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19 May 2021updated 05 Nov 2021 9:31am

Solar power must be sustainable across the value chain – report

Trade association SolarPower Europe calls for consideration of seven key issues across the value chain – and analyses how the international solar PV industry is currently addressing these – to promote sustainable development.

By Energy Monitor Staff

Sustainability must become the guiding principle of the solar PV sector, and players must take stock of issues across the whole value chain, concludes industry group SolarPower Europe in a new report.

Free Report
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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
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As the most cost-competitive and versatile energy source globally, solar PV is a key player in global sustainable development.

However, the concept of sustainability extends far beyond the carbon footprint of any single technology, and consideration must be given to all environmental, social and economic impacts of the sector, says the group.

Solar panels being fitted onto the roof of a church in Virginia, US. (Photo by Andrew Caballero-Reynolds/AFP via Getty Images)

Solar PV players are encouraged to use the report to “benchmark themselves” to improve responsibility, transparency and accountability across their operations.

SolarPower Europe calls on companies to work across seven categories: carbon footprint; circularity; sustainable supply chain; biodiversity in large-scale solar; planning and design for public acceptance; human rights; and supply chain transparency.

For each of the seven categories, the group identifies key sustainability challenges, and identifies real-life examples of best practice.

Free Report
img

Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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