US scientists claim PV system owners subsidize their non-PV neighbors

MAST zonnepanelenwand

Researchers at the Michigan Technological University claim to have demonstrated that PV system owners in the United Stated are unjustly subsidizing electric utilities. Their analysis showed that, thanks to rooftop PV, utilities and their non-PV customers can save money from avoided costs for new grid, reserve, and generation capacity, as well as for avoided operation […]

Renewable energy sector accounts for 11.5 million jobs

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On a worldwide scale, the renewable energy sector is responsible for 11.5 million jobs. This is evident from the seventh edition of Renewable Energy and Jobs – Annual Review of the International Renewable Energy Agency (IRENA). Solar energy accounts for about 3.8 million jobs. COVID-19 The IRENA report confirms the long-term growth trend, but also […]

Solar energy most popular energy source in the world

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Solar energy was by far the most important new source of power generation technology worldwide in 2019. No other energy source was responsible for more new installations than solar modules. Solar panels accounted for 45 percent of the world’s newly added electricity generating capacity during last calendar year, according to researchers of Bloomberg New Energy […]

Energy expert Ramez Naam :”World in third phase clean energy thanks to solar energy”

MAST zonnepanelenwand

The price of solar energy has dropped enormously in recent years. Even established institutions such as the International Energy Agency had not anticipated such price drops. Renewable energy expert Ramez Naam is also surprised by this evolution. “The price of solar energy has fallen faster than anyone, including myself, had predicted. Modeling the recent price […]

Global solar capacity may reach 1,448 GW in 2024

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SolarPower Europe has predicted the volume of new PV capacity added this year will be 4% less than last year’s figure because of the Covid-19 crisis. At the end of 2019, the world had topped 630 GW of solar. For 2020, around 112 GW of new PV capacity is expected, and in 2021, newly installed […]