In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

In the first week of June, prices of most European electricity markets fell and some negative prices were registered, thanks to the decrease in demand and prices of gas and CO2, and to the increase of renewable energy production in some cases. However, prices rose in the Nord Pool and MIBEL markets, with the latter being the highest weekly price, something that did not happen since the first week of November. A record photovoltaic energy production was registered in Germany on June 3.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

In a new weekly update for pv magazine, Solcast, a DNV company, presents the solar irradiance data it collected for North America in May. New York registered a new record on May 18th, when solar power met 20% of the state power demand, while Los Angeles and San Diego rooftops actually received less irradiance during May than New York’s or Boston’s.

Gas and CO2 prices continued their downward trend in the fourth week of May, which led to a general downward trend in prices in European electricity markets and several negative hourly prices were registered, which reached -€400/MWh in Netherlands. The notable exception of the Iberian market, which saw a rise in prices, came from the fall in renewable energy production. During the week, records of solar photovoltaic energy production were reached in Germany, France, and Italy.

The first post-pandemic update on the state of the world’s off-grid solar industry has painted a picture of domination by European companies, but highlighted the potential for new startups in West Africa and an increasing use of PV as a backup to unreliable grid supplies.

The off-grid solar sector has shown resilience in the face of pandemic-related challenges, with 70 million people gaining access to electricity from early 2020 to the end of 2021. However, the ability to pay for solar energy kits has taken a hit.

The African Development Bank has announced that European and US donors will provide $20 million of concessional loans to support pay-as-you-go solar companies in sub-Saharan Africa.

With comparisons with a Covid-hit 2020 inevitably offering a string of positive numbers, there was also little to concern the board of the inverter and battery manufacturer from the returns generated in the last quarter.

The latest edition of a clean power jobs survey produced by IRENA and the International Labour Organization has stressed the important role which will need to be played by the public sector if the energy transition’s employment benefits are to be shared equally.

India added 518 MW of new open-access solar capacity in the January-March period, from 308 MW installed in the previous three months.

The Queensland government has awarded two key contracts for what it says will be the largest pumped hydro energy project in the world, with the proposed 5 GW/120 GWh Pioneer-Burdekin pumped hydro energy storage system to form a cornerstone of the Australian state’s energy transition.

The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.

The Export-Import Bank of the United States (EXIM) has awarded a loan to Angola’s Ministry of Energy and Water to deploy two large-scale solar power plants.

PV manufacturing capacity is projected to more than double by 2024, led by China, but oversupply is also anticipated, according to the International Energy Agency (IEA).

Luxembourg has selected 75 solar projects in the nation’s first procurement exercise for self-consumption. It will launch a second tender in July.

UK scientists have developed Solar2Water, a system that generates twice the amount of water as conventional atmospheric water generators. The system operates efficiently with the same energy input, regardless of air humidity, relying solely on photovoltaics.

Lebanon’s persistent political and economic meltdown, resulting in widespread poverty and an incapacitated electric utility, has led citizens to adopt off-grid solar-plus-battery systems. Over the past two years, they have installed a record-breaking 900 MW of PV.

An Italian research group has assessed the advantages of combining solar power generation in greenhouses with vertical farming. The scientists claim this new approach offers better land use while increasing agricultural yield.

At this year’s SNEC exhibition in Shanghai pv magazine caught up with Lisa Zhang, Vice President of Marketing at Growatt. At their SNEC booth, Growatt showcased its new 100 kW hybrid inverter WIT 50-100K-HU/AU, developed for commercial and industrial applications.

CEA-INES researchers and Enel have developed a new solar cell with an active area of 9 cm² and an open-circuit voltage above 1,900 mV. Their results improve on the 26.5% efficiency they achieved for the same kind of cell in March.

US researchers have designed a 2D solar cell based on TMDCs that may exceed by far the efficiency of this device typology, which usually doesn’t exceed 6%. The novelty of this cell consists of its superlattice structure, which the research group said can separate the layers of 2D TMDCs by a spacer, thus improving light absorption.

Toshiba Carrier has been recognized at the 2023 National Invention Awards of Japan for its innovative discharge port structure in multi-cylinder rotary piston compressors for heat pumps. The technology tackles the problem of overheating, resulting in improved heating capacity and efficiency.

NASA and SpaceX have successfully launched two new roll-out solar arrays, known as IROSA, to enhance the energy production capacity of the International Space Station’s microgravity complex. These arrays will provide an expanded and efficient power source for the space station’s operations.

A group of researchers and data scientists from the Chesapeake Conservatory studied the construction of solar energy facilities in states surrounding the Chesapeake Bay Watershed and found that solar developments on already cultivated land did not adversely impact biodiversity.

The Melbourne Market Authority has switched on a 2.4 MW solar carpark at its facility in Melbourne, Australia. It is the first phase of a three-stage project that will culminate in a 10 MW rooftop system.

A research group from Ireland developed a PVT system consisting of a 170 W photovoltaic panel connected to a water tank placed at the backside of the PV module itself. The PVT module is able to considerably reduce the temperature of the PV unit while producing hot water for residential use.

A Spanish-Finnish research team has fabricated an IBC solar cell with an ultrathin black silicon wafer with a thickness of 40 µm. The device is based on vanadium oxide and laser-processed phosphorus-doped silicon carbide stacks as hole and electron transport layers, respectively.

Shoals Technologies has filed a patent infringement complaint against Hikam America and Voltage, LLC, with the US International Trade Commission (ITC).

Chinese manufacturer Akcome has released a new line of heterojunction solar panels with a nominal power capacity ranging between 710 W and 730 W and a conversion efficiency of 22.80% to 23.50%.

ONGC Tripura Power Co. (OTPC) and Assam Power Distribution Co. Ltd. (APDCL) have set up a joint venture to deploy a 250 MW/500 MWh battery in Assam, India.

Former Reserve Bank of Australia Deputy Governor Guy Debelle has warned that the US Inflation Reduction Act (IRA) poses a “material threat” to Australia’s push to become a green hydrogen superpower.

Torrent Power has signed a deal with the Maharashtra state government in India to set up 5.7 GW of pumped hydro storage capacity, while NHPC, a state-owned hydropower producer, is actively exploring pumped storage projects across multiple states in the country.

Japan has announced plans to invest $150 billion in hydrogen over the next decade, while Malaysia has revealed that it will invest in solar and hydrogen under a new energy roadmap. Separately, Kansai Electric Power and Canada’s ATCO have agreed to collaborate on a feasibility study for green hydrogen supplies.

Germany’s MAN Energy Solutions has supplied two 50 MW seawater heat pumps for district heating at the port of Esbjerg, Denmark. They use CO2 as a refrigerant and will be powered by nearby wind farms. The project will start producing 350,000 MWh of heat per year in the fall.