According to the International Renewable Energy Agency (IRENA), achieving the global target of 11TW of renewable generation capacity by 2030 is attainable. However, it will require substantial efforts to overcome structural barriers to global energy transition. Key actions, as identified by IRENA, include the modernization and expansion of infrastructure, the scaling up of financing, and …

IRENA: scaling up financing and modernising infrastructure can triple renewables generation capacity Read More »

Generadora Metropolitana, a Chilean energy developer jointly owned by French utility EDF and Chilean independent power producer AME, has initiated the energization process for a 480MW solar PV plant located in Chile. According to Diego Hollweck, the general manager at Generadora Metropolitana, the CEME1 project, situated in the region of Antofagasta, renowned for its exceptionally …

Generadora Metropolitana to power 480MW PV plant, Chile’s ‘largest’ Read More »

Solar PV manufacturer Meyer Burger has released its financial results for the year 2023, revealing a significant increase in net loss. The company reported a 318% surge in net loss, reaching CHF 292 million (equivalent to US$330.6 million). In 2023, net sales for the company experienced a decline, falling from CHF 147.2 million in 2022 …

Meyer Burger posts US$330 million net loss for FY2023 Read More »

According to the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the United States saw a total installation of 32.4GWdc of solar power last year, marking a record-breaking year for all segments except community solar. As per the US Solar Market Insight report jointly released by the two organizations, the United States installed 32.4GWdc of …

US solar installations reach 32.4GWdc in 2023 Read More »

Encavis Asset Management, a German independent power producer (IPP), has recently commenced the construction of a 260MW solar photovoltaic (PV) plant in Germany. Situated in the northern region of Berlin, the construction of what is claimed to be Germany’s second-largest solar photovoltaic (PV) plant is set to take place in two phases. The first phase …

Encavis starts construction on 260MW solar PV plant in Germany Read More »

“Collectively, these advancements offer ground-breaking insights into mitigating energy loss in perovskite solar cells,” said assistant professor Hou Yi (right). Image: NUS Scientists at the National University of Singapore (NUS) have created a groundbreaking triple-junction perovskite/silicon tandem solar cell, achieving a record power conversion efficiency of 27.1% over a 1cm2 area. In recent years, tandem …

NUS researchers develop triple-junction perovskite/silicon cell with conversion efficiency of 27.1% Read More »