Renew Economy

Texas flag

Solar generates more power than coal in Texas for first time ever

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Solar generation in Texas was 3.26 terawatt hours (TWh) in the month of March, beating the 2.96 TWh sent out by coal-fired generators. It’s the first time solar has beaten coal over a whole month in Texas, the largest user of coal for power generation of any state in the U.S. The share of coal generation in Texas is now declining rapidly, from 40% more than a decade ago and 30% in 2017 to 13.9% in 2023.

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Bifacial PV plate

British scientists develop new bifacial solar technology that generates more power at reduced cost

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Scientists from the University of Surrey in England, working with colleagues at the University of Cambridge, the Chinese Academy of Sciences, Xidian University, and Zhengzhou University, have developed a flexible perovskite solar panel that use electrodes made of tiny carbon nanotubes. The researchers demonstrated that in addition to producing more energy than traditional solar panels, “the material cost of an all-carbon-electrode-based bifacial PSC is about 70% lower than that of a monofacial device.”

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German flag in front of building

Renewables provide a majority of energy consumption in Germany for first time ever

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The share of renewable energy sources in Germany’s total energy consumption grew to 52% in 2023 thanks to the steady expansion of solar and wind power installations in electricity production and an increase in the uptake of renewable heating systems, the Federal Environment Agency (UBA) has said. Investments in renewable energy jumped markedly, from 22.3 billion euros in 2022 to 36.6 billion euros in the following year.

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Aerial view of large electrical power plant with many rows of solar photovoltaic panels for producing clean ecological electric energy in morning

South Australia fast-tracks 100% renewables target to 2027

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The South Australia state government says it has fast tracked its target of “net 100%” renewables to 2027 – rather than 2030 – as a result of the state’s new wind and solar developments and its ambitious hydrogen plans. “Net” 100% renewables means producing enough wind and solar to meet the annual demand figure.

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Solar panels reflect sparkling light from the Sun

Rio Tinto signs contract for Australian grid’s first gigawatt scale solar project

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Mining company Rio Tinto has signed a contract to buy all the electricity from what will be the biggest solar project on Australia’s main grid – a 1.1 GW facility near Gladstone in Queensland. Rio Tinto is seeking up to 4 GW of wind and solar to provide clean power to and guarantee the future of its three main assets in the region – the Boyne Island aluminium smelter, the Yarwun alumina refinery, and the Queensland alumina refinery. All three assets are now supplied by coal.

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Solar farm

Microsoft places massive 12GW solar module order, bolstering U.S. solar supply chain

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Building on a previously announced 2.5GW module supply agreement signed in January 2023, Qcells will supply Microsoft with 12GW of solar modules over an 8-year period. Equivalent to powering more than 1.8 million homes annually, the solar modules will be produced in the United States at a fully integrated solar supply chain factory in Cartersville, Georgia.

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