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  • EIA: The U.S. PV installed capacity in the first two months of 2022 increased by 35.6% year-on-year!
    May 06, 2022 EIA: The U.S. PV installed capacity in the first two months of 2022 increased by 35.6% year-on-year!
    According to the survey reports released by the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA), the U.S. installed photovoltaics, wind power and other renewable energy sources (ie biomass, geothermal, hydropower) in the first two months of this year. It accounted for 96.3% of the total installed capacity of newly added available energy. U.S. utility-scale photovoltaic systems and wind power installed in the first two months of the year The total installed capacity of the facility is 3,976MW. According to the U.S. Energy Information Administration (EIA) survey report, compared with the same period last year, the installed capacity of photovoltaic systems (including small photovoltaic systems) in the first two months of 2022 increased by 35.6%, and the total installed capacity of wind power and photovoltaic power generation increased by 35.6%. Capacity increased by more than a third (33.8%). Renewable energy capacity, which includes hydro, biomass and geothermal, increased 21.1% in the two months to account for 22.8% of the total new available energy capacity in the United States, up from 19.7% a year earlier. Wind and photovoltaic systems provide nearly one-seventh (14.1%) of U.S. electricity. So far, U.S. renewable energy generation has outpaced coal generation by 2.9%. Renewable energy generation also continued to expand its lead over nuclear power, surpassing 23%. According to data from the Federal Energy Regulatory Commission (FERC), as of the end of February this year, the cumulative installation of utility-scale renewable energy in the United States accounted for more than 26.3% of the total installed energy capacity of the available energy. Over the next three years, utility-scale PV systems will add 58,688MW, not counting other types of PV systems that currently account for nearly 30% of total PV system capacity. The report further states that the installed capacity of photovoltaic systems being planned for deployment in the United States may be as high as 181,577MW. If all of these PV projects come online, utility-scale renewables will account for 31.2% of total U.S. electricity generation by early 2025, with wind and photovoltaics accounting for 12.0% and 10%, respectively. At the same time, the share of coal-fired power generation will fall from 18.3% to 15.1%, and that of nuclear power will drop from 8.2% to 7.9%. Natural gas power generation also fell to 43.0% from the current 44.0%. Ken Bossong, executive director of the SUNDAY Campaign, said, “The latest figures from the two agencies reaffirm the significant growth in installed PV and wind capacity, signaling an accelerating energy transition in the United States, which is deploying even more renewable energy than the agency's forecasts."
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  • IRENA: Global PV installed capacity
    Apr 22, 2022 IRENA: Global PV installed capacity
    According to the 2022 Statistical Report on Renewable Energy Generation recently released by the International Renewable Energy Agency (IRENA), the world will add 257 GW of renewable energy in 2021, an increase of 9.1% compared to last year, and bring the cumulative global renewable energy generation to 3TW (3,064GW). The growth trend of the global installed capacity of renewable energy from 2016 to 2011 Of these, hydropower contributed the largest share at 1,230GW. The global PV installed capacity has grown rapidly by 19%, reaching 133GW. International Renewable Energy Agency: Global photovoltaic installed capacity will "surge" by 133GW in 2021! The growth trend of the global installed capacity of renewable energy from 2016 to 2011 The installed wind power capacity in 2021 is 93GW, an increase of 13%. Overall, photovoltaics and wind power will account for 88% of new renewable energy capacity additions in 2021. Asia is the largest contributor to new installed capacity globally Asia is the largest contributor to the world's new installed capacity, with 154.7GW of new installed capacity, accounting for 48% of the world's new installed capacity. Asia’s cumulative installed renewable energy capacity reached 1.46 TW by 2021, with China adding 121 GW despite the Covid-19 pandemic. Europe and North America added 39 GW and 38 GW respectively, while the US added 32 GW of installed capacity. Strategic Cooperation Agreement of the International Renewable Energy Agency Despite the rapid progress in the deployment of renewable energy in the world's major economies, the International Renewable Energy Agency (IRENA) emphasized in the report that renewable energy generation must grow faster than energy demand. Fransesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), said, “This continued progress is yet another testament to the resilience of renewable energy. Its strong growth performance last year provides countries with more opportunities to gain access to renewable energy sources. Multiple socioeconomic benefits. However, despite encouraging global trends, our Global Energy Transition Outlook shows that the pace and scope of the energy transition is far from sufficient to avoid the dire consequences of climate change.” The International Renewable Energy Agency (IRENA) earlier this year launched a strategic partnership agreement scheme to allow countries to share ideas for achieving carbon neutrality goals. Many countries are also taking steps, such as using green hydrogen to maintain energy supply. According to figures released by the agency, hydrogen will account for at least 12% of total energy if the global climate target is to stay within the 1.5°C temperature of the Paris Agreement by 2050. Potential for developing green hydrogen in India The Indian government signed a strategic partnership agreement with the International Renewable Energy Agency (IRENA) in January this year. Camera emphasized that India is a renewable ...
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  • New high! India to add 19GW of photovoltaic capacity in 2022
    Apr 15, 2022 New high! India to add 19GW of photovoltaic capacity in 2022
    In April 2022, JMK Research, an Indian renewable energy consultancy, released the latest analysis report, arguing that although India is already unable to reach the previously planned total installed capacity of 100GW of solar power, India will add 19GW of solar power in 2022, and the total installed capacity will be 100GW. It reached 73GW, a new record high. In 2011, India only had 0.5GW of solar power generation, but it plans to achieve 20GW in 2022. In 2015, India adjusted its 2022 installed capacity target to 100GW, and in 2021 set an ambitious target of 300GW for 2030. According to a report by JMK Research, the main factor affecting India's ability to achieve the government's planned 100GW installation target is that India's residential PV installations are far less than expected. By the end of 2021, India has completed 42.35GW of the planned 60GW of utility photovoltaic power plants, but only 12.65GW of the planned 40GW households and small distributed and micro grids have been completed. Based on an analysis of existing pipeline projects and various tender plans, JMK Research believes that utility-scale PV projects in India will increase by 15.8 – 16.0 GW in 2022, bringing the total to 58.2 GW, very close to the government’s target of 60 GW. For rooftop PV and other off-grid and small-scale distributed projects, JMK Research believes that 3.5 – 4.0GW will be added this year, bringing the total to 15GW, which is a long way from the original plan of 40GW. Combining utility-scale power plants, rooftop PV, off-grid and small-scale distributed projects, JMK Research expects India to add at least 19GW of solar power this year. Due to India’s BCD tariff policy, China’s General Administration of Customs exports to India data show that PV module exports to India in the first two months of 2022 reached $1.91 billion, equivalent to 7.5 – 8GW of modules. In addition, India will import about 8GW of batteries and about 10GW of imported components in 2021, far exceeding the newly installed capacity in 2021. Most of the imports in the fourth quarter should be for the installation in 2022. Adding the two figures together, India's imported PV cells and modules for 2022 have reached 15GW, equivalent to 80% of the 19GW expected by JMK Research. However, according to the Indian market information previously reported by "Global Photovoltaics", JMK Research released a forecast of 11.89GW of new photovoltaic installed capacity in India in 2021 in February, while another Indian institution, Mercom, in early March, the statistics were 10GW. The statistics of the two There are differences in the data in previous releases. It is not clear whether it is due to different statistical calibers or data errors, or it may be the gap between the DC side or the grid-connected side. But in any case, even if India's new installed capacity is forecast to be between 15-20GW in 2022, India will set a new record for annual installed capacity.
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  • Italy spends 1.5 billion to install 375 MW rooftop photovoltaic system for the Ministry of Agriculture!
    Apr 01, 2022 Italy spends 1.5 billion to install 375 MW rooftop photovoltaic system for the Ministry of Agriculture!
    According to media reports, Italy's Minister of Agriculture, Food and Forestry Policy Stefano Patuanelli has approved a new plan. Under the plan, financial support worth 1.5 billion euros will be provided for rooftop photovoltaics installed in the country's agricultural sector. This differs from agricultural photovoltaics, which involve a more integrated approach to integrating photovoltaic systems with agricultural installations. Financial details of the support for rooftop PV have not been disclosed. "The purpose of the program is to finance the installation of photovoltaic systems on buildings for productive use in the Italian agricultural, livestock and agro-industrial sectors," Patuanelli said. Funding for the rooftop PV project is said to come from Italy’s National Recovery and Recovery Plan (Coronavirus Recovery Plan). About 40% of the funds will be used to finance rooftop PV projects in southern Italian regions such as Abruzzo, Basilicata, Calabria, Campania, Molise, Apulia, Sardinia and Rooftop photovoltaic system deployed in Sicily. The program will provide funding for the installation of 375MW of rooftop PV in the agricultural sector. Agricultural and industrial land will also be eligible to benefit from the program, as will facility redevelopment and modernization costs. Insulation of agricultural facilities will also be part of the support programme, which will help improve the living conditions of livestock. Diversification of energy sources will also help reduce electricity bills in the agricultural sector, the Italian Ministry of Agriculture, Food and Forestry Policy said. It added that information on the project will first be submitted to the European Commission, and then a tender for the project will take place. Italy's National Recovery and Recovery Plan will provide 2.2 billion euros for the energy community and 1.1 billion euros for the agricultural sector. According to a survey by the International Trade Association (ITA), Italy has set aside 56 billion euros to stimulate the development of the renewable energy sector between 2021 and 2026. By the end of 2020, the installed renewable energy capacity in Italy had reached 56GW, with photovoltaic systems accounting for the highest proportion (21.5GW), followed by hydropower facilities and wind power facilities. Italy introduced new provisions in the DL Energia Decree in early March, simplifying net metering permits for rooftop PV systems from 50kW to 200kW, and providing funding to MSMEs that install PV systems for their own use.
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  • Spain's Endesa plans to invest in a 497MW wind-solar integration project
    Mar 25, 2022 Spain's Endesa plans to invest in a 497MW wind-solar integration project
    Spanish power company Endesa SA said it is currently building a 497-megawatt wind and solar power plant in Spain's Castile-La Mancha region. Its renewable energy division, Enel Green Power Espana, is leading the effort. The new capacity will be spread across three wind farms and five solar farms, all of which will start operating by the end of 2022. Of the five projects, the construction of the Campillo I, II and III wind farms is at the most advanced stage since construction began at the beginning of the year, with a total installed capacity of 259 MW between the three wind farms. Once operational, Campillo trio will be Endesa's largest wind farm in Spain, the company said. In early March, Endesa began construction of the Minglanilla I and II solar power plants, which together will generate 99.62 MW. This week, it launched Calatrava, Iberia Power and Ninobe Solar in the city of Castile-La Mancha in Manzanares. The power company is currently preparing for the upcoming construction of two new solar power plants, Encina al Sol and Estrella solar, in the central region of Spain, which will increase their combined capacity by 71.5 MW. The next projects in the Endesa Castilian solar project are the 117 MW Rocinant solar project due for completion in 2023, and the permitting of the 120 MW project in Manzanares.
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  • Mercom India: 'Explosive' recovery! India's PV industry investment in 2021 will increase by 254% year-on-year!
    Mar 18, 2022 Mercom India: 'Explosive' recovery! India's PV industry investment in 2021 will increase by 254% year-on-year!
    According to Mercom India Research's recent 2021 and Q4 2021 India PV market update report, investment in the Indian PV industry in 2021 increased by an impressive 254% compared to 2020. Compared to 2020, investment in India's large-scale PV industry in 2021 will increase by 278%, and in 2021, investment in India's rooftop PV sector will increase by 150%. Investments through corporate finance in India increased by 202% in 2021 compared to 2020. The substantial increase in investment in 2021 reflects the strong recovery of the Indian PV industry from the disruption caused by the COVID-19 pandemic in 2020, with rapid growth in PV project development activity. Investments in the Indian PV industry in the fourth quarter of 2021 fell by 14% compared to the third quarter of 2021. Compared with the same period last year, investment increased by 109%. Compared to the previous quarter, investments in India's large-scale PV and rooftop PV sectors fell by 6% and 4% respectively in the fourth quarter of 2021, and investments through corporate finance fell by 46%. Investments in the fourth quarter of 2021 were consistent with lower installations in the quarter, down 7% compared to the third quarter of 2021. Installations have been affected because PV projects in Rajasthan are being delayed pending a ruling by India's Supreme Court on transmission lines that run through the region. (2017-2021 Indian PV Industry Investment)
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