ScottishPower Renewables’ Post

Construction in renewable energy projects is crucial for transitioning to sustainable energy sources. It involves building infrastructure for solar, wind, and other renewables, significantly increasing generating capacity and contributing to environmental sustainability. ScottishPower Renewables

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

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

What’s a Solar Power-purchase Agreement (PPA)? A #solar PPA is a financial arrangement that enables a customer to spread out the cost of a #SolarSystem over time instead of purchasing it all at once. - - - - - #SolarEnergy #Renewables #Connecticut #GoSolar #SolarForAll #Energy

Solar PV installations have surged; increasing by 40% over the past 5 years and 15% in the last year alone.🌞🌞 Almost half of the UK’s electricity now comes from renewables (primarily wind and solar power). Encouraging findings from Logic4training and great to see the shift towards sustainable energy. 🌍🌱 #Renewables #RenewableEnergy #SolarPower

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

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

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

The operational #power demand for South #Australia on 3rd Aug 2024 afternoon saw record dip. Major power demand was supplied through rooftop solar which contributed 59.7%. This shows how distributed energy resources cannot only help in overcoming risks related with central procurements but also #decarbonize the energy sector. Source: Australian #Energy Market Operator #solar #renewables #power

We have the right experts Syed Faizan Ali Shah, PMP®, P.E., MSc Elect Eng at the right time and at the right places. I following graph shows worry and opportunity at the same time. The worry is if electricity demand continuously goes down then it puts immense pressure on utilities and the electrical grid to maintain sustainable power for their customers. The opportunity is a combination of new business requirements for more pivoting new models and innovations to capture curtailed electricity at the lowest possible costs.