PES Wind’s Post

Did You Know? In 2023, spot prices for solar PV modules declined by 50% year-on-year, with manufacturing capacity reaching three times 2021 levels. Also, in 2023, 96% of newly installed, utility-scale #solar PV and onshore wind capacity had lower generation costs than new coal and natural gas plants Source: International Energy Agency (2023) - #Renewables Report

UK annual solar deployment has increased from around 730MW in 2021 to 1.7GW in 2023, bringing the 85GW required in the CCC's Balanced Net Zero Pathway within reach. A great example of how ambitious targets are often achievable. Deployment figures from DESNZ, Solar Energy UK and Solar Power Portal. #solar #renewables

In April alone, electrical generation by renewables grew by 13.5% compared to April 2023 and reached 31.0% of the U.S. total #renewables #solar #windandsolar

Germany wraps up ‘innovative’ tender with average price of €0.0709/kWh: Germany has concluded a new renewables tender, securing 583 MW of capacity at an average price of €0.0709 ($0.0771)/kWh. #Renewables #Energy #Technology

According to the latest U.S. Solar Market Insight report from Solar Energy Industries Association and Wood Mackenzie, the number of #commercialsolar installations in the U.S. is soaring. After experiencing record-breaking growth in 2023, new commercial PV capacity is expected to grow an additional 19% in 2024 as distributed generation (DG) projects continue to come online. Curious to learn why so many C&I owners are choosing to install solar PV on their facilities? Get in touch with our commercial solar experts through our website to start a conversation: https://lnkd.in/euChYJKw #solar #renewables #cre #industrialrealestate #distributedgeneration

I saw this graph in a Statista publication which illustrates the cumulative installed capacity of wind power worldwide in 2023, by country in megawatts. The issue with our manufacturing/engineering industry's capacity to support this sector becomes very obvious when you consider the international renewables supply chain is well developed. Can we respond to the growing demand in enough time to retain investment in Scotland, or will it be out-sourced to the international market? #Renewables #NetZero #Manufacturing #OffshoreWind #OnshoreWind

The future of energy is increasingly radiant with #solar power's projected trajectory. The forecast from BMI Country Risk & Industry Analysis anticipates a robust annual growth rate of 13.9% over the coming 10 years. As financing and policy frameworks become more favourable, solar energy is set to comprise 45% of the non-hydropower renewables mix by 2032. Read the full analysis: https://ow.ly/Qcwn50QqZB4 #ConnectedThinking #Renewables #EnergyOutlook

Renewables Hit 30% Of Global Power Renewables like solar and wind reached a record 30% of worldwide electricity generation in 2023, a “critical turning point” hailed by experts. The growth was driven by China, Brazil and others rapidly deploying wind and solar. Read More: https://lnkd.in/eYxfHayR #Renewables #solar #makingsenseofsolar

Solar power is expected to become an increasingly important source of electricity, especially in developing countries. Renewables are expected to become the largest source of electricity generation by 2025 #renewable #renewableenergy #gogreen #solarpanel #solar #solarenergy #renewables

Solar power is expected to become an increasingly important source of electricity, especially in developing countries. Renewables are expected to become the largest source of electricity generation by 2025 #renewable #renewableenergy #gogreen #solarpanel #solar #solarenergy #renewables