Introduction 2021 was a brilliant year for renewable energy installation despite the second year of the COVID-19 pandemic. In that year, the global renewable energy addition experienced a 9.1% increase compared to 2020. The biggest […]
The PV module price has had a sharp decline since 2010 so that it has dropped more than 80% over the last decade [1]. This drastic decline is partly due to the constant pressure on […]
Global offshore wind installation has increased by 47% during 2020. According to the Offshore Wind Project Intelligence report published by the British wind energy trade body, the total capacity of offshore wind projects worldwide that […]
Before the COVID-19 outbreak, Wook Mackenzie and IHS Markit have estimated that 2020 could be a good year for solar installation around the globe. They have forecasted 125 GW and 142 GW global annual solar […]
Making PV modules with a larger wafer size has become one of the hot topics and market trends in the solar market and industry in 2020. This has led to an intense competition between two […]
Among different types of power generation technologies, nuclear power is one of the most expensive. During the last five years from 2015 – 2019, the Levelized Cost of Electricity (LCOE) for nuclear power has risen […]
The 2020’s top 10 solar PV Engineering, Production and Construction (EPC) company list compiles a list of companies working in the solar energy worldwide and ranks them based on the installed capacity. According to the […]
China has a dominant position in both the annual and the cumulative solar photovoltaic (PV) installed capacity. This dominance has been there from 2013. In 2017, China accounted for more than half the global solar […]
The cumulative capacity of renewables accounted for almost two-fifths of the total power generation capacity of the world in 2019. This cumulative capacity reached 2455 GW in 2019 with the shares of solar, wind, and […]
The 2019 added capacity for all types of power generation technologies reached 265 GW, where the share of solar power was much bigger than other technologies. Solar power technology is constituent of 45% of new […]
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