Report: Solar storage market to hit $154.3bn by 2031

Report: Solar storage market to hit $154.3bn by 2031

According to research by InsightAce Analytic, the global solar energy storage market was valued at $45.63bn in 2022 and is projected to reach $154.30bn by 2031, growing at a compound annual growth rate (CAGR) of 14.7% from 2023 to 2031. Solar energy storage involves...

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Energy forecaster says UK will fall short of solar 2030 goal

Energy forecaster says UK will fall short of solar 2030 goal

According to UK energy forecaster Cornwall Insight, Britain is set to miss its target of decarbonising the electricity grid by 2030. Cornwall Insight, a widely well-regarded forecaster, has predicted in its latest Benchmark Power Curve report that solar and wind power...

New report shows demand for solar displaced fossil fuels

New report shows demand for solar displaced fossil fuels

According to a new report by Montel Analytics, energy generation from fossil fuels in Europe reached a record low in Q2 2024 while demand for solar power increased. The new report also demonstrates that Q2 saw a record high of solar and wind energy generation....

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