My Way To Solar

Italy: In Q1 2024, utility-scale solar grows 373%.
In Q12024, the Italian solar industry added more than 1.7GW of solar PV capacity, a notable increase over the same time in 2023.
The largest rise, up more than 373% from Q1 2023, was seen in the utility-scale sector. During the first three months of this year, 579MW of new utility-scale PV was installed, as opposed to 123MW during the same period in 2023.
Eight new projects, all larger than 10MW were the main contributors to this growth.






Read more:
www.pv-tech.org/italy-utility-scale-solar-grows-373-in-q1-2024
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Solar photovoltaic energy: the world's fastest-growing source of electricity in 2023!
According to Ember's fifth annual Global Electricity Review, solar power is set to grow by 23% in 2023, making it the fastest-growing source of electricity for 19 consecutive years.
Due to a record peak in installations, solar power is expected to increase significantly in terms of production again in 2024.





Read
www.pv-tech.org/solar-pv-was-worlds-fastest-growing-source-of-electricity-generation-in-2023/
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Half of India's 70 GW of renewable energy tenders for fiscal year 2024 will come from Solar PV!!
This is a fourfold increase over 2023 when only 10GW of capacity was ultimately allocated, while 2024's capacity tender exceeded the government's 50GW target. It is anticipated that tenders will once more exceed the 50GW government cap in FY25, with capacity awards projected to rise even further.






Read
www.pv-tech.org/india-tenders-70gw-utility-scale-renewable-energy-fy-2024-half-from-solar-pv/
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India: 6.2GW of PV in March 2024!! #
The solar photovoltaic capacity added in a single month is almost as much as the 7.5 GW of installed capacity in India in 2023.






Read more:
www.pv-tech.org/india-installs-record-6-2gw-solar-pv-march-2024/
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Australia: 6GW renewables tender in May.

Next month, the government of Australia will open bids for 6GW of renewable energy projects under the expanded Capacity Investment Scheme (CIS). It will be the biggest renewables tender ever held in the history of the nation.

Around 2.2GW of dedicated capacity for projects in the state of New South Wales (NSW) under its Reliable Renewables Plan will be included in the auction, which is scheduled for late May.
Additionally, the state of South Australia will guarantee at least 300MW of capacity.






Read
www.pv-tech.org/australia-to-launch-largest-ever-6gw-renewables-tender-in-may/
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By 2023, Australia has added 2.9 GW of rooftop solar power, bringing its total installed capacity to over 20 GW.
Last year marked the first time the industry generated more than 10% of Australia's total electricity!






Read
www.pv-tech.org/australia-adds-2-9gw-rooftop-solar-in-2023-total-installed-capacity-surpasses-20gw/
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In March, the EPBD Energy Performance of Buildings Directive was approved by the European Parliament.
The European Commission said each member state will need to reduce the average primary energy use of residential buildings by 16% by 2030 and 20-22% by 2035.
For non-residential buildings, member states will need to renovate 16% of worst-performing buildings by 2030 and 26% by 2033. However, historic buildings or holiday homes can be exempted from the obligations. Historic structures or vacation residences, however, may be free from the requirements.






Read more:
www.pv-tech.org/eu-adopts-rules-requiring-solar-installations-and-zero-emissions-in-buildings/
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By the end of 2023, Poland had installed solar PV capacity totaling more than 17GW, according to the Polish research organization Institute for Renewable Energy (IEO).
With 17GW installed, solar has the biggest PV capacity, followed by wind (9.4GW) and hydro (0.97GW).







Read more:
www.pv-tech.org/polands-installed-solar-capacity-exceeds-17gw/
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In 2023, Spain added 5.6GWp of ground-mounted solar PV.
According to Red Eléctrica, Spain's transmission system operator, 5.6GWp of ground-mounted capacity will be built in 2023, a 28% increase above 2022 levels.
By the end of 2023, Spain had more than 25.5GWp of installed solar PV capacity, accounting for 20.3% of total power generation.






Read more:
www.pv-tech.org/spain-added-5-6gw-of-ground-mounted-solar-pv-in-2023/AdobeStock_
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Belgium has 1.8GWp of solar capacity!
According to the Belgian energy group Energie Association, the country added 1.8GWp of new solar power last year, shattering the previous record established in 2022 with 1.3GWp of capacity and increasing the country's overall operating solar portfolio to 9.9GWp.







Read more:
www.pv-tech.org/pv-data-belgium-breaks-solar-records-2023-questions-2024/
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Japan establishes feed-in rates for residential and C&I PV installations.
According to Japan's Ministry of Economy, Trade, and Industry, household solar PV systems with a capacity of less than 10kW will receive a FiT of JPY16 (US$0.11) per kWh in 2024 and JPY15 per kWh in 2025.







Read more:
www.pv-tech.org/japan-feed-in-tariffs-2024-2025/
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Poland will invest US$16 billion in new transmission lines by 2034, supporting 45GW of solar PV.
Utility-scale PV projects would account for around 20GW of capacity, while rooftop solar would account for 25GW.






Read more:
www.pv-tech.org/poland-to-invest-us16-billion-in-new-transmission-lines-by-2034-supports-45gw-of-solar-pv/
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By 2030, the floating solar market will reach $216 million, up 29.6% from now.
The global floating solar panels market was valued at US$ 35.1 million in the year 2023 and anticipates an expansion at a compound annual growth rate (CAGR) of 29.6% during the forecast period from 2023 to 2030.

Photovoltaic (PV) floating systems are systems that are mounted on floating structures on the surface of a body of water, like reservoirs, canals, or even oceans. They offer several advantages over traditional land-based solar PV systems, including:
- Increased land use efficiency: Solar floating systems don't require land, which is a valuable resource in many areas. This makes them a good option for countries with limited land availability.
- Improved energy production: The cooler water environment can increase energy production from the solar panels. Additionally, the water surface can reflect sunlight back onto the panels, further boosting their efficiency.
- Reduced water evaporation: Solar floating systems can help to reduce water evaporation by providing shade to the water surface. This can be a significant benefit in areas with water scarcity.
- Reduced environmental impact: Solar floating systems can help mitigate the environmental impact of traditional solar PV systems, such as habitat loss and soil degradation.






Read more:
www.coherentmarketinsights.com/industry-reports/global-floating-solar-panels-market
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India aims to install 30GWp of solar on individual rooftops.
The Indian government has approved a program worth 750 billion rupees (approx. USD 9.045 billion) for small rooftop systems.
The initiative for solar systems on buildings gives financial assistance of 60% of the system cost up to a maximum output of 2kWp. Furthermore, 40 percent of the expenditures are covered for systems with an output of 2 to 3kWp.








Read more:
www.pv-magazine.de/2024/03/04/indische-regierung-bewilligt-84-milliarden-euro-programm-fuer-kleine-dachanlagen/
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US: 36.4 GW in 2023!!

According to the US Energy Information Administration (EIA), developers plan to add roughly 63 GW of utility-scale energy generation in the United States by 2024, with the majority coming from solar and batteries. It states that the country added approximately 36.4 GW of solar in 2023.

The Energy Information Administration (EIA) is an autonomous department within the United States Department of Energy. It is the primary agency under the United States Federal Statistical System in charge of collecting, analyzing, and disseminating energy data.







Read more:
www.pv-magazine.com/2024/02/19/us-utility-scale-solar-capacity-additions-hit-36-4-gw-in-2023/
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TEXAS: 16.7GW of solar electricity!!

Tuesday, February 13 proved to be a record-breaking day for the Texas solar sector, with tracker GridStatus.io stating that the Electric Reliability Council of Texas (ERCOT) grid generated a peak of 16.7GW of electricity from solar sources at 10:05 a.m. local time, the highest on record.

The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which distributes power to more than 25 million Texas consumers and accounts for 90% of the state's electric load.








Read more:
www.pv-tech.org/texas-solar-generation-record-peak-16-7gw/
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The EU wants to lower greenhouse gas emissions by 90% by 2040.

According to a European Commission declaration, the EU wants to reduce net greenhouse gas emissions by 90% by 2040 compared to 1990 levels.









Read more:
www.pv-tech.org/eu-plans-90-cut-to-greenhouse-gas-emissions-by-2040/
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Italy: €1.7 billion in 1GW of agrivoltaics projects!!

The Italian Ministry of the Environment and Energy Security (MASE) has issued a decree to allocate €1.7 billion to the development of over 1GW of agrivoltaics (agriPV) projects.

Agrivoltaics is the process of using land for both agricultural food production and photovoltaic electricity production.
In this way, agrivoltaics boosts land efficiency and allows for the spread of PV while retaining arable area for agriculture.











Read more:
www.pv-tech.org/italy-to-put-e1-7-billion-behind-1gw-of-agrivoltaics-projects/
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Happy New Year to all of our Chinese friends!!!

Here's to a vibrant and groundbreaking year for the solar industry, powered by innovation and positive change.










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Solar will drive EU power generation growth in 2024.

According to research firm Rystad Energy, Europe's solar power generation is likely to climb by 50 TWh this year as capacity installations increase across the continent, with Germany leading the way.

Rystad Energy is an independent research and business intelligence firm that provides clients with data and insights that enable better decision-making.








Read more:
www.pv-tech.org/solar-to-lead-eu-power-generation-growth-in-2024/
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Europe signs PPAs for 16.2GW of renewables in 2023, including 10.5GW of solar.

Swiss financial analyst Pexapark has released its most recent analysis on the European renewable power purchase agreement (PPA) industry, revealing that European customers signed contracts for a record 16.2 GW of clean power in 2023.









Read more:
www.pv-tech.org/europe-signs-ppas-for-16-2gw-of-renewables-in-2023-including-10-5gw-of-solar/
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Renewables will account for more than 1/3 of worldwide electricity output by 2025. This rise is primarily attributable to PV!!








Read more:
www.pv-magazine.de/2024/01/24/erneuerbare-machen-2025-mehr-als-ein-drittel-der-der-globalen-stromerzeugung-aus/
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France set in 2023 a new record for PV expansion, with 3.13GWp.

According to the information given by power grid operator Enedis on its open data website, 921MWp of new solar systems were connected to the French grid in the 4th quarter of 2023. This raises the overall output of solar systems connected in 2023 to 3.13GWp, a 30% increase over 2022.









Read more: www.pv-magazine.de/2024/01/18/neuer-rekordzubau-von-3135-megawatt-photovoltaik-in-frankreich-2023/
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Germany: around 570,000 new solar storage systems were installed in 2023.
The number of solar storage systems increased to over 1.2 million last year. This was reported by the German Solar Industry Association.









Read more:
https://www.pv-magazine.de/2024/01/17/mehr-als-570-000-neu-installierte-photovoltaik-speicher-in-2023/
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Italy: 30.6 TWh of electricity from solar plants in 2023!
According to Terna, Italy's transmission grid operator, the solar sector generated 10.6% more electricity than the previous year!










Read more:
www.pv-tech.org/italy-generates-record-30-6twh-of-electricity-from-solar-projects-in-2023/
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Panama will launch a 500MW renewables and energy storage auction.

The national secretary of energy and the state-owned power transmission business, Empresa de Transmisión Eléctrica SA (ETESA), will hold a bidding process in the second quarter of 2024 for 500MW of capacity. The application will be available in February of this year.









Read more :
www.pv-tech.org/panama-to-launch-500mw-renewables-and-energy-storage-auction/
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Germany: 36.6 GW on C&I
On the German rooftops of Commercial and Industrial (C&I) facilities, there is huge potential for photovoltaics: if all C&I roofs were fully utilized, systems with a total output of 36.6 GW could theoretically be installed. The analysis was carried out by Garbe Industrial Real Estate, a provider of commercial property.










Read more :
www.pv-magazine.de/2024/01/10/gewerbedaecher-bieten-photovoltaik-potenzial-von-37-gigawatt/
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In 2023, India installed 12.9GW of renewable energy generation capacity, with solar PV accounting for more than 10GW of that total.
The country's total renewable energy capacity now stands at 133.89GW, according to the Ministry of New and Renewable Energy (MNRE), with solar accounting for almost 55% of the total.









Read more :
www.pv-tech.org/indian-solar-pv-additions-down-28-in-2023-as-utility-scale-segment-lags/
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