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  • Asia Solar PV Market to Continue its Growth in 2016

    Asia Solar Market small

    /21st June 2016, RENEWABLE MARKET WATCHTM/ Solar PV power is one of the fastest-growing sources of energy in the world, as demand grows for energy security and independence, driving governments to develop reliable renewable power sources. Green laws have been implemented across Asia between 2008 and 2015 and can dramatically change the power and energy market sizes in this region according to Asia Photovoltaic Market: Outlook 2016÷2025 released by the RENEWABLE MARKET WATCHTM, a global provider of cleantech research and analyses about emerging markets. Economic growth in Asia maintains a steady pace. Gross domestic product (GDP) in the region is forecast to expand by 5.3 % in 2016. Several Asian countries experience energy shortages and alternative energy sources are increasingly important to fulfil local energy demands. 

  • China Grid Connection Concerns for Renewable Energy Generation

    /8th March 2017, IEA, RENEWABLE MARKET WATCHTM/, China has experienced a marked increase in electricity demand over the past decade, requiring rapid and large investments in the power sector. This has provided an opportunity for streamlining system integration with the expansion of overall electricity infrastructure. However, this opportunity has not been fully realised and investments have predominantly been in coal-fired capacity. The dominance of coal in the power sector has translated into growing concerns over local air pollution and CO2 emissions. To address these issues, China is ramping up the deployment of renewable energy resources and putting in place measures to effectively limit increases in coal-fired capacity.

  • Global Trends in Renewable Energy Investment in 2017

    Wind turbines by serdarguler2 small

    /18th April 2017, FS UNEP, BNEF) According to a recent report of FS UNEP and BNEF In 2016, the advance of renewable energy slowed in one respect and speeded up in another. Investment in renewables excluding large hydro fell by 23% to $241.6 billion, but the amount of new capacity installed increased from 127.5GW in 2015 to a record 138.5GW in 2016. Together, the new renewable sources of wind, solar, biomass and waste, geothermal, small hydro and marine accounted for 55.3% of all the gigawatts of new power generation added worldwide last year. More solar gigawatts were added (75GW) than of any other technology for the first time. A major reason why installations increased even though dollars invested fell was a sharp reduction in capital costs for solar photovoltaics, onshore and offshore wind. On a less positive note, there were clear signs as 2016 went on of slowing activity in two key markets, China and Japan.

  • Integration Challenge about Variable Generated Wind and Solar Power into Future Grid Infrastructure

    /29th June 2017, IEA, RENEWABLE MARKET WATCHTM,IRENA/, The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases. Renewable energy technologies can be divided into two categories: dispatchable (i.e.biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy or VRE (i.e.ocean power, solar photovoltaics and wind).

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