U.S. installed 930 MW of solar photovoltaic capacity in Q3 of 2013

11/12/2013 13:13 Renewable

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According to a report from GTM Research and the Solar Energy Industries Association (SEIA) in the third quarter of this year something like 930MW of new PV capacity was installed, a 20% increase in comparison to the previous quarter, when it registered 832 MW of solar PV, and a 35% jump in comparison to the same period in 2012, with more than 400,000 solar power installations in place throughout the country.

State-by-state, California remained the number one market in the country, with 455MW installed in the third quarter 2013. ‘US Solar Market Insight 3rd Quarter 2013’ forecasts that 4.3GW PV capacity will be installed in 2013 in the US, representing a 27% increase from 2012 figures. There are now over 10,250 MW of cumulative solar electric capacity operating in the U.S., enough to power more than 1.7 million average American homes. New solar electric capacity added in 2013 will generate enough clean energy to power over 850,000 average American homes. This year, is likely to be the first time in more than fifteen years that the U.S. installs more solar capacity than world leader Germany.

Daily (17.03.2017): German spot power down 17% on anticipated increase in wind power

17/03/2017 08:51:00

Crude oil prices retreated on Thursday despite a support from weaker dollar, being pressured by U.S. crude stockpiles near record high levels, intensifying concerns if OPEC-led output cuts will be able to reduce a global glut.

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US: Wind energy - TOP Renewable electric resource

16/03/2017 11:51:00

American Wind Energy Association has recently stated that wind power has surpassed hydroelectric power becoming no.1 renewable electric resource in U.S., making wind power the fourth major electric energy source after natural gas, coal, and nuclear energy.

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IEA report: Oil demand likely to reduce in 2017, non-OPEC countries seen rising production

16/03/2017 10:26:00

The demand for oil is anticipated to decrease from 1.6 million barrels a day in 2016 to 1.4 million barrels a day in 2017 which will add more issues for the producers while they could try to increase prices, as indicated in the International Energy Agency report published earlier this week, based on the early 1st quarter indicators showing slowdowns in Japan, Germany, Korea and India in January 2017.

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