According to a tracking report from five international agencies, the world is lagging behind its sustainable development goals for the period 2015-2030, although significant progress has been made in reducing electrification deficit in the least developed countries, and industrial energy efficiency. Off-grid solar solutions, meanwhile, are emerging as one of the key drivers of rural energy access.
Chennai has the potential to install 1.38 GW of rooftop solar PV which, if realized, could meet around 10% of the city’s electricity demand, according to a new study by Greenpeace and the Gujarat Energy Research and Management Institute.
The combination of a 9 MW solar park developed over its rocky barren land and rooftop PV panels installed on 79 government buildings generate enough solar power to meet Diu’s daytime electricity needs.
New and Renewable Energy Development Corporation of Andhra Pradesh Ltd has issued a rooftop solar installations tender for 15 MW on government buildings, and 20 MW for residential, commercial and industrial sectors. The single project size should be in the range of 1 kW to 500 kW.
Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.
New quarterly figures from Bloomberg New Energy Finance (BNEF) show that investments in solar PV arrays of less than 1 MW hit US$14.3 billion worldwide in Q1 against 10% year-on-year contraction in global renewable investments.
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim a larger share of bulk and dispatchable generation while adding vital flexibility to the global energy mix.
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