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The next batch of energy yield results from the outdoor test field at Xi’an, China are out.
Solar PV has come a long way as a power generation technology. As highlighted in SolarPower Europe’s Global Market Outlook for 2018 to 2022, solar added 98 GW of net generation capacity last year, eclipsing all other forms of electricity generation. But solar needs to do a lot more, and to do it very soon if we want to limit greenhouse gas (GHG) emissions and keep global warming to below 1.5°C from pre-industrial levels.
As the deployment of renewable energy continues to expand around the world, driven by various inputs, such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable energy. ‘Renewables 2.0’ will have significant, wide-ranging consequences for all market players, as regulators reduce their support and power producers seek new revenue models. In this article, Duncan Ritchie, partner at Apricum – The Cleantech Advisory, will look at the key market developments for renewables, explode the myth of grid parity, highlight the need for flexibility and explain the importance of new financing solutions that are capable of meeting the new complexities brought about by ‘Renewables 2.0’.
With the release of second quarter financial results, the rankings of global module shipments in the first half of the year can be confirmed. JinkoSolar shipped 4.8 GW to take first place in this period.
By 2025, Taiwan aims to reach a cumulative installed solar PV capacity of 20 GW. However, by mid-2018, just 11.2% of this goal had been met. TrendForce analyst, Rhea Tsao, examines the situation and discusses what needs to be done to reach the target.
Module degradation tests are essential not only for effective plant operations, but also to ensure an optimum ROI. However, fixed laboratories, where such tests are usually carried out, involve transportation issues, while it is not always economically feasible to send in mobile laboratories. So how can degradation in these instances be measured? Leonardo Enrique Pérez Abreu, Technical Manager of the Testing & Optimization department at Enertis discusses this issue.
A new report published by Chatham House for the Moving Energy Initiative examines energy spending of humanitarian aid organizations. The authors claim that with modern clean energy systems the sector could save US$517 million per year on fuel costs, as hitherto the majority of refugee camps and other facilities are run on diesel gensets.
A total of 414 investors managing US$32 trillion in assets have called on the world’s policy makers to take action against climate change. It has been called the “single largest policy intervention” of its kind.
PXiSE will deploy its Active Control Technology to manage up to 50,000 distributed energy resources across Horizon Power’s 2.3 million square kilometre network, which it says will enable higher levels of renewable energy.
Consumer- and municipally-owned energy systems are lauded as key elements of the energy transition. However, their market design in many regions is still prohibitively complex. The European Committee of the Regions has presented a policy recommendation to address these issues, and enable a just and democratic energy transition.
According to a report from the Centre on Regulation in Europe (CERRE), lower capital costs for large-scale wind and solar projects, and much higher fossil fuel and carbon prices could lead to renewables becoming self financing by 2025. If these conditions do not materialize, more auctions and tenders may still be needed.
The Indian state is looking to install 1 GW of new solar PV power under a new tender issued. A ceiling tariff of Rs 2.80 (US$0.039) has been set.
A total of 1.58 GW of new PV systems have been registered with Turkey’s grid administrator in 2018. Of this new capacity, 1.51 GW is in the unlicensed project segment, for arrays up to 1 MW in capacity, while the remaining 63 MW is for larger projects that had been successful in bidding for PEKA auctions.
Although renewable energy targets have been revised down, the archipelago’s government said that wind and solar will still see their share increase considerably over the next decade.
The World Bank and the Kenyan Government have announced a new strategy for attaining universal energy access for Kenyans by 2022. The plan underlines the importance of off-grid solar installations in reaching that goal. The investment opportunities for the coming five years are around US$14 billion.
India’s much-hyped first wind-solar hybrid auction found just two bidders, with 360 MW of the 1,200 MW finding no takers at all. This is the second time the Solar Energy Corporation of India (SECI) has held this auction, after the first round in May failed to attract bidders.
Hydrogen holds promise for harnessing renewables to produce clean fuel for transport, growing a green energy-export industry, and overcoming seasonal intermittency challenges in the grid. On the road to viable hydrogen production every cost-efficiency measure counts.
The system turns light of white-glowing molten silicon into electricity using specialized PV cells. The researchers claim that the concept could store electricity at around half the costs of pumped hydro. A single system comprising two ten meter tanks could power 100,000 households.
Eliminating emissions from the air would increase solar radiation by an average of 11%, allowing solar cells to generate one tenth more electricity claim researchers in a new study. Focusing on China, they say an additional 85-158 TWh of electricity could be generated annually in 2040, if the air was clean.
UNSW Sydney has partnered with Leadmicro to develop the next generation of PERC solar cells and fast-track their time to market. The Chinese PV production machinery manufacturer is donating $1 million Atomic Layer Deposition (ALD) reactor to UNSW to test and adapt a new process for PERC cell solar cell production.
Scientists at Harvard University have developed a type of material that can be programmed to move in response to various stimuli, including light. One possible application, says the group, could be in solar panels with integrated microstructures that track the sun without any energy input.
Meyer Burger’s largest single shareholder has requested the company change strategy. Sentis Capital has urged the Swiss technology company’s board to raise sufficient capital for it to set up its own GW-sized production facility for its heterojunction and tandem cell PV technology. Meyer Burger has responded that it is view of only one shareholder.
According to EnergyTrend and PV Info Link, the downward spiral of prices along the PV value chain has come to a halt. Nonetheless, by bringing together the two pieces of recent market analysis, regional and value chain variations can be observed.
A number of significant manufacturing and investment plans in China, Germany and North America by major automobile makers VW, Tesla and BYD are backing up predictions that electric vehicle car sales are set to skyrocket in the coming decades.
The European solar association has called on Europe to set up 5 GW of solar PV module manufacturing capacity to cater to the expected around 15 GW of annual demand.
Chinese solar manufacturer Seraphim has announced plans for a 500 MW cell factory in Port Elizabeth, South Africa. The company also plans to expand an existing 300 MW module factory in South Africa’s Eastern Cape region by 200 MW.
A Wood Mackenzie report shows U.S. energy storage deployments tripling in capacity during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.
New Zealand will connect 3,000 home battery systems to the national grid to provide demand response services. The government has also set up a US$69 million finance company to accelerate investment in distributed energy generation and electric vehicles as part of its 2050 carbon neutral goals.
A new report analyzing the world’s largest lithium-ion battery’s performance in the first year of operation shows the Hornsdale Power Reserve has delivered on high expectations of its performance and market impact. It has helped stabilize the grid, avoid outages and reduce system costs, as well as triggered a surge in uptake of similar fast response systems across Australia.
After months of preliminary work, the time has come: With its PV+home storage network, sonnen GmbH has received prequalification from TenneT to participate in Germany’s primary control energy market. While it is currently allowed to deliver 1 MW, the goal is to supply 100 MW.
ACT gas network operator Evoenergy and the Canberra Institute of Technology have partnered to build a first of its kind hydrogen test facility at CIT Fyshwick. The station will test up to 100% hydrogen in deployments in which natural gas is currently used.
Independent, professional reporting on the latest technological trends and market developments worldwide. 12 issues per year including free worldwide delivery and access to our online archive.
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