Skip to content

The path beyond 5 TW

With the COP28 climate summit in Dubai resulting in a pledge of at least 11 TW of renewables generation capacity by 2030, Bruce Douglas, chief executive officer (CEO) of the Global Renewables Alliance (GRA), examines the outcomes of the conference and their likely impact on the solar industry.

2

Weekend read: ‘Solar crime’ on the rise

With copper prices rising, inflation driving up the cost of living, and organised criminal gangs stepping up operations in the United Kingdom and across Europe, solar project owners need to be more conscious than ever of security, reports Max Hall.

Solar-powered synthetic kerosene could be vital bridge to zero-emission flying

A study of the investment and innovation needed to achieve the European Green Deal’s aviation ambitions has highlighted the key role that synthetic fuel can play until hydrogen and electric flights become a reality.

2

IRENA highlights solar critical to ASEAN energy transition

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics the International Renewable Energy Agency has estimated it will require to achieve a net zero carbon energy system by 2050.

Cape Town tenders for solar in bid to escape dependence on troubled utility

The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.

1

Chinese power rationing affects solar module production

China installed 37.73 GW of solar in the first seven months of this year, according to official estimates. JinkoSolar said it is struggling to cope with power rationing in Sichuan province, while Shunfeng said it expects to record a hefty net loss for the first half.

1

Record solar investment keeping Chinese economy afloat

Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.

Solar power costs continued to fall in 2021, despite rising panel prices

The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.

17

Vietnamese government fears legal action from solar investors

The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.

No let-up in sight for polysilicon price hikes

A prominent analyst in China expects the price of the solar panel raw material to pass CNY 300 (AU$65.5) per kg soon and says the sky-high prices will continue at least through September.