BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
Wood Mackenzie says in a new report that China could install 230 GW of PV and wind capacity and export more than 200 GW of solar panels in 2023. Unlike Europe and United States, the country is avoiding the high curtailment of PV and wind.
Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 7.94 ($0.053)/kWh, with 105 MW of allocated capacity.
AEG is offering three versions of its new all-black solar panels, with power outputs of 435 W to 445 W and efficiency ratings ranging from 21.5% to 22.0%. They feature 108 half-cut monocrystalline cells with n-type technology.
Scientists in India have developed a 500 W seven-level inverter prototype based on switched capacitors. The device is reportedly able to achieve a high efficiency despite switching, conduction, and capacitor voltage ripple losses.
Solar capacity has rapidly grown in the United States, while manufacturing costs have fallen, prompting the US Energy Information Administration (EIA) to predict that PV will generate 14% more electricity than hydroelectric facilities in 2024.
France installed 2.2 GW of solar in the first nine months of 2023, bringing the nation’s cumulative installed PV capacity to 19 GW by the end of September.
The European Commission said last week it has greenlighted a €5.7 billion ($6.24 billion) scheme for Italy to develop renewable energy communities up to 1 MW in size.
Switzerland-based Studer says its new infra product can include up to 24 kW of solar and 30 kWh of battery storage. The system has two 12 kW inputs for solar panels and uses 5 kWh batteries from Italian manufacturer Weco.
Graphite Energy, a thermal storage company, is building a facility in Australia to demonstrate how renewable energy and agriculture can co-exist through agrivoltaic and greenhouse systems.
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