AMS Renewable Energy’s Post

Cleantech is booming: according to a new report by the International Energy Agency (IEA), global investment in photovoltaics, wind power, batteries, electrolyzers, and heat pumps increased massively in 2023. Global production capacities for #photovoltaics are already on track to meet the demand needed to achieve the climate targets for the current decade, while #batteries are on the verge of doing so, the report continues. According to the IEA, investments in the field are also a strong economic driver and account for four percent of global GDP growth in 2023. China accounts for a large proportion of this; the People's Republic is home to over 80 percent of global production capacity for photovoltaic modules, for example. According to the agency's calculations, Europe and the U.S. could each achieve a share of roughly 15 percent for battery cells by 2030. Link to the report: https://lnkd.in/dhMV_Vu5 #renewables #hydrogen #windenergy #rawmaterials

🌞 Fascinating to see the remarkable growth in global solar PV installations over the past decade! Looking at this data from 2010-2020, a few key insights stand out: 📈 Key Takeaways: - Total annual installations grew from ~18 GW in 2010 to ~140 GW in 2020 - a nearly 8x increase - China has emerged as the clear leader, driving much of the global growth - Despite COVID-19, 2020 saw record installations with strong contributions from Asia, Europe, and the US 🔍 What's particularly interesting is how the market has evolved: - China's dramatic scaling beginning around 2015-2016 - Japan's early leadership followed by stabilization - India's growing presence in the mix - Europe's consistent contribution, especially from Germany - The US maintaining steady growth throughout the decade 💡 This trend signals both the maturing of solar technology and the increasing global commitment to renewable energy. The sustained growth, even through economic challenges, suggests strong fundamentals driving the solar sector. Source: National Renewable Energy Laboratory (NREL) #RenewableEnergy #SolarPower #CleanEnergy #Sustainability #EnergyTransition #ClimateAction

Solar Energy Industries Association shared their 'comprehensive policy agenda' on how the new Presidential Administration would impact the solar and storage industry moving forward🚀 "The U.S. solar industry grew by 128% under President Trump’s first term in office, reaching 100 gigawatts (GW) of total installed capacity. This period of growth set the United States on a trajectory to becoming the #2 solar market in the world today, with 220 GW on the grid and over 100 solar and storage manufacturing plants across 43 states." The future is definitely bright and outlined in SEIA's ten priorities: 💪American energy dominance ❌Eliminate dependence on China 📈 Surge American solar manufacturing 💻 Meet the demand challenges of data centers, AI, and crypto ✂️Cut red tape in the energy sector ⚖️Regulatory reform and certainty 📉 Keep taxes low 👐 Support energy choice and energy freedom 🇺🇸 Bring more jobs to America’s heartland 🏡 Protect private property rights Speaking to hiring managers moving into the New Year, manufacturing is a common theme among top priorities in moving the industry forward - the solar and storage industry built 100+ new facilities in 43 States, creating 40,000 new jobs. The push for more American-made solar technologies, alongside regulatory support, is poised to continue fueling job creation and economic growth in the sector. 💡As we look ahead to 2025, what do you think is the most critical factor for driving continued growth and innovation in the solar and storage industry?

The world now invests almost twice as much in #clean energy as it does in #fossil fuels, according to the International Energy Agency (IEA)’s World Energy Investment Report 👏 📈 “Power sector investment in #solar photovoltaic (PV) technology is projected to exceed USD 500 billion in 2024, surpassing all other generation sources combined. ☀ Though growth may moderate slightly in 2024 due to falling PV module prices, solar remains central to the power sector’s transformation. 📉 Despite investing almost twice as much in clean energy as it does in fossil fuels, the Emerging Market and Developing Economies (EMDE) outside China account for only around 15% of global clean energy spending.  💵 Half of all energy investments in EMDE are made by governments or State-Owned Enterprises (SOEs), compared with just 15% in advanced economies: we need to mobilize private investment by derisking projects and unleashing the potential of solar. To ensure finance flows align with investment needs and access to low-cost and long-term financing, the GSC is launching its finance workstream with our first kick-off meeting today. Find out more about our finance workstream 👉:  https://lnkd.in/edxTBvMU If you’d like to join us in scaling-up finance for solar worldwide, become a member today 👉: https://lnkd.in/dQm_Aqen Read the full report 👉: https://lnkd.in/dt-4nU_u

A lot of discussions currently are about power system flexibility and negative electricity prices in Germany, together with my PhD supervisors Mario Liebensteiner & Niklas Hartmann, we have used our capacity expansion model #MyPyPSAGer: https://lnkd.in/dShXnrUG, to analyse the challenges of the German energy transition, and the critical role of system flexibility and energy storage in a renewables dominated power system. The results anticipate more than 1000 hours of negative or zero electricity prices by 2030. This number is projected to grow drastically by 2045 to more than 4000 hours. Never the less, the Average wholesale electricity price stays positive between 2025-2044 (75-65 €/MWh) and drops to 50 €/MWh in 2045 (real values were 95 €/MWh in 2023 and 66 €/MWh till June 2024 #energycharts). One thing that I find amusing and adds to the current discussion, is that renewables are not the primary cause behind price volatility. In fact, renewables with storage (a lot of storage) decrease extreme volatility as shown in the heat map below. I will be presenting these results at the upcoming The International Conference on European Energy Markets (EEM) - EEM24 in Istanbul. I look forward to engaging with fellow energy enthusiasts and industry experts to exchange insights and ideas.

🌍🔋 Evolving Dynamics in The UK Energy Market As an energy expert analyzing the evolving dynamics within the UK energy market, I've been closely observing significant industry trends. Here are my insights: Corporate Power Purchase Agreements (PPAs): 🔋 The European PPA market saw remarkable growth in 2023, driven by a strategic market approach to expanding renewable energy capacity. 🌱 In response to the ongoing energy crisis and fluctuating prices, businesses are securing long-term fixed-price deals. 🌍 This is crucial for meeting climate commitments and securing financing for new projects without government subsidies. Hydrogen Energy Developments: 💧 In 2023, despite economic uncertainties, foundations were laid for substantial advancements in 2024. 🔋 With HAR1 contracts and planned HAR2, the UK aims to support 1GW of green hydrogen electrolysis backed by Contracts for Difference (CfDs) by the end of 2024. These developments, along with revisions to the UK Low Carbon Hydrogen Standard and a detailed production roadmap, mark a pivotal year for moving from planning to execution. Electric Vehicles (EVs) and Charging Infrastructure: 🚗 The EV sector continues to face policy and economic uncertainties. 🔌 However, the 2023 Autumn Statement brought positive news, supporting UK battery manufacturing and grid connections essential for EV adoption. 🚙 The availability of second-hand and ex-fleet EVs is broadening access, reflecting growing optimism. With new technologies reducing costs, significant progress is anticipated in making EVs more affordable and appealing to the mass market. Innovative Energy Trading Solutions: ⚡ The UK's energy market is transforming with renewable integration and decentralisation. 🏘️ Peer-to-peer (P2P) energy trading platforms are enabling businesses and consumers with renewable installations to sell excess energy locally or back to the grid. 📊 Enabled by blockchain technology, these platforms support transparent and automated transactions, fostering localised energy markets. This decentralisation is expected to accelerate in 2024, enhancing energy resilience and sustainability. These insights reflect the dynamic nature of the UK's energy sector as it embraces technological innovations and adapts to new economic realities. 🚀 Moving forward, the integration of advanced digital technologies and a focus on sustainable practices will be crucial in shaping a resilient and efficient energy landscape. #EnergyMarket #RenewableEnergy #Hydrogen #ElectricVehicles #Sustainability #Innovation #GreenEnergy #UKEnergy

Surprising facts & figures around decarbonisation Two key factors stand out regarding the demand and supply of clean technologies, according to a recent report of the International Energy Agency. 1) The manufacturing capacity in 2023 has exceeded demand for solar PV, wind, batteries, electrolysis and heat pumps, in some cases significantly. 2) By 2030, it is likely that over 50% of global manufacturing capacity for solar PV, wind and batteries will be located in China. Consequently, China will become the dominant exporter of these technologies. The expansion of manufacturing capacity in China will probably contribute to further price declines due to economies of scale and potential overcapacities. Dr. Daniel V. Fauser Philipp Mettler, CFA Dr. René Nicolodi, CAIA Kristijan Faltak #renewables #China #cleantech #batteries #IEA

𝗢𝘂𝗿 𝗣𝗣𝗔 𝗧𝗶𝗺𝗲𝘀 – 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 𝗶𝘀 𝗼𝘂𝘁 𝘁𝗼𝗱𝗮𝘆! 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱𝘀 > Tracked energy commodity prices showed mixed movements. Pexapark’s EURO Composite saw a 1.2% uptick from the previous month. On the regulatory front, Germany updated its EEG scheme vis-à-vis negative hour events, while launching a consultation for data center grid connections.   𝗣𝗣𝗔 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 > The year ended with a 105% month-on-month increase in volumes, and a respective 50% increase in deal count, marking December the second strongest month of 2024. In our highlights, France sees its second Multi-buyer PPA; Google offtakes from the innovative Zeevonk in the Netherlands; and Italian players sign the country’s first medium-term post-subsidy PPA for onshore wind.   𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 𝗧𝗼𝗽𝗶𝗰 > As we wrap up the upcoming 𝗣𝗲𝘅𝗮𝗽𝗮𝗿𝗸 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 𝟮𝟬𝟮𝟱 – our granular anthology of the key trends in Europe’s PPA Universe – we are excited to share a sneak peek. 𝗪𝗵𝗮𝘁 𝘄𝗲𝗿𝗲 𝘁𝗵𝗲 𝘁𝗼𝗽 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗣𝗣𝗔 𝗱𝗲𝗮𝗹𝘀 𝗯𝘆 𝘀𝗶𝘇𝗲 𝗶𝗻 𝟮𝟬𝟮𝟰? And who enabled the largest solar and onshore wind PPAs? Let the hunt for easter eggs of the year’s most critical trends begin! Visit our website to login or register with Pexapark for immediate access 👉: https://lnkd.in/e9tpgFuR #ppa #renewableenergy #renewables #marketintelligence #ppatimes

Taiwan's solar industry, once a leader in renewable energy, is now facing tough challenges. Recent layoffs and financial struggles at companies like Sino-American Silicon highlight a troubling trend in the sector. With fierce global competition and rising production costs, many investors are looking elsewhere. The future remains uncertain, but with innovative strategies and government support, there’s hope for recovery. It’s a crucial moment for Taiwan to reclaim its position in the solar market! 🌞 #RenewableEnergy #SolarPower #Taiwan https://lnkd.in/exCypBY5 #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

The Kubuqi Desert in Inner Mongolia is undergoing a remarkable transformation with the development of extensive solar energy infrastructure, known as China's "solar great wall." This ambitious project aims to harness renewable energy on an unprecedented scale, covering 250 miles and generating 100 gigawatts by 2030. Beyond powering millions and supporting local economies, it also helps combat desertification, showcasing how innovation can lead to sustainability. As China leads the way in solar power generation, this initiative could inspire similar efforts globally! 🌞🌍 #RenewableEnergy #SolarPower https://lnkd.in/ek3FS64C #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation