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Weekend Read: Europe’s subsidy conundrum

On Nov. 6, the European Solar PV Industry Alliance (ESIA) published a recommendation paper in which it set out how its members envisage a European support scheme to foster the development of European solar. What chance does it have of actually achieving its goals? Götz Fischbeck delivers an assessment.

KU Leuven spinoff plans MW-scale production of solar-hydrogen panels

Solhyd, a KU Leuven spinoff, is refining its technology to reach megawatt-scale production of hydrogen-producing solar panels with a €6 million ($6.5 million) investment from a consortium of Flemish investors.

Two-dimensional supercrystal produces hydrogen from formic acid, sunlight

A research team in Germany has developed bimetallic two-dimensional supercrystals with remarkable catalytic properties. They can be used to produce hydrogen from formic acid decomposition and reportedly achieve record-breaking results.

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Energy Storage

The Hydrogen Stream: Masdar signs more hydrogen deals at COP28

Masdar unveiled a 10 GW Africa Growth Plan for renewable investments in six Sub-Saharan Nations at COP28 in Dubai this week, in addition to signing four additional hydrogen deals.
Markets & Policy

Chinese PV Industry Brief: Polysilicon prices continue to fall

Polysilicon prices fell by as much as 0.63% in China this week, according to the China Nonferrous Metals Industry Association (CNMIA).
Markets & Policy

Energetica Industries files for insolvency

Energetica Industries, an Austrian PV manufacturer, can no longer meet its payment obligations. A total of 120 creditors and 94 employees are affected by the insolvency proceedings.
Markets & Policy

Bangladesh approves 1.5 GW of solar

Bangladesh has approved more than 1.5 GW of solar projects over the past seven months, with recent developments including tariffs for 200 MW in November and 310 MW in October.
Markets & Policy

Planet One Group secures $52 million financing for 50 MW solar farm in Sierra Leone

A consortium of financial institutions last week announced they co-invested $52 million to help finance the development of a 50 MW greenfield project in Sierra Leone titled Planet Solar spearheaded by Frontier Energy and Planet One Group.

Press Releases

Solar Solutions Düsseldorf 2023: A Recap of Deye’s Energy Showcase

Germany, known for its engineering prowess and environmental consciousness, has been a leader in renewable energy adoption. Its Solar Energy market has been growing steadily over the years, driven by a combination of customer preferences and underlying macroeconomic factors.

Astronergy Jumps to Top 6 Among Module Manufacturers in 2023 BloombergNEF Bankability Ranking

Astronergy, a Tier-1 PV module manufacturer, announces its achievement in securing the Top 6 among all module manufacturers in 2023 BloombergNEF PV Module and Inverter Bankability report.

Autowell Highlights Innovation in Intelligent Module Manufacturing at CIPVIC 2023

Hosted by Tongwei Group, the 6th China International PV Industry Conference took place from November 13th to 16th in Chengdu, Sichuan. Tongwei Group, the organizer and a multinational corporation deeply involved in green agriculture and renewable energy, has become the first Fortune Global 500 company in the global solar industry after more than a decade of development in the PV industry.

JinkoSolar SunGiga Product Receives Prestigious PV Magazine Award 2023

JinkoSolar has been honoured with the PV Magazine Award 2023 for its latest commercial and industrial energy storage system SunGiga. This prestigious recognition highlights JinkoSolar's exceptional contributions and efforts within the renewable industry.

Opinion & Analysis


China module prices slide to new record low, manufacturers cut production

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.

November high pressure delivers high irradiance in the Northeast U.S., cloud in the Gulf

In a new weekly update for pv magazine, Solcast, a DNV company, reports that North America in November experienced a divide in irradiance patterns across the continent.

Finland’s gold rush: navigating the solar landscape

In the land of a thousand lakes and long, harsh winters, a surprising gold rush is under way – not for precious metals but for sunlight. Finland, often associated with its stunning natural landscapes, has become an unlikely contender in the global renewable energy market, particularly in the realm of solar power.

The extraordinary story of rooftop solar in Australia’s National Electricity Market

In this Opinion and Analysis piece, Lumi Adisa, Director of Energy Market Analytics at NEOM and ex-Investment Director of Energy Markets at Octopus Investments Australia, presents a deep dive into the unprecedented impact of rooftop solar in the NEM. As rooftop solar continues to drive changes in the intraday demand and price trends, it is evident that customers will remain a significant part of the energy transition for years to come.

Shivering temperatures boosted Europe’s electricity market prices

A cold snap rocketed demand for electricity in Europe’s main markets in the final week of November compared to the previous week, according to Aleasoft Energy Forecasting.

Empirical approach shows PV is getting cheaper than all the forecasters expect

With the consistently unambitious forecasts for solar trotted out by entities such as the International Energy Agency (IEA) now a matter of record, a German risk management company has tried to predict more realistic figures for 2030 and beyond.

Markets & Policy


Solar LCOE now 29% lower than any fossil fuel option, says EY

A report from Ernst & Young (EY) shows that despite inflationary pressures, solar remains the cheapest source of new-build electricity. The global weighted average levelized cost of electricity (LCOE) for PV is now 29% lower than the cheapest fossil fuel alternative.

Key takeaways from Italia Solare Forum

The Italia Solare Forum this week in Rome highlighted the renewed importance of the large-scale solar segment in Italy and underscored the huge potential of energy communities, given the EU’s recent approval of a dedicated incentive scheme.

EU likely to phase out fossil fuel-powered boilers by 2040

The European Parliament and European Council yesterday provisionally agreed to phase out fossil-fuel boilers in the next two decades, among a raft of other infrastructure recommendations aiming to boost infrastructure energy efficiency. Europe’s peak body for heat pumps, the European Heat Pump Association (EHPA), welcomes the news.

US solar industry back on roller coaster through 2026

The Solar Energy Industries Association (SEIA) and Wood Mackenzie predict that 33 GW of solar will likely be added in the United States in 2023. Despite economic challenges in the near future, solar is expected to be the largest source of generating capacity by 2050.

Canadian Solar to supply 1.7 GWh of batteries for UK storage project

Canadian Solar says its majority-owned subsidiary, CSI Solar Co., will supply 1.7 GWh (DC) of e-STORAGE batteries to an under-construction energy storage facility in Coalburn, Scotland.

Australian town to host 200 MW/1,600 MWh compressed air storage facility

Canada’s Hydrostor has struck a deal to provide backup power to a remote town in the Australian state of New South Wales by using a compressed air energy storage plant that will be built in an underground cavern at one of the region’s closed mines.



Exploring the depths of Italy’s oldest BIPV project

Scientists have assessed the performance of Italy's first publicly funded BIPV project, which was installed in 2001. Their analysis shows that only one of the 10%-efficient panels in the 11 kW array experienced a severe fault that caused the complete loss of functionality.

India’s installed PV capacity expected to hit 104 GW by March 2025

Currently, India has an installed solar power of around 73 GW, according to ICRA. New solar capacity additions in fiscal year 2024 and fiscal year 2025 are estimated at 17 GW and 20 GW, respectively.

Piling subcontractor fined after explosion on Australian solar farm

An Australian court has fined a subcontractor providing piling services at Columboola Solar Farm AUD40,000 ($26,300) for failing to comply with a health and safety standards after an aerosol can explosion caused a metal bar to strike a worker.

Masdar to build 7 MW of solar as part of Greek island’s green transition

The Greek government and Masdar have agreed to develop 7 MW of solar on Poros Island as part of the “GR-Eco Islands” initiative. However, the authorities and Abu Dhabi-based renewables developer have not disclosed the project costs.

Jamaican utility launches solar-plus-storage, wind project tender

Jamaica Public Service Company Limited (JPS) is inviting applications for engineering, procurement and construction services of a 115 MW utility-scale solar plant, 171.5 MWh battery energy storage system and 12 MW wind plant at unspecified locations at unspecified locations in the Caribbean country.

Fire suppression system for flat rooftops with PV systems

Minimax’s PVProtect system, which is recognized by German insurers, detects solar panel fires and fights them in their early stages.



MIT researchers plan to use acenes to make singlet fission solar cells

Acenes are benzene molecules with unique optoelectronic properties. Singlet fission solar cells can produce two electrons from one photon, making the cell more efficient.

New research identifies advantages of POE encapsulants in dual-glass solar modules

To understand better the long-term effects of humidity on durability of glass-glass modules, Austrian researchers carried out lengthy damp-heat tests on double glass modules made with EVA and POE encapsulants. They identified several POE advantages, such as improved interfacial strength and less water uptake, among others.

Toshiba develops PV photocoupler for automotive applications

Japan’s Toshiba says its new PV output photocoupler for solid-state relay could be used for battery management systems, onboard chargers, and inverters.

EKI Energy, IndianOil to jointly promote indoor solar cooking system

EKI Energy Services says it will oversee the production, marketing, installation, and after-sales services of “Surya Nutan,” an indoor solar cooking system designed and patented by IndianOil. The initiative will be supported by carbon finance.

Agrivoltaics may increase forage quality in semi-arid regions

New research from the United States showed agrivoltaic plants on grassland may not only maintain grass productivity but also increase forage quality. The scientists took their measurements at the Jack’s Solar Garden (JSG), an elevated, south-oriented agrivoltaic research facility using single-axis-tracking systems near Longmont, Colorado.

France’s Profils Systèmes unveils new solar veranda

Profils Systèmes, a French aluminum carpentry specialist, has developed Wallis&Energy, a new solar veranda that is designed to integrate seamlessly into existing buildings and new structures.



India’s Alpex Solar preparing IPO in Mumbai

India's Alpex Solar has filed a draft prospectus for an initial public offering (IPO) on the NSE Emerge trading platform in Mumbai. It plans to use the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and set up an aluminium frame manufacturing unit.

All solar cell efficiencies at a glance – updated

The research group led by Professor Martin Green has published Version 63 of the solar cell efficiency tables. There are six new results reported in the new version.

Swiss startup offers BIPV solution for residential, C&I applications

Switzerland’s Climacy has released its Smart Solar Roof solution, with a special mounting system attached to the backside of the solar panels. It features 430 W TOPCon solar modules with an efficiency of 22.5%.

Hail damage accounts for about half of all solar facility loss claims, says GCube

GCube Insurance says that hail damage accounts for less than 2% of filed claims but constitutes more than 50% of total costs for solar facility loss claims.

Scientists unveil low-cost, wireless monitoring system for PV systems

Researchers from Egypt have utilized NodeMCU WiFi modules and a single-board Raspberry Pi to monitor and control PV modules. Their tests showed a “good degree of agreement” between the system and multimeter readings.

Heliene expanding PV production in US market

Heliene has invested about $10 million to expand its manufacturing and assembly line in the US state of Minnesota.

Energy Storage


US Virgin Islands to cover 30% of power needs with solar-plus-battery systems

Honeywell Process Solutions has announced plans to install about 124 MWh of its battery energy storage systems alongside 140 MW of solar at six sites to help the US Virgin Islands cover 30% of its electricity needs.

Comoros to revamp its solar-plus-storage offerings, network

The Government of Comoros wants to improve the supply and storage of solar on its islands and is inviting applications for the development, operation and maintenance of multiple PV plants with a combined output of 9 MW, as well as battery and storage facilities totaling 20 MWh.

EnergyAustralia pushes forward with 335 MW pumped hydro project

EnergyAustralia has released the concept design for a 335 MW pumped hydro energy storage and generation project it plans to develop at Lake Lyell, in the Australian state of New South Wales.

Four ways heat pumps can assist the world’s energy transition

From using heat pumps in decommissioned power plants, to utilizing them for storage and carbon capture – scientists from China have listed the ways in which heat pumps can help the global energy transition move forward. They showed that their potential is beyond heat electrification.

Nuclear who?

Authors of the “World Nuclear Industry Status Report 2023” define the future role of nuclear energy in the global energy mix as “irrelevant” and “marginal.” The authors add that there were 407 operational reactors producing 365 GW in the middle of the year, which is less than installed capacity predictions for solar by the end of the year.

Statkraft looks into long-duration energy storage based on saltwater

Statkraft, a Norwegian energy company, is investigating the scalability and commercial viability of Aquabattery’s technology. It will finance a pilot project for between six and 12 months in the Netherlands.

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