BloombergNEF’s Jenny Chase has surveyed the state of affairs in world solar for clean energy journal Joule and said the technology’s historic ability to surmount obstacles – and persistently confound analysts’ predictions – should offer a reason for hope.
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.
The U.S. manufacturer has started building its third Ohio production base and has also begun ordering equipment to kit out its first factory in India.
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
A report by BloombergNEF and Schneider Electric makes the case for governments to unlock huge rooftop solar potential, citing California’s solar mandate as a shining example.
A renewables investment report from BloombergNEF noted record growth for solar projects as wind power investment eased. A 1.8% yoy rate of growth was cause for concern, however.
Daqo expects another 180-220,000 metric tons of poly production lines to appear next year, enough to supply 240-250 GW of solar modules and 200-210 GW of generation capacity.
The nation produced 57% more solar cells in the first half of this year than in the same period a year earlier.
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