IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Trina Solar has been manufacturing its 500 W modules for a month now and plans to increase module output to more than 600 W in the future.
Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continent. However, the study does flesh out two out of three scenarios in which becoming carbon-neutral by 2050, or even 2040, could be possible.
German industrial giants Uniper and Siemens are working together to advance the use of green hydrogen and replace conventional, gas-fired hydrogen production plants.
Analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
Many solar factories in China are starting to resume production, suggesting that concerns about supplies of PV components could soon begin to ease. Nevertheless, the temporary standstill will have an impact on the global solar market, as the implementation of some projects will probably be postponed until next year.
Wind power generated 45.8% of German electricity in February. Solar power contributed 4.2%, while lignite usage hit a new low.
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