The PAYG solar start-up, which is a darling of impact investors, has formed a joint venture with French cotton farming giant Geocoton to establish a foothold in Burkina Faso and says it is aiming to offer its solar home systems to 2 million customers.
Paris intends to secure 34 GW of solar, onshore wind and hydroelectric generation capacity by 2026 by offering generators premium payments – determined by competitive reverse-bidding among developers – to top-up the market electricity price.
The latest update to the Photovoltaics Report produced by research organization the Fraunhofer ISE has offered up the usual slew of interesting stats on the state of solar across the continent.
Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.
Known as Australia’s “Sunshine State,” Queensland households have, in just two years, doubled their residential energy storage, according to a new survey. The figures reveal 37% of Queensland households now have panels installed, with a further 22% looking to install or upgrade their systems.
One question is whether or not manufacturers can keep up with demand, particularly inverters and semiconductors.
Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.
Two Italian experts on heat pumps and PV systems recently spoke to pv magazine about economies of scale, the European market, and the maturity of heating tech. The Eurac researchers said currently available heat pumps can run at -20 C and efficiently provide hot water up to 65 C.
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
A report commissioned by EU lender the EIB has dismissed the role solar mini-grids can play in achieving universal electrification by 2030 and signaled distribution to individual households should be the way forward, including sales to the residents of UN refugee camps in East Africa.
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