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  • BNEF: Global solar additions could reach 655GWdc in 2024

    2024.02.29

    (PV-TECH: BySimon Yuen)The world could install up to 655GWdc of solar PV capacity this year, up from about 444GWdc in 2023, according to BloombergNEF’s (BNEF) 1Q 2024 Global PV Market Outlook.The report offered multiple scenario about the installed global solar PV capacity, with the conservativ
  • Rystad Energy: world needs to invest $3.1 trillion into grid inf

    2024.02.29

    (PV-TECH: ByJP Casey)Figures from US research firm Rystad Energy suggest that the world will need to invest US$3.1 trillion into electricity grid infrastructure before 2030, if the world is to limit global warming to 1.8 degrees Celsius by 2050.This investment would dramatically expand the worl
  • “No proven commercial model” for co-located solar and storage pr

    2024.02.29

    (PV-TECH: ByWill Norman)“There is a roadblock in getting interconnections [for renewables] passed, and people are looking for alternatives…we need more storage on the grid more quickly,” said Thomas Horgan, systems engineering manager at GE Vernova, at the Energy Storage Summit 2024 yesterday (