Solar is the “new king” of electricity, the International Energy Agency has said, with the asset class set to deploy more new capacity then any other technology each year for the coming decades.
Rooftop PV is set to be the fastest-growing form of new capacity in Western Australia (WA), with renewable energy forecast to reach a minimum of 70% generation capacity by 2040, a new roadmap for the state reveals.
The cost-effectiveness of solar panels as well as new technology that allows households to sell surplus power to the grid will both be explored under two separate initiatives announced by the Australian Renewable Energy Agency (ARENA).
Smoke from wildfires in California caused solar-powered generation in the state to nosedive last month as airborne particles blocked out sunlight, according to the US Energy Information Administration (EIA).
Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years.
South Africa’s solar industry has welcomed new government plans to purchase 6.8GW of additional renewables from independent power producers as of 2022, but warned that an “urgent response” is needed to tackle the country’s ongoing energy crisis.
A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
Ginlong Solis has introduced to the European market its latest utility-scale string inverter. The ‘Solis 255kW-EHV’ high voltage (1500V) inverter is designed to maximize PV power plant yields in the new era of high-performance large-area solar panels including bifacial panels, while significantly reducing plant LCOE (Levelized Cost of eElectricity) costs, compared to central inverters.
US wholesale energy markets will be opened up to distributed energy resources (DERs) such as small-scale solar units and battery storage systems under a new ruling that proponents say will enhance grid reliability and lower costs for consumers.
