Solar module prices may reach $0.10/W by end 2024
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.
New design for kesterite-kesterite tandem solar cells promises 24% efficiency
Scientists in China have designed a kesterite-kesterite solar cell with an optimized structure that may potentially achieve efficiencies nearing those of crystalline silicon PV devices. They improved the performance of the two subcells by adjusting band alignment at interfaces, selecting proper buffer layers, and adding a double layer to both devices.
Australia targets 32 GW of renewables with investment scheme
Australian Energy Minister Chris Bowen has announced a major expansion of the Commonwealth-funded Capacity Investment Scheme that will now target 32 GW of renewable generation and storage capacity to support the nation’s clean energy transition.
Soltec introduces hail defense algorithm for solar trackers
Hail losses in the United States exceeded $1 billion in 2021.
Solar potential of tough terrain
Nextracker has specifically designed solar tracker solutions for the challenges of the Indian landscape, by addressing issues such as undulating terrain and fluctuating irradiance conditions at utility-scale sites, Vice President and Managing Director Rajeev Kashyap tells pv magazine.
DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar
Dutch fund manager DIF Capital Partners has signed an agreement to purchase a majority of Dutch solar project developer Novar for an undisclosed sum.
Sax Power unveils plug-in 5.8 kWh lithium iron phosphate battery
Sax Power has developed a 5.8 kWh lithium iron phosphate battery, priced at €4,957 ($5,403) for end customers, with a smart meter for precise electricity delivery.
Italy’s January-September solar installations hit 3.5 GW
Italy deployed more than 3.51 GW of new solar in the first nine months of 2023, bringing its cumulative installed PV capacity to 28.57 GW at the end of September, according to the national energy agency.
The solar module surplus: EUPD Research considers Europe’s warehouse woes
As solar module prices continue to drop to record lows, amid global oversupply, questions are being asked about how much inventory is sitting in European warehouses and when normal levels will return. With numerous estimates and assumptions swirling, EUPD Research’s Markus A.W. Hoehner and Ali Arfa have looked closely at the numbers in an attempt to provide a transparent view of the issue.
Voltec Solar secures funds to make perovskite-silicon tandem modules
Voltec and the Institut Photovoltaïque d’Île-de-France (IPVF) plan to set up a pilot line for their new tandem panel tech in 2023 and their first 200 MW industrial demonstrator in 2025. They also plan to increase the factory’s capacity to 1 GW in 2027 and 5 GW by 2030.
