The EU recently published its ‘Fit for 55’ climate plan, updating its Renewable Energy Directive to increase the overall binding target from 32% to 40% renewables in the bloc’s energy mix by 2030.
Iberia’s power sector is radically transforming, with government auctions pushing forward solar deployment across the region. In Portugal’s previous two solar auctions, 2019 and 2020, for ground-mount projects both closed with record low prices.
Traditionally, solar panels were designed and installed horizontally. Yet continued developments in R&D has enabled for the capture of sunlight on both sides of the PV panel. By tilting the panels off the ground, it generates between 10-20% more energy.
As an increasingly mature market, recent developments in the solar industry have enabled greater panel size which absorbs a larger rate of sunlight. Speakers in this session will provide insight into the latest trends and how you can directly benefit from recent transformations in the industry.
In 2015, estimated annual global volumes of electronic waste reached a record of 43.8m metric tons. As global PV demand increases and more modules and systems reach the end of their lifecycle in 10-15 years, recycling will become increasingly important for all PV technologies to ensure that clean energy solutions don’t pose a waste burden.
France’s total installed renewables capacity is projected to grow by 55% during 2021-2026, with solar accounting for over a quarter of this growth.
As with many industries, the collection and assimilation of mass amounts of data will require complex software and AI systems to manage day-to-day operations on solar farms. This will ultimately help PV developers and O&M providers to keep up to date with their systems and drive decision-making.
Traditionally, renewable sources have been helped in the market by an array of government subsidies, tax breaks or mandates; the idea was to help the solar market mature and then remove its stabilizers. However, a major driver in Nordic and CEE markets has been PPAs, this session will shed light on two emerging markets without government aid.
Advancements in AI, technology and analytics are enabling significant improvements in the performance of assets. Solar trackers enable system to rotate around the sun, capturing a greater amount of solar.
A mammoth 45GW of capacity is currently in the auction pipeline, with solar representing 6% of this. After a record year for European auctions, this session will delve into the intricate details of how to prepare and execute your plan in the auction house.
A record number of green jobs will be required to create a ‘skilled green workforce in the economy’. In the UK, over 500,000 jobs will be needed to meet the 2030 target and support the rapid transition to a net carbon zero economy.
Floating solar systems are becoming increasingly commonplace across Europe. As a tool which enables developers to build on open waters and large reservoirs, this nascent part of the industry provides an effective solution to harnessing the power of the sun and water.
Solar has recently been crowned ‘the king of the power markets’ by the IEA. However, with such popularity comes pressure on a particularly fragile supply chain with increases in the price of polysilicon and key raw materials.
Today the green hydrogen market is estimated to be worth nearly $500m, and it’s forecast to be a $10tn market by 2050, according to Goldman Sachs. Within Europe, over $430bn has been ringfenced for green hydrogen production to help achieve its Green Deal.
O&M is an integral part of the solar project, providing key services to the maintenance of the asset. With demand rising, many O&M providers are considering consolidation as prices continue to rise.