scale adoption of residential solar power in the United …
Read More »Japan’s Zero Nuclear Power Issue Triples PV Market Demand in 2013
Regular inspections have been conducted on the No.4 reactor at the Oi nuclear power plant. However, delay on the inspections has once again led to Japan’s “zero nuclear power” status. Since nuclear power is still the major source of base-load electricity while other units are still applying for re-activation, it’s estimated that it will take at least half a year …
Read More »US Reaches Milestone of 10 Gigawatt Solar Photovoltaic Capacity
Santa Clara, Calif. (July 9, 2013)—Solar photovoltaic (PV) installations in the US have now broken through the 10 gigawatt (GW) barrier, following strong market deployment since the start of 2010. During the first half of 2013, more than 1.8 GW of new solar PV capacity was installed in the US, according to the NPD Solarbuzz North America PV Market Quarterly report. “The …
Read More »Solar Panels Holding Up Over Long Term Use
Solar Modules Prove Long-Term Reliability in Colorado Mountains KYOCERA modules continue performing efficiently after 10 to 22 years in the field Kyocera Solar Inc. today announced that its solar modules installed on three individual sites in Colorado’s Rocky Mountains have demonstrated long-term reliability and longevity despite extreme circumstances including a racking failure, high irradiance, freezing temperatures and heavy snow for …
Read More »Growth of Global Solar and Wind Energy Continues to Outpace Other Technologies
New Worldwatch Institute study examines the global market for solar and wind energy production Global use of solar and wind energy continued to grow significantly in 2012. Solar power consumption increased by 58 percent, to 93 terrawatt-hours (TWh), and the use of wind power increased by 18 percent, to 521 TWh. Although hydropower remains the world’s leading renewable energy, solar …
Read More »Investing In Solar Power – Crowdsourced
Mosaic’s Biggest Solar Project Ever Tops $1M Invested from 823 Individuals in 42 States Solar Asset Class Beats Treasuries with 4.5% Est. Annual Returns With the carbon dioxide level at its highest in human history and more than half the population worried about climate change (Gallup poll), many Americans are looking for an easy way to minimize their carbon footprint …
Read More »PV Storage Booming
PV Storage Market Set to Explode to $19 Billion in 2017; Germany leads Again The worldwide market for PV storage is forecast to grow rapidly to reach $19 billion in 2017, from less than $200 million in 2012, according to a new report entitled ‘The Role of Energy Storage in the PV Industry’ from IMS Research, now part of IHS …
Read More »European Solar Module Prices Rise for the First Time in Four Years
Reflecting a major shift in the global solar market after four years of severe erosion, prices for photovoltaic (PV) modules in the key European market are rising due to number of factors—including the newly restored balance between supply and demand. The average selling price (ASP) for Chinese crystalline silicon (c-Si) PV modules shipped to the European Union increased by 4 …
Read More »Utilities Honored For Solar Power Use
Annual Top 10 List Ranks Utilities by Megawatts and Watts-Per-Customer of Installed Solar Electricity Capacity Top10-USC2013The Solar Electric Power Association (SEPA) today named the Top 10 American electric utilities that have added the most new solar power to their systems and the most solar on a watts-per-customer basis in 2012. This annual ranking, which identifies the companies that are integrating …
Read More »Big Jump in US Solar Market – Up 76%
U.S. Solar Market Grows 76% in 2012; Now an Increasingly-Competitive Energy Source for Millions of Americans Today GTM Research and the Solar Energy Industries Association® (SEIA®) today released U.S. Solar Market Insight: Year-in-Review 2012, the definitive analysis of solar power markets in the U.S. With another record-breaking year, solar is the fastest growing energy source in the U.S., powering homes, …
Read More »American Wind Power Installed Record New MW Last Year
The U.S. wind energy industry had its strongest year ever in 2012, says the American Wind Energy Association (AWEA), installing a record 13,124 megawatts (MW) of electric generating capacity, leveraging $25 billion in private investment, and achieving over 60,000 MW of cumulative wind capacity. The milestone of 60,000 MW (60 gigawatts) was reached just five months after AWEA announced last …
Read More »Solar Power Efficiency To Improve Due to Competition?
Efficiency improvement remains the key, Metal Wrap Through (MWT) technology ready to take the market According to EnergyTrend, a research division of TrendForce, solar cell and module manufacturers will be more active in improving product efficiency under the pressure of both installation costs and subsidy cut. As for new technologies, MWT technology has been generally appreciated by related industries; it …
Read More »Are Oil Companies Hindering Development of Hydro Technology?
We are at one end, striving to get the basic necessities of life and there are people, on the other end, craving for opportunities to multiply their millions. The disparity in the distribution of wealth is gigantic. This scenario creates problems for common people almost everyday. The elite class uses every possible means to make more and more profits, even …
Read More »Solar Downturn Spreads to BOS Sector
According to EnergyTrend, the green energy research division of TrendForce, the demand in PV market remained sluggish. Outlook for September appears bleak, and the expected demand rebound may not occur. On the other hand, shrinking end-market subsidies has affected the return on investment (ROI) of solar systems. Manufacturers and makers have become less flexible when it comes to cost control …
Read More »Solar Panel Orders Look Bleak For August
Anti-Dumping Cases between U.S., China, and Europe Render August European solar companies jointly filed an anti-dumping complaint to the EU against Chinese solar firms. In the meantime, the Chinese government is debating launching an anti-dumping investigation on multi-Si product imports from foreign companies. To top it all off, the United States’ final ruling on the anti-dumping and anti-countervailing cases will …
Read More »Solar Wafer and Cell Prices Remain on Slight Uptrend, Q3 Shipments Dependent on Market
According to EnergyTrend, a research division of TrendForce, affected by economic instability in the eurozone, some European power plant investments have not progressed on schedule. Furthermore, Q3 order expectations were initially high, but prospects have changed after the conclusion of the Intersolar Europe exhibition. Although there have not been significant alterations to orders with Taiwanese manufacturers, and suppliers indicate all …
Read More »Solar Panels Dumping Decision
Anti-dumping and Anti-countervailing Decision Unexpected, Manufacturers Treading Carefully Last Friday’s (May 18) results for the preliminary ruling on the U.S. anti-dumping and anti-countervailing case against China were not what the PV industry expected, and Chinese manufacturers were caught off guard by the news, resulting in delayed price negotiations for June. According to EnergyTrend, a research division of TrendForce, related vendors …
Read More »