Russia is taking the lead in issuing a multinational stablecoin backed by commodities – a cyber-initiative connecting some of the most promising hub of hydrocarbon rich economies stretching across Eurasia, Africa and South America. However if such technology is fueled by hydrocarbon energy, temperatures are expected to rise 3.2 degrees Celsius above preindustrial levels by the end of the century. A decisive role could be played by the BRICS in finding innovative solutions to the functioning of the current global framework, particularly in transitioning to green economies.
Generous feed-in tariffs, a short-lived boom and retroactive cuts – the early stages of large-scale solar deployment in Europe followed a regrettable pattern. Project developers have increasingly turned to the legal system for restitution, and many have been successful, writes Daniel R. Meagher, a partner in Winston & Strawn’s international arbitration practice.
Since 2017, 156.75 mm M2 wafers have been the standard. However, improvements in cell efficiency appear to have hit a bottleneck, making wafer size a hot topic among manufacturers once again. In the second half of 2018, 158.75 mm G1 mono wafers were introduced to the market. Corrine Lin of PVInfoLink argues that while G1 will likely become the mainstream format over the next two years, 166 mm M6 wafers and 210 mm M12 wafers are presenting new options for manufacturers.
Some 15 countries are likely to be able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to conservative projections from BloombergNEF. Nonetheless, PV suppliers, developers and service providers are always on the lookout for new pockets of growth. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 “fast-growing” solar markets to evaluate where the opportunities, and potential risks, lie.
Without globally unified standards in waste management, the risk from toxic materials such as lead will become increasingly important.
After several years of weak solar demand growth in Europe, compared to the historical highs of 2011, installations are expected to surge by 88% to reach a new installation record of 23 GW in 2019, writes Cormac Gilligan, research manager at IHS Markit. A range of favorable macro conditions have coalesced this year to reignite the market.
Some of the world’s most cost-competitive solar arrays have been built among the rolling dunes of the vast Arabian Desert. While some government policies appear to be targeted at breaking records, nobody expects the oil-rich Gulf region to bring about truly sharp changes in pricing for solar PV plants.
Back in June, the Office of the U.S. Trade Representative (USTR) granted Section 201 tariff exemptions to bifacial cells and modules, but reversed the decision on Oct. 28. Two weeks after the reversal, the U.S. Court of International Trade issued a temporary order against the withdrawal of the bifacial exemption. An investigation is now underway, with the first hearing taking place on Dec. 5.
Building integrated PV has been described as a place where uncompetitive PV products attempt to go to market. But this may be unfair, says Björn Rau, the technology manager and deputy director of PVcomB at the Helmholtz-Zentrum Berlin. Rau argues that the missing link to BIPV deployment lies at the intersection of the architectural community, construction industry, and PV manufacturers.
By the end of 2018, China was home to around one third of global cumulative PV capacity, with around 175 GW of operational PV systems. In the context of China’s power sector, writes Frank Haugwitz of Asia Europe Clean Energy Advisory, the cumulative installed capacity makes up 9% of the total existing power generation capacity and contributed approximately 2.7% to total electricity generation.
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