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Solar Forecasting Articles & Analysis

49 news found

Growth in Global Electricity Demand is Set to Accelerate in Coming Years in Power-hungry Sectors

Growth in Global Electricity Demand is Set to Accelerate in Coming Years in Power-hungry Sectors

In particular, generation from solar PV is forecast to meet roughly half of global electricity demand growth through 2027, supported by continued cost reductions and policy support. Electricity generation from solar PV surpassed that from coal in the European Union in 2024, with solar’s share of the power mix exceeding 10%. ...

BySmart Grid Observer


Massive Global Growth of Renewables to 2030 is Set to Match Entire Power Capacity of Major Economies

Massive Global Growth of Renewables to 2030 is Set to Match Entire Power Capacity of Major Economies

While China is adding the biggest volumes of renewables, India is growing at the fastest rate among major economies.In terms of technologies, solar PV alone is forecast to account for a massive 80% of the growth in global renewable capacity between now and 2030 – the result of the construction of new large solar power plants as well as an ...

BySmart Grid Observer


FERC Seeks Comment on Potential DLR Framework to Improve Grid Operations & Fact Sheet

FERC Seeks Comment on Potential DLR Framework to Improve Grid Operations & Fact Sheet

-----------------------------------------------------------------------------------------Fact Sheet | ANOPR: Implementation of Dynamic Line RatingsDynamic Line Ratings (DLR) use up-to-date weather forecasts to improve the accuracy and transparency of transmission line ratings. ...

BySmart Grid Observer


Massive expansion of renewable power opens door to achieving global tripling goal set at COP28

Massive expansion of renewable power opens door to achieving global tripling goal set at COP28

The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7 300 GW over the 2023-28 period covered by the forecast. Solar PV and wind account for 95% of the expansion, with renewables overtaking coal to become the largest source of global electricity generation by early 2025. ...

BySmart Grid Observer


Enverus comes full CRCL in latest power and renewables acquisition

Enverus comes full CRCL in latest power and renewables acquisition

Enverus, the most trusted energy-dedicated SaaS company, announced today it has acquired CRCL Solutions, a provider of cloud-based algorithms and modeling for wind and solar generation forecasts. CRCL Solutions provides a wide range of advanced forecasting data to help power traders make informed decisions and reduce trading risk. ...

ByEnverus


NYPA Study Shows Benefits of Solar Forecasting for Maintaining Effective Grid Operations

NYPA Study Shows Benefits of Solar Forecasting for Maintaining Effective Grid Operations

"The NYSolarCast system improves prediction capability and thus provides more accurate utility and distributed PV power production forecasting. Continually improving the accuracy of forecasts is vital for the solar industry, which needs to ensure the reliable delivery of renewable energy and improve the overall performance of the electric grid as ...

BySmart Grid Observer


New Production line in Bahrain

New Production line in Bahrain

Ecoprogetti supplied new module production line to Bahrain’s Solartecc Green Energy. Ecoprogetti supplied and fully commissioned to the first Bahraini solar panel producer a complete turnkey manufacturing line with highest quality European standards during the month of January 2021. Bahrain is a land with a very high solar irradiation which has lately moved the focus on solar photovoltaic ...

ByEcoprogetti srl


Global Electricity Demand to Rebound Modestly in 2021 After Historic Shock From Pandemic

Global Electricity Demand to Rebound Modestly in 2021 After Historic Shock From Pandemic

Electricity generation from renewable energy - such as hydropower, wind and solar - is forecast to grow by almost 7% in 2020, squeezing conventional power sources. ...

BySmart Grid Observer


IHS Markit releases new 2020 solar installation forecast in light of the impact of coronavirus (COVID-19)

IHS Markit releases new 2020 solar installation forecast in light of the impact of coronavirus (COVID-19)

IHS Markit new solar PV outlook forecasts 105 GW in 2020, a 16% Y-o-Y decline from 2019 global installations. ...

ByGuangdong Grandeur International Exhibition Group


US solar employment forecast to hike 8%; Oil group Galp to build 10 GW of renewables

US solar employment forecast to hike 8%; Oil group Galp to build 10 GW of renewables

US solar jobs multiply as installations soar US solar employment is forecast to rise by 7.8% this year to 269,500 jobs due to a surge in new installations, the Solar Foundation said in its latest National Solar Jobs Census. ...

ByReuters Events


Giant Nevada solar project set for federal approval; Global PV installs forecast to rise 14%

Giant Nevada solar project set for federal approval; Global PV installs forecast to rise 14%

Nevada solar plus storage project clears environmental hurdle The 690 MW Gemini solar plus storage project in Nevada looks set to receive federal approval after the U.S. ...

ByReuters Events


CSP cloud cameras set to cut sun block losses

CSP cloud cameras set to cut sun block losses

Greater revenues are expected when the forecast DNI maps are integrated, Stefan Wilbert, Head of the Solar Energy Meteorology Group at DLR, told New Energy Update. ...

ByReuters Events


Solar PV Manufacturers Eye Operational Efficiencies Deriving from Smart Solutions

Solar PV Manufacturers Eye Operational Efficiencies Deriving from Smart Solutions

As solar photovoltaics (PVs) transition from a subsidy-dependent market to a subsidy-free, grid-parity market, solar power manufacturers will increasingly employ smart solutions to improve operational efficiency and reduce overall operation and maintenance costs. This trend, along with the demand for solar PV with storage, is expected to drive the $38.38 billion market toward $44.82 billion by ...

ByGreen Energy Futures Ltd.


Qatar expands bifacial PV tests as data shows 10% output gains

Qatar expands bifacial PV tests as data shows 10% output gains

Bifacial systems are forecast to represent 10% of the U.S. utility-scale solar market in 2019, rising to 30% by 2025, according to the US National Renewable Energy Laboratory (NREL). ...

ByNew Energy Update - Reuters Events


Largest Smart Electric Vehicle Charging Network Optimizes Use of Renewable Energy in Amsterdam

Largest Smart Electric Vehicle Charging Network Optimizes Use of Renewable Energy in Amsterdam

The charging stations provide slightly less electricity during the hours that households demand a lot of energy, typically between 18.00 to 21.00 hours, and catch up by charging more at night when energy consumption is low or during the day when a lot of local solar power is being produced. As most electric cars are charged outside peak hours, electric car drivers will benefit ...

BySmart Grid Observer


Solar Photovoltaic Generation Expands in the Americas as Capacity Installations More than Double

Solar Photovoltaic Generation Expands in the Americas as Capacity Installations More than Double

The multiple supportive mechanisms and electricity regulatory frameworks across the region have made market participants diversify strategies, encouraging business model innovation. Solar PV and storage expansion will become increasingly attractive propositions as battery system costs decline further," said Maria Benintende, Senior Analyst for Energy & Environment at Frost ...

BySmart Grid Observer


US solar forecast rises after project activity hikes; Distributed PV prices flatten further

US solar forecast rises after project activity hikes; Distributed PV prices flatten further

"Many developers have reported that for a small portion of their pipeline, they are either still renegotiating PPAs [power purchase agreements] or have had to cancel projects entirely due to the addition of module tariffs," it said. Forecast US solar installations Source: GTM Research, September 2018. ...

ByNew Energy Update - Reuters Events


Battery Energy Storage System Uses AI to Lower Energy Bills and Provide Utility Grid Services

Battery Energy Storage System Uses AI to Lower Energy Bills and Provide Utility Grid Services

The SynergyTM software optimizes the operation of distributed energy assets such as battery energy storage, electric vehicles, and solar. It forecasts moments of peak demand on the grid through the use of Big Data and Machine Learning, a form of Artificial Intelligence. ...

BySmart Grid Observer


US PV costs drop 13% in a year; Spain set to kickstart solar growth

US PV costs drop 13% in a year; Spain set to kickstart solar growth

For example, the internal rate of return (IRR) for a utility-scale PV plus storage plant in the Texas ERCOT market is estimated at 8.8%, Lazard said. Spain proposes 3 GW new wind, solar per year Spain's minority Socialist government has set out a plan to build 3 GW of wind and solar capacity per year over the next decade and produce 35% of energy from renewable ...

ByNew Energy Update - Reuters Events


Duke Energy deploys AI-drones over PV fleet to boost operating gains

Duke Energy deploys AI-drones over PV fleet to boost operating gains

U.S. utility Duke Energy is deploying AI-supported drones across its growing solar plant fleet in its latest push to raise self-operating efficiency, Jeff Wehner, Vice President of Operations, Renewables at Duke Energy, told the Solar PV Operations USA 2018 conference. ...

ByNew Energy Update - Reuters Events

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