News

£3000 A Year Electricity Bill Drives UK Solar Panel Sales Soar

The UK's independent energy regulator Ofgem has announced that from 1 October 2022, the default electricity price cap will increase to $4,183 (£3,549). The price is up 80 percent and 178 percen...

Switzerland Seeks Rapid Solar Expansion To Boost Winter Power Supply

Switzerland is preparing to take steps to support the rollout of solar energy, including solar roof requirements for new buildings, to avoid an impending power supply bottleneck in winter. The Fede...

U.S. Households May Install New PV Equipment This Year To Lower Electricity C...

U.S. households will install a record number of photovoltaics this year to help reduce electricity costs, according to an analysis by BloombergNEF. Residential PV will add about 56GW in 2022, with ...

Strong Recovery? Good News For The U.S. Photovoltaic Industry

Recently, there have been frequent reports of good news in the US photovoltaic industry! The American Solar Energy Industry Association released a roadmap that includes plans to significantly expan...

Acknowledging That It Can't Be Done, Copenhagen, The Capital Of Denmark, Has ...

Copenhagen, which had aspired to become the world's first "carbon-neutral" capital, abandoned that "magnificent" goal. On August 24th, the mayor of Copenhagen, Denmark, Soph...

Energy Development in Africa: Renewable Energy May Be The Icing On The Cake

Later this year, the African Union will present a five-page document at the 27th Conference of the Parties on Climate Change (COP27) highlighting the benefits of developing a low-carbon oil and gas...

Australia's New Energy Solar To Collapse After $245m Sale Of US Portfolio

New Energy Solar Ltd(ASX:NEW) has agreed to sell its US solar portfolio to an associate of financial services group Goldman Sachs (NYSE:GS) in a $244.5 million (€244 million) deal that will lead to...

Vietnam Proposes Five Ideas For Future Energy Transition, And Carefully Desig...

The energy sector plays a vital role in achieving net zero emissions by 2050, and Vietnam urgently needs to promote a green transition in its energy mix. Therefore, Vietnam needs financial and tech...

Neoen Powers First 100MW Of Queensland's 400MW Solar Project

Australia's Queensland state government said on Thursday (August 18) that the country's largest 400-megawatt solar power plant has the capacity to send more than 100 megawatts of electricit...

U.S. Customs Has Seized More Than 3GW Of Solar Modules Under The Xinjiang-rel...

Under the U.S. Frontier-Related Act (UFLPA), U.S. Customs has detained a large number of imported solar modules. Philip Shen, managing director of ROTH Capital Partners, said an industry source rep...

Electricity Prices Are Soaring! Residential Solar System Sales Surge in This ...

Electricity prices in Israel rose by 8.6% in early August, after a 2.2% increase in electricity prices, and in addition to the rise in global oil prices, it is expected that electricity prices will...

The United States Is Facing A Surge in Photovoltaic Installations in The Seco...

Although only 4.2GW of utility-scale photovoltaic power plants were installed in the United States in H1 in 2022, a sharp drop from the same period last year, the analysis shows that the United Sta...