Solar
![Solar](/cache/06-23/price-131.4463a54d.jpg)
2023, June, 9, 06:40:00
OIL PRICES 2023-24: $79 - $84
The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.
![Solar](/cache/06-23/britain-6.5c94d251.jpg)
2023, June, 2, 06:30:00
BRITAIN'S SOLAR COLLAPSE
Interpath Advisory was appointed to handle the administration and sale of Toucan last November, as Thurrock Council in Essex revealed it was owed £692 million ($857 million) by the business. Interpath, which has hired advisers from KPMG to oversee an auction of the 53 sites, is hoping to recover losses through the sale of the farms.
![Solar](/cache/05-23/usa-54.88de8289.jpg)
2023, May, 26, 06:40:00
U.S. RENEWABLES UP
New utility-scale solar capacity was 2,530 megawatts (MW) or 39.56% of the total ... and that does not include small-scale distributed PV systems. New wind capacity provided 1,475-MW or 23.06% of the total.
![Solar](/cache/05-23/britain-5.f2efd218.jpg)
2023, May, 19, 06:30:00
RENEWABLES FOR BRITAIN
In order to meet this goal, the UK must produce five times as much solar and four times more wind.
![Solar](/cache/04-23/usa-48.d610d2da.jpg)
2023, April, 28, 06:15:00
U.S. SOLAR INVESTMENT $8 BLN
Over $8 Billion Available Through Prizes, Private Capital, and a Conditional Loan Commitment Will Expand Access to Cheaper, Cleaner Energy for American Families and Deploy Solar Power to Underrepresented Communities
![Solar](/cache/03-23/renewable-5.b79e9722.jpg)
2023, March, 24, 07:25:00
GLOBAL RENEWABLES CAPACITY UP
Renewable generation capacity increased by 295 GW (+9.6%) in 2022. Solar energy continued to lead capacity expansion, with a massive increase of 192 GW (+22%), followed by wind energy with 75 GW (+9%). Renewable hydropower capacity increased by 21 GW (+2%) and bioenergy by 8 GW (+5%). Geothermal energy increased by a very modest 181 MW.
![Solar](/cache/03-23/china-18.5b610f91.jpg)
2023, March, 15, 07:00:00
CHINA ENERGY MODERNIZATION
China has accounted for the world's largest solar capacity addition in recent years, with around 30% of installed global capacity, but most of the low-hanging fruits have been picked, and deeper penetration into the energy mix requires overhauling large parts of the power system.
![Solar](/cache/03-23/india-10.d075697d.jpg)
2023, March, 15, 06:50:00
INDIA ENERGY RISKS WILL UP
India has also neglected its hydropower potential, which accounts for only around 13% of the country's total installed capacity.
![Solar](/cache/03-23/usa-39.e4b124cb.jpg)
2023, March, 10, 16:50:00
OIL PRICES 2023-24: $84 - $78
The Brent crude oil spot price will fall from an average of $84/b in the second quarter of 2023 (2Q23) to $81/b in 4Q23 and then average $78/b in 2024.
![Solar](/cache/03-23/usa-37.64ff28f7.jpg)
2023, March, 10, 16:45:00
U.S. RENEWABLES UP BY 12%
The latest issue of EIA's "Electric Power Monthly" report (with data through December 31) reveals that renewable energy sources (including small-scale solar systems) increased their electrical output by 12.37% last year compared to 2021.
![Solar](/cache/03-23/usa-38.53eb5e72.jpg)
2023, March, 10, 16:40:00
U.S. RENEWABLES GROWTH
The US Department of Energy (DOE) has numerous programs that provide funding to support energy resilience projects throughout the country.
![Solar](/cache/03-23/price-103.35c9c8bf.jpg)
2023, March, 3, 11:55:00
GERMANY'S RENEWABLE PRICES UP
After excluding 7 bids due to formal errors, the regulator selected 119 proposals with prices ranging between €7.24c/kWh and the maximum permissible value of €7.35c/kWh. The volume-weighted average reached €7.34c/kWh (+25% compared to the previous round).
![Solar](/cache/02-23/usa-31.6f3fb6b4.jpg)
2023, February, 15, 13:35:00
U.S. RENEWABLES GROWTH
Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided nearly three-quarters (74.1%) of new utility-scale generating capacity in the U.S. last year.
![Solar](/cache/02-23/price-86.24281e1a.jpg)
2023, February, 8, 12:45:00
OIL PRICES 2023-24: $82 - $78
spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024.
![Solar](/cache/02-23/energy-13.46457e7e.jpg)
2023, February, 8, 12:40:00
FRANCE'S, INDIA, UAE ENERGY COOPERATION
The UAE's Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al Nahyan, France's Minister for Europe and Foreign Affairs Catherine Colonna and India's Minister of External Affairs Subrahmanyam Jaishankar agreed to establish a formal trilateral cooperation initiative last September