Levelised Cost of Energy (LCOE)

Photovoltaics Report 2025

European countries are well into the era of annual TERRAWATTHOUR generation from solar PV, and the trend continues. Here’s some outtakes from this years Photovoltaics Report from Fraunhofer ISE, indicating the global state of solar photovoltaics (PV), some market trends, latest efficiency records, life-cycle metrics, and cost developments.

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Photovoltaics Report 2024

Photovoltaics Report 2024 The latest photovoltaics report has been published by Fraunhofer Institute for Solar Energy Systems, and here is our brief on this years market analysis. The Levelised Cost of Energy (LCOE) provides a comprehensive measure of the average cost to produce electricity over the lifetime of a power plant. According to the latest

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LCOE for Solar PV in 2023

Solar PV is the cheapest way to produce electricity. This has again been confirmed by a report on the US market from Lazard. The challenge is to increase technical competence to a level where solar PV systems achieve the lowest possible LCOE during operation.

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Photovoltaics Report 2022

Latest Photovoltaics Report from Fraunhofer ISE. The cost of solar modules is fairly uniform worldwide. Differences in the cost of utility-scale solar PV depend mainly on the balance-of-system costs. Solar PV is beginning to match Onshore wind in terms of electricity generation capacity.

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Ireland’s Renewables Update

Ireland had a “record” year for renewables in 2022 according to ESB Networks. In the 12 months to December, 688 MW of additional renewable projects were energised. Solar energy is just beginning it’s run, and has to deploy more than thirty-years worth of wind energy projects in the next five to seven years.

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Energy Monitors

How we consume energy is often just as important or more important than how much energy we consume. Install an energy monitor to get a clear picture of when and how … then use this information to better provide for your energy needs.

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Gravity Storage Systems

Gravity Storage Systems are, and should be, an essential component in any modern electricity grid. Similar to Pumped Hydro, Gravity Energy Storage Systems make ideal companions for Solar Energy in a balanced electricity generation portfolio.

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Power Purchase Agreements (PPA)

Power Purchase Agreements (PPA’s) provide all the benefits of solar energy without the upfront financial outlay. PPA’s are being increasingly implemented by savvy commercial companies in a volatile market.

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Advantages of Solar Energy

There are very many advantages to solar energy, and there is one way to avail of these advantages – solar PV panels.

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