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cost of solar panels

20% Of Global Power On Summer Solstice Came From Solar: Report

Energy think-tank Ember estimates that today, across the midday peaks on the summer solstice – 20% of the world’s electricity will come from solar, up from 16% last year.  “At 20% share, solar is now a serious global electricity source,” said Kostantsa Rangelova, electricity analyst at Ember. “ Battery costs have collapsed, meaning solar power […]

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China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER

A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […]

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Solis Gears Up To Unveil Pioneering Inverter Solutions at SNEC and Intersolar Europe

With two of the world’s biggest PV shows this month, its hectic time at  Ginlong (Solis) Technologies, the world’s third largest PV inverter manufacturer. Solis, which has leapfrogged into the global top 3 post 2022, is showcasing its cutting-edge storage and inverter solutions at SNEC (Shanghai, June 13 – 15) and Intersolar Europe (June 19 […]

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Solar Buyers Should Be Reassured With These Test Results

In a world with planned obsolescence and firms going belly-up without warning, it’s reasonable to be a little cautious when it comes to buying technology. Solar is no exception to this rule, with naysayers of the technology pointing to solar panel degradation rates, claiming that the technology won’t be efficient enough to justify the cost […]

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Ecofy Joins Forces With Luminous To Accelerate Solar Adoption

Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects. With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make […]

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Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme

Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing options available for solar power projects. Through this collaboration, SBI […]

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How QCell Can Make Solar Module Production Sustainable?

Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […]

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Sunniest Countries Failed To Tap Solar Power: EMBER

Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […]

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This Startup Looks to Displace Batteries with Hyper-Efficient Solar Panels

Europe’s Exeger’s Powerfoyle are a new line of hyper efficient dye-sensitized solar cells (DSSC) that aim to make indoor solar a reality. These low-cost, high-efficiency and flexible cells might soon make their way into our devices. In fact, it’s already in a few. Founded in Stockholm, Sweden, Exeger’s factory spews out 2.5 million square meters […]

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