Tag Archives: Cost

Record Growth Drives Cost Advantage of Renewable Power

Posted on February 12, 2025 by Now.Solar

81% of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030. In 2023, the global weighted average levelised cost of electricity (LCOE) from newly commissioned utility-scale … Continue reading →

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Cost of insuring offshore wind power ‘doubled’ amid heavy losses: leading broker

Posted on February 27, 2024 by Now.Solar

The cost of insuring offshore wind farms has reportedly doubled due to heavy losses experienced by insurers in recent years. According to a leading broker, increasing storm damage and engineering deficiencies have driven up insurance premiums for offshore wind projects. … Continue reading →

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3 TWdc of new solar power PV installations between 2023 and 2032

Posted on February 22, 2024 by Now.Solar

Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032. Decarbonisation and electrification commitments at a government and corporate level, along with expanding auction plans … Continue reading →

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Cost of insuring offshore wind power ‘doubled’ amid heavy losses: leading broker

Posted on February 21, 2024 by Now.Solar

The cost of insuring offshore wind farms has reportedly doubled due to heavy losses experienced by insurers in recent years. According to a leading broker, increasing storm damage and engineering deficiencies have driven up insurance premiums for offshore wind projects. … Continue reading →

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Technology not materials to drive down Chinese solar costs: GTM

Posted on August 27, 2013 by Ritesh Pothan

  The falling cost of PV manufacturing 2013-2017. Image: GTM Research. Improving technology not the falling cost of materials will be the dominant factor in the ongoing fall in costs of Chinese module manufacturers, according to a report by GTM … Continue reading →

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