Max Hall
Solar the energy workhorse in latest gloomy IPCC verdict
Photovoltaics can wipe out 4.25 billion tons of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.
World will need 5.2TW of solar this decade to avoid climate breakdown
The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’
IHS Markit: Battery prices won’t fall until 2024
Business data analyst IHS Markit published a series of clean tech predictions for the year that also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.
‘The major solar players will shift from PERC to TOPCon’
US analyst Clean Energy Associates made some notable predictions in its Q4 survey of the world solar manufacturing market, including echoing predictions made elsewhere that the new polysilicon production capacity coming online now will help arrest the spike in solar panel prices.
Solar tracker manufacturers can expect a boom in the US through 2025
Data company IHS Markit expects almost nine out of ten big solar projects in the Americas over the next three years to be tracker mounted. More than a terrawatt of new solar will be added from this year to the end of 2025, the analyst predicted.
SolarEdge reports record-breaking revenue
The Israeli inverter and energy storage company appears to have weathered the Covid-19 crisis, with company CEO reporting record revenues for the final three months of 2021 and the full year.
‘Solar and wind deployment could not now be stopped if we wanted to’
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.
Solar supply chain trouble to ease this year, according to analyst
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.
Shell buys solar and storage company Savion
The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline that reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.
Record solar numbers expected this year but IEA highlights pricing concern
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.
