Top News

IEA World Energy Outlook: Solar PV capacity to overtake all but gas by 2040

Even in its low ball scenario, the International Energy Agency (IEA) imagines that installed solar PV capacity will overtake that of all other forms of energy apart from gas by 2040. Overall, it presents four scenarios in its 2018 World Energy Outlook, which show a changing energy landscape. While it finds that CO2 levels are, perversely, on the rise, and that many energy efforts in all but the most whimsical of its forecasts are far behind those needed to seriously address global warming, it still imagines coal, oil and gas playing a leading role in our energy mix going forward. It also sees “dramatic” transformation in the electricity sector. Long story short: Read something else if you want to take real climate action. We suggest The Drawdown.
Markets & Policy

US: Duke issues $1 billion in inaugural green bond offerings

In what it touts as one of the largest green bond transactions issued by a U.S. utility, Duke Energy Carolinas has issued bonds to further renewable energy development.
Manufacturing

Manz reports improved Q3 sales, EBIT

The German PV equipment provider saw sales increase by a third in the first three quarters of 2018. Full year 2018 guidance remains unchanged.
Announcements

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Markets & Policy

EU Parliament approves RE directive

The European Parliament has today approved half of the eight legislative proposals of its Clean Energy Package, including the recast Renewable Energy Directive.
Installations

Bangladesh tenders 100 MW PV project

The solar park is set to be build in Sonagazi, on the southeastern coast of Bangladesh and must be developed under a joint venture with local power utility EGCB.
Installations

Denmark awards 19 MW in tender for solar up to 1 MW

The tender concluded with a final price ranging between DKK 0.1000 (US$0.15) to DKK 0.1490 (0.22) per kWh. Overall, nineteen 1 MW projects from eight different bidders were selected.
Installations

Ecuador introduces net metering for solar up to 500 kW

The new rules will enable the microgeneration from solar power generators up to 300 kW for residential users, and 500 kW for industrial users.

Press Releases

Seraphim Solar secures 80 MW supply agreement in Vietnam

Jiangsu Seraphim Solar System Co. , Ltd.

BELECTRIC completes three solar farms for EDF Renewables in Israe

End of October BELECTRIC has just completed three solar plants in the Israeli Negev Desert. BELECTRIC built and commissioned the plants with a total installed capacity of 34 MWp as EPC (Engineering-Procurement-Construction) provider on behalf of the owner EDF Renewables.

IDB Invest strengthens its commitment to solar energy with three projects in Mexico

IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, provides $86. 6 million in financing to the multinational company Enel Green Power for the construction and maintenance of three solar plants in Mexico with a total capacity of 1,088 MW.

BYD enters new market in Europe: Danish order for 27 ebuses

BYD is further expanding its footprint in Europe by confirming an order for 27 of its 12 metre pure electric buses for use in Copenhagen, the capital city of Denmark. It is the company’s first order for electric buses from Denmark and the second new country to be entered in 2018, after confirming its first order for Portugal earlier this year.

Opinion & Analysis

Featured

Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world

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’.

Low demand driving consolidation

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.

Will Taiwan meet its 20 GW solar goal by 2025?

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.

Degradation control tests for solar PV modules

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.

World Overshoot Day comes early this year

World Overshoot Day marks the day the world has used up its annual budget of the resources it could have sustainably consumed. Despite efforts in relevant sectors, the date is creeping forward every year. Twenty years ago, it was in late September.

India’s trade war will have global repercussions

India is currently the second largest market in the world for PV module demand. With China’s domestic demand frozen since the 31/5 notification, the country’s total module demand in 2018 will likely only achieve 32-34 GW. This will allow India, which may surpass 10 GW in annual demand, to reach 13% of global PV demand this year. As a result, the future of India’s trade war has become an influential factor in the global PV industry.

Markets & Policy

Featured

“The government should be doing more – absolutely.”

While Westminster has brought the U.K.’s solar industry almost to a standstill, city councils are fighting like Gallic villages to keep the industry alive. Still, policy support and legislative security from Westminster are direly needed.

Caterpillar, SunPower team up on CAT-branded solar

Caterpillar-branded SunPower modules will be available in Southeast Asia, Africa, South America, and the Middle East – but not yet the United States.

Energy transition slowly forcing hand of oil, gas, but green investment still low

Increasing scrutiny is putting pressure on the world’s biggest oil and gas companies to jump aboard the green energy wagon. While some are making efforts to divest away from conventional energies, figures estimate that just 1.3% of total CAPEX in 2018 from the leading 24 companies will go to alternative energies.

Lazard, Lazard, LCOE – what’s the cheapest energy?

Lazard’s newly released Levelized Cost of Energy Analysis 12.0, and Storage 4.0, finds that where utility scale wind works, it dominates – and that the unsubsidized cost to build new utility wind and solar facilities is equal to, and often less than running already-built fossil facilities.

Singapore launches blockchain-based renewable energy marketplace

Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.

Solar awarded entire 200 MW capacity in France’s mixed energy auction

The entire capacity of an experimental mixed auction for wind and solar has been awarded to large-scale PV projects, the French Government announced. The average tariff price secured was €54.94/MWh.

Installations

A route to repowering for inverters

While the replacement of modules in aging PV systems with new, higher efficiency technologies has proved profitable for many projects in Europe, the route to improvements on the inverter side has been less clear. Greentech’s IPG Efficiency Kit, writes Ingo Rehmann, Founder and Managing Partner of greentech, offers a significant yield increase and further benefits for inverters of the Conergy IPG K series.

Mexico postpones RE auction by a month

The country’s fourth long-term power auction, originally scheduled for November, will now be held on December 18. The preliminary call for the auction was made in March.

Rooftop solar may see lower development in border regions, study says

While analyzing the role of social spillovers in the adoption of solar energy solutions, a research team has found that cultural and language barriers may represent a factor causing lower levels of development. In particular, they discovered that the adoption of rooftop PV solutions may be up to 20% lower in border regions between the French-speaking and the German-speaking parts of Switzerland.

India Power wins Albania’s large-scale solar tender

The Indian company will build a 100 MW solar park in the Akërni salt flats, near Vlorë. A 50 MW section of the plant will sell power to the local distributor at €59.9 per MWh over a 15-year period, while the remaining portion will sell electricity at market prices.

Sunseap to build 5 MW floating PV at sea

Project developer Sunseap has announced plans for one of the world’s largest PV systems floating on seawater, to be built in the Johor strait which separates Singapore and Malaysia. The 5 MW system is expected to be completed in the first quarter of 2019.

Solar sector to add 552 GW by 2027 led by China

The leading trio – China, the United States and India – will comprise 70% of the projected 552 GW of solar capacity, which will be added between end-2017 and 2027, finds Fitch Solutions, which has revised down its original forecast for solar capacity growth in China. The curbed growth in China, due to subsidy cuts and restricted access to the United States and India, is expected to squeeze domestic solar equipment manufacturers, but also lead to access to cheaper solar panels in other smaller markets.

Technology

Featured

Flashing key for bifacial value

As new cell and module concepts move into large-scale production, and efficiencies are pushed ever higher, manufacturers of flash testing equipment must innovate to ensure their tools can provide reliable measurements, and cope with ever expanding production throughput. The expansion of bifacial technology beyond niche applications in particular raises new issues for flash testing standards. pv magazine spoke with several flasher manufacturers to shed light on the latest developments in this segment.

German scientists develop new process for stable perovskites

A team of researchers from Germany’s Martin Luther University Halle Wittenberg has developed a new approach to perovskite cell production, which they say could result in better stability and longer lifetimes. The team also made detailed observation of the perovskite’s formation and decay, which could help to inform further research into high performance solar cells.

The weekend read: Coating puts busbars back in the game

In late September, Heraeus launched its Selectively Coated Ribbons (SCR) technology. The product will be rolled out in partnership with ribbon supplier Ulbrich. Delivering a 1.9 W power output boost without any equipment investment and with few process changes, Heraeus’ Toralf Eggert and Ulbrich’s Peter Berghofer claim SCR will make conventional busbars competitive with unwieldy multi-busbars.

Longi sets new PERC module efficiency record

Chinese monocrystalline manufacturer Longi Solar Technology has broken its own record for PERC module efficiency, reaching 20.83% in independent testing conducted by TÜV Süd.

Annual scorecard will rate battery systems for developers

The first annual Battery Performance Scorecard has turned up interesting findings, including the fact high temperatures can help or hinder power output – depending on the product, and seemingly in equal measure.

What’s in store for storage? $1.2tn

The rise of batteries will attract that headline figure in investment up to 2040, say analysts, as exponential growth in EV ownership, falling stationery system costs and the needs of the world’s grid-poor regions combine to boost lithium-ion technology.

Manufacturing

Featured

Secrets of monocrystalline silicon

Monocrystalline cells and modules are rapidly overtaking multi as the dominant technology in solar markets globally. To understand why, you need to go up the value chain.

Taiwan’s URE handed $335 million syndicated loan

The Taiwanese solar manufacturer secured the funds from a consortium of banks formed by First Bank, Taiwan Cooperative Bank, Mega International Commercial Bank and CTBC Bank.

Enphase sold out into 2019, margins way up, projections bright

Enphase’s 3rd quarter results saw revenues at $78 million with an estimated $10 million sales shortfall due to a component shortage, as the company shipped 204 MW of inverters. Future speculation saw an international play on the IQ8, the SunPower partnership, and energy storage driving growth.

Singulus doubles up on CNBM production equipment order

A day after signing a 300 MW production capacity deal with the building materials company, the German company has announced exactly the same order – with the same customer – for a facility elsewhere in China.

Indian PV procurement leapt to 3 GW in October figures

Developers gave short shrift to warnings about depreciation, protectionism and tax headwinds as tendering and auction figures soared, but shied away from tough price caps set for the Solar Energy Corporation of India’s procurement exercises.

Chinese manufacturer prepares to raise $434m through bonds

The polysilicon, PV wafer and module and inverter maker has arranged a second EGM of 2018 to seek permission for two bond issues, as its peers scramble to raise their manufacturing capacities.

Energy Storage

Featured

Whole system thinking

Sector coupling is rapidly becoming a reality, writes Andy Bradley, Director of Business Development at Delta Energy & Environment, meaning that whole system thinking – cross vector as well as cross sector – is becoming ever more important. Energy storage has a vital role to play in enabling this more interconnected and dynamic energy system.

US regulators approve the world’s largest battery projects

CPUC has signed off on four lithium-ion battery projects in California, the United States, one of which at 300 MW is the largest battery project to date known by pv magazine.

NantEnergy acquires Sharp’s US energy systems & services

Zinc battery specialist NantEnergy has acquired the U.S. energy systems and services business from Japanese electronics giant Sharp. The acquisition, according to NantEnergy, will provide the company with an important foothold in the U.S. market and allow it to provide “energy as a service” business models, using its Zinc-air battery, in multiple markets.

EV makers announce latest monthly sales figures

BYD’s electric bus business is growing at an healthy rate. Geely’s EVs lag their more traditional counterparts – but are gaining ground.

UK storage on the fly with 6.9 GW cumulative pipeline

At an event in London, a new tool was presented which lets the user track the UK storage landscape. The market is gaining traction amidst disfavourable policies for solar PV and other renewables from Westminster. The UK’s storage portfolio seems to be growing rapidly.

‘Renewables mini grids need good policy frameworks’

The International Renewable Energy Agency says Asia is offering the largest amount of people mini grid access, with the development of such systems mostly led by governments. Global installed capacity reached 308 MW at the end of 2017.

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