Solar & Storage DigiCon’s Post

The expansion of energy storage in the UK and Ireland is remarkable, with significant growth projected for the coming years. Currently, the operational capacity in the UK stands at 4.6GW/5.9GWh, with an expected increase to 7.4GW/11.6GWh by the end of 2024. Interestingly, 20% of this capacity is being co-located with solar energy projects, following a growing trend. The current capacity of these projects is 312MW/465MWh, but it is expected to exceed 1GWh by the end of 2024. This growth is driven by technological innovation and the success of previous projects, with a total planned capacity of 85GW/175GWh for the UK, 20% of which comes from sites co-located with solar. In Ireland, the scenario is also promising, with a co-located storage capacity of 1.5GW/2.4GWh planned. This market is on the rise, following the UK's footsteps. These figures highlight the importance of integrating energy storage with solar projects, driving the energy transition in the region. I view these trends with optimism, envisioning an increasingly sustainable future. #RenewableEnergy #EnergyStorage #EnergyTransition #Sustainability

If you attended our Smart Energy Conference you'll have heard Russell Smyth from KPMG Ireland as he launched the Solar Potential Report and discussed the important key points. The report revealed the industry has the potential to contribute up to £426 million to the Northern Irish economy GVA over the next five years. 𝐒𝐨𝐥𝐚𝐫 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥: 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐍𝐨𝐫𝐭𝐡𝐞𝐫𝐧 𝐈𝐫𝐞𝐥𝐚𝐧𝐝 also showed the solar energy industry could support 1,800 jobs across NI by 2030. Many of these will be located outside the Belfast region, in rural communities where utility-scale solar farms and solar panel installers are located. 💻 Read more about the report in our blog:  https://lnkd.in/eSRkBjUp 📖 The full report is available to read here: https://lnkd.in/esEjKbm3   #RenewableNI #RenewableEnergy #SolarPotential

A Closer Look at the UK Solar Sector The outlook for the UK’s solar market has improved. Last year saw the highest level of added capacity since 2016, with an estimated total of ~2 GW of photovoltaic (PV) capacity installed. Following a decline in installations across all segments after the closure of the Renewable Obligation (RO) scheme and the Feed-in Tariffs (FITs), the residential, commercial, and industrial sectors have all experienced a recovery over the past three years. According to estimates from EUPD Research, the UK’s cumulative solar PV capacity is expected to reach approximately 31 GW by 2028, although the projected growth will continue to be gradual. Our experiences from Solar & Storage Live UK in Birmingham provide insight into what companies operating in this market have to offer! You can already check out what booths at the event looked like with our first experience from the event: https://zurl.co/DH57 Starting tomorrow, we have some interviews with experts from locally operating companies in store for you: https://zurl.co/x30M #UK #SolarPower #ExperiencesOnDemand #SSDCCinema #SSDC

The Solar Panel Industry Is On The Rise 📈 - In the UK, as of December 2023, there is a total solar capacity of 15.7 gigawatts. This is equivalent to approximately 5.2 million domestic solar panel systems, each with an average peak power rating of 3kWp. However, it is estimated that around 1.3 million installations are for domestic use, with the remainder being commercial installations and solar farms. Solar energy is going to grow further with the government's aims to boost solar capacity nearly fivefold to 70GW by 2035. Spearheaded by Energy Minister, Justin Tomlinson , and Solar Energy UK CEO, Chris Hewett, there is significant untapped potential for solar panels on commercial structures like schools and factories. This was emphasised that solar panel installation is a wise investment, offering substantial energy-saving savings. More to this, a recent Economist report revealed that approximately one-third of UK businesses utilise solar power to generate electricity. In a survey involving over 450 executives, the main reasons cited for installing solar panels were a commitment to eco-friendliness and managing electricity costs effectively. Maisum can assist businesses in gaining better control over their energy expenses and tailor solutions to meet their specific requirements. #SolarPanels #SolarEnergy #RenewableEnergy

☀ QNN182-HG-78: The Ultimate Choice for High-Power Performance ☀ Looking for a solar panel that packs a punch in both power and performance? Choose QNN182-HG-78! It delivers a robust output range of 610-660W, making it an ideal choice for both ground-mounted solar plants and distributed applications. Its standout features—high power output, superior conversion efficiency, and exceptional energy yield—mean you’ll get more energy at a lower cost. As large-format modules become more popular in centralized and distributed scenarios, the QNN182-HG-78 has quickly earned widespread praise for its incredible performance and unbeatable value. Want to see it in action? Catch this game-changing module at ExpoSolar Colombia 2024! Let us show you how it can elevate your solar projects to new heights. #Qnsolar #SolarPower #RenewableEnergy #Sustainability #CleanEnergy #PVmodules #solarpanels #ExpoSolarColombia

The huge rooftop solar potential of Australia’s commercial and industrial sector should be a key focus of the energy transition, a new report has found. Rooftop solar has been a huge success story for Australia, already supplying up to 11.2 per cent of National Energy Market (NEM) capacity in 2023, but the vast majority of this has been installed on households. According to estimates by Nexa Advisory, another 28GW of rooftop solar could be installed on commercial and industrial roof spaces across the NEM, offering significant power reductions to businesses and huge potential benefits to the grid. Aside from the ‘go to’ issue of tenants vs owners, there are buildings that can’t physically host a large solar array, there is also structural policy, regulatory and market-based issues that homeowners don’t need to deal with but C&I companies do. Fortunately there are plenty of fantastic commercial solar companies that can help you navigate these issues and deliver significant energy savings for your business. #solar #renewableenergy #energy #battery #solarpv

By 2027, the EU #solarPV market is set for remarkable growth, with projections forecasting a doubling of installed capacity to 576 GW. This impressive expansion, a 119% surge from 2023, puts the EU on track to surpass the ambitious #REPowerEU interim target of 400 GW of installed solar PV capacity by 2025. However, challenges remain, including the need for substantial investments in #gridinfrastructure and #energystorage solutions. Businesses in the #renewableenergy sector should take note of this immense potential for growth while also considering the necessary infrastructure investments to support the expanding solar capacity. Read our blog post where we break down the essential findings from the latest EU Market report: https://lnkd.in/gED_Kwrr

💡 Interesting insights shared from SolarPower Europe on the current state of the Solar PV landscape in Europe. Following a summary of my personal learnings with a focus on the utility scale market (>1MW): 📊 2024: Massive slowdown of new PV additions in Europe with only 4,4% growth 2024 after many years of high double-digit %. Utility scale, being 36% of the total cumulative solar PV installations, is the key driver for growth with delivering +12% YoY. 16 out of 27 EU states grew in the utility scale segment, biggest upswings Germany (5.9GW +29%), Italy (2.6GW +123%) and Portugal (1.2GW, +100%). ⚡Outlook 2025-2028: Overall, EU solar market to grow with slower pace (CAGR 4% total Solar PV). Utility scale to continue as the key driver, but also slower than previously anticipated with an expected 3Y CAGR of 8%, for 2025 9% growth expected. ⛅ Threats: Limited grid capacity, insufficient storage and flexibility infrastructure, and slow permitting processes remain major obstacles, that get increasingly impactful as the market grows. 👉 Interested to hear thoughts and comments! How do you see these developments? I wonder if this will drive plant optimization to new limits. #UtilityScalePV #SolarPower #Europe #SolarPV #Outlook Source of facts: SolarPower Europe’s EU Market Outlook for Solar Power 2024-2028

The latest edition of ESI Africa’s Solar Industry Insight is here, showcasing innovations, trends, and expert perspectives shaping the solar sector. From cutting-edge technology to project success stories, this publication offers actionable insights for industry leaders, investors, and enthusiasts. Dive into the solutions driving Africa's solar transformation. Read it here: Solar Industry Insight - Volume 1, 2024 https://lnkd.in/dzxwsgpc #SolarEnergy #RenewableEnergy #SolarInsights #ESIAfrica #EnergyInnovation #Sustainability

🌞 Q2 2024 Solar Energy Market in California Highlights 🌞 The solar energy landscape is evolving, and Q2 2024 showed some major shifts: -Residential solar installations saw a 49.8% YoY decline, with a steep 72.7% drop in June 2024. -Meanwhile, the commercial sector boomed with a 90.7% YoY growth, and 121.8% in June alone! -Tesla continues to lead the energy storage market, followed by Enphase and LG. -California reached a 20% solar penetration rate by the end of 2023. Despite challenges like changing net billing policies and fixed charges, high utility rates are still driving quicker returns on solar investments. The outlook shows residential solar facing headwinds, but commercial installations are expected to continue growing strong. 💡The solar market is changing rapidly—stay ahead with the latest insights! #SolarEnergy #EnergyStorage #RenewableEnergy #Sustainability #CleanEnergy #SolarTrends #Q2Update