Unleashing the Power of Renewables: Tracking the 16.4% Growth and COP28 Goals

Hello solar enthusiasts and welcome to another enlightening edition on our journey through the ever-evolving solar industry. Staying abreast of solar company trends and new releases is crucial to optimizing solar panels for your home or planning the best solar array for your home. So, let’s dive right in!

Despite a slight market slowdown, polysilicon prices, the key raw material used in solar manufacturing, have reached an equilibrium at low levels. Keeping an eye on such industry developments can ensure you engage with solar companies when prices are optimal for your solar investment.

In ever exciting solar market news, GoodWe, one of the innovative solar companies, has raised the bar once again. The company’s fresh off the press double-glass TOPCon bifacial solar modules promise greater efficiency and durability. There are two variants available, the 530 W and the 580 W, expanding options for those seeking highly efficient solar panels for their home.

Assessing a solar array for home setups involves careful consideration of location-specific variables. One such concern is the loss of solar energy production due to dust, dirt, and debris, which can accumulate on the panels. Enter Fracsun’s new AI-powered solution! Their innovative tool promises to calculate potential losses due to soiling at any project location, helping you make informed decisions about where and how to install solar panels for your home.

In transitioning towards the greener future we all desire, the International Renewable Energy Agency (IRENA) released startling statistics at the recently concluded COP28. Making it clear that our current renewable capacity growth rate, standing at 14%, falls short of hitting the set targets by a staggering 1.5 TW. A pointer that global solar companies need to step up their game if we are to make the needed progress.

This week’s big solar news stories ranged across diverse areas – market trends, project updates, and critical policy changes that may well shape the decisions we make regarding solar.

Stay tuned to this platform as I continually bring you up to speed on the fascinating and ever-changing solar landscape! Whether you’re planning to install solar panels for your home or exploring profitable commercial solar ventures; whether you’re a newbie or an old hand in the wonderful world of solar, this is your go-to spot for everything solar. After all, knowledge is power!

Original Articlehttps://pv-magazine-usa.com/2024/07/15/sunrise-brief-irena-calls-16-4-annual-renewable-growth-to-hit-cop28-targets/

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