Recently, the "Renewable Energy 2023" annual market report released by the International Energy Agency shows that the global new installed capacity of renewable energy in 2023 will increase by 50% compared with 2022, and the installed capacity will grow faster than at any time in the past 30 years. . The report predicts that global renewable energy installed capacity will usher in a period of rapid growth in the next five years, but key issues such as financing in emerging and developing economies still need to be solved. Renewable energy will become the most important source of electricity by early 2025 The report is the first comprehensive assessment of global renewable energy development trends by the International Energy Agency since the conclusion of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). The report shows that the world's newly installed renewable energy capacity will reach 510 GW in 2023. The International Energy Agency predicts that under existing policies and market conditions, global renewable energy installed capacity is expected to reach 7,300 GW between 2023 and 2028. By early 2025, renewable energy will become the world's leading source of electricity. The report predicts that wind and solar power will account for 95% of new renewable energy power generation in the next five years. By 2024, total wind and solar power generation will surpass hydropower; wind and solar power will surpass nuclear power in 2025 and 2026 respectively. The share of wind and solar power generation will double by 2028, reaching a combined 25%. Global biofuels have also ushered in a golden development period. In 2023, biofuels will be gradually promoted in the aviation field and begin to replace more highly polluting fuels. Taking Brazil as an example, biofuel production capacity growth in 2023 will be 30% faster than the average over the past five years. The International Energy Agency believes that governments around the world are paying more and more attention to providing affordable, safe and low-emission energy supply, and stronger policy guarantees are the main driving force for the renewable energy industry to achieve milestone development. Achieving growth targets still requires more policy and financing support “Although the world is moving towards the goal set by COP28 to triple global installed renewable energy capacity by 2030, under current policy and market conditions, renewable energy growth is not fast enough to achieve this goal. ” said Fatih Birol, Director of the International Energy Agency. The International Energy Agency report believes that the global development of renewable energy is unbalanced, especially the slow development of hydrogen energy and bioenergy. Taking hydrogen energy as an example, although many green hydrogen energy projects have been launched in the past 10 years, due to factors such as slow investment progress and high production costs, it is expected ...
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UISOLAR wishes everyone a Merry Christmas and bright happy New Year! May the holidays be full of joy, peace and happiness for all in the upcoming year. So much to be thankful for after a banner year in UISOLAR’s history. We’re grateful for the opportunity to get our UISOLAR family together to celebrate. Here’s to an incredible 2023 for solar technology and accelerating progress and continued collaboration in 2024! As we close out the year, we’d like to express our deepest gratitude to our global team for their hard work . To our esteemed customers and suppliers, thank you for our collaboration. This year was big for our industry so let’s take stock. Happy holidays to you and yours, and to an even brighter 2024!
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Today is Chinese tradional festival “winter solstice”-Small new year, an important day in China. What is special on the day ? The answer is that the daytime lasts the shortest while the night lasts the longest of the year. It means the new round of the solar term, the winter Solstice is the earliest. At this day, People treat it a grand day, they celebrate it. In the north, most prople eat dumplings, while in the south, people have rice dumping and boiled dumpling. Thought people celebrate in a different way, they share the same happiness, family get together and have a big dinner. Winter Solstice gives family a chance to get reunion, the young people go home to have a chat with parents and promote their munication.
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On November 29, more than 400 solar industry companies in Europe launched a joint appeal urging policymakers to stop trade investigations that may lead to the EU imposing tariffs on imported solar products. The call comes ahead of a meeting on Friday between solar industry chiefs, national ministers and EU Internal Market Commissioner Thierry Breton to review measures to bring production back to Europe. Walburga Hemetsberger, CEO of SolarPower Europe, the European photovoltaic industry association, said: "Ahead of Friday's industry roundtable, we received worrying signals that the measures will include an investigation into import and export restrictions." European solar power companies participating in the joint call said signatories include 18 manufacturers and 28 national associations and research institutions. All parties agreed that tariff restrictions should not include imported photovoltaic products. The EU's goal is for the EU's installed solar capacity to reach 600 GW by 2030, approximately three times that of 2022, and deployment needs to be significantly accelerated. The group said tariffs would only slow the process. They also expressed support for restructuring some solar manufacturing to meet the EU's target of 30GW of production capacity by 2025. Previously, the EU set restrictions on the import of Chinese solar panels, cells and silicon wafers from 2013 to 2018. Now, more than 90% of silicon wafers and components come from China. The EU has launched a countervailing investigation into Chinese electric vehicles and will review foreign subsidies in the wind power industry to ensure that clean technology manufacturing takes place in Europe and reduce dependence on China. (This article is compiled from WNEWS247, please indicate the source when reprinting)
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Recently, Tim Buckley, director of the Australian think tank Climate Energy Finance (CEF), said that by the end of 2024 or 2025, solar module prices may reach the threshold of $0.10 per watt. “This would significantly exceed the $0.10 per watt predicted by Dr. Martin Green three years ago.” He added that by the end of the century, new PV installations could already be between 600 gigawatts and 1 terawatt per year. this conclusion. “I am very optimistic about the growth of global PV installations in the coming years. Buckley also pointed out that at a time when investment costs are soaring, the opportunity to invest in deflationary solar is a huge positive, reducing pressure on the cost of living and improving energy security. Buckley said price pressure will increase globally due to the dizzying capacity increases announced by the solar industry, although he questioned the International Energy Agency's (IEA) recent forecasts in its World Energy Outlook 2023. According to the International Energy Agency, by 2025, the global cumulative installed photovoltaic capacity may reach 2 terawatts. "I think it's ridiculous for the IEA to think that the Chinese will only run their brand new factories 35 percent of the time," he added. “If these new capacities were operational for a full year, the IEA data would be expected to understate annual global PV installations by more than 50%. Buckley estimates that solar panel prices will drop 40% this year. "This will give many investors in the United States, India, the European Union and China good reason to pause or reconsider the financial assumptions on which they have announced large-scale capacity expansions," he said. “In contrast, the U.S. and India both have import tariffs on solar modules that are 40% higher than Chinese products, so they are largely insulated from excessive price competition and have also benefited from a 70% cost drop in polysilicon prices last year save. (This article is compiled from pv-magazine, please indicate the source when reprinting)
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The Scottish government has said that it has committed to installing between 4GW and 6GW of PV systems by 2030, with the support of industry players. According to a document released by the Scottish government, this commitment is dependent on large-scale PV projects delivering appropriate levels of economic and community benefits. Scottish Renewables, a leading renewable energy lobby group in Scotland, welcomed the news in a press release, and the target will be included in the Scottish government's upcoming energy strategy and just transition plan. Helen Melone, senior policy manager at Scottish Renewables, said in her press release that this commitment from the Scottish government is a goal that the association has been calling for for a long time. But she added that the Scottish government must develop a clear plan with key milestones to show how it will achieve them. This plan should cover targets for commercial rooftop PV systems, domestic rooftop PV systems, and ground-mounted utility-scale PV systems, and it must ensure that Scotland's public sector fully utilizes the PV generation potential of its buildings by 2030, she said. In January, the Scottish Government published a draft Energy Strategy and a Just Transition Plan, which is the country's roadmap for realizing its "climate change ambitions". According to the draft plan, the final version is expected to be published in 2023. Industry media have asked the Scottish Government when the final plan will be published, but have not yet received a response. The draft policy states that the Scottish Government wants to achieve a target of installing 20GW of low-cost renewable energy generation by 2030. However, unlike other renewables such as onshore wind, it does not include a specific PV installation target. The draft foreshadows a final version with these milestones specific to PV systems. According to data published by Scottish Renewables, the cumulative installed onshore wind capacity in Scotland was 9GW as of the first quarter of 2023, accounting for more than half of the total cumulative installed renewable energy capacity of 14GW. This compares to the lowest installed capacity of photovoltaic systems installed at 522MW. However, the Scottish Government's Draft Energy Strategy and Transformation Plan indicate a willingness to increase the installed capacity of PV systems. In this draft, the Scottish Government states, "We see a strong role for photovoltaic (PV) systems and for domestic and commercial PV systems combined with battery storage systems, which has the potential to help reduce consumers' electricity bills." The draft document states that the Climate Emergency Skills Action Plan 2020 to 2025, published by the Scottish Government, establishes a framework for creating and supporting the PV industry workforce. The PV industry workforce reportedly has skills gaps in installation and maintenance. The draft also refers to the target it has set to provide incentives from April 2023 ...
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Universe Solar(UISOLAR) is a high-tech enterprise specializing in the development,manufacturing and marketing of PV mounting. With our top quality and service, UISOLAR mountings are welcomed by most of the installers, distributors, and EPC ect. all over the world.
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