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Markets & Policy

Shedding light on tandem perovskite solar cell progress

Perovskite PV devices are set to become the next big thing in solar with market analysts at S&P Global Commodity Insights predicting 1 GW of production by the end of 2024, rising to 6 GW in 2025. Perovskite tandem devices are at the front of the queue for commercialization but their characterization presents technical challenges.

The Hydrogen Stream: Nikola to sell 100 fuel-cell hydrogen trucks to Port of LA

Nikola plans to sell 100 hydrogen fuel-cell trucks for logistic operations in California, Volvo has started developing hydrogen combustion trucks, and Airbus has announced plans to launch a study into hydrogen projects in the US state of Georgia.

Chinese PV Industry Brief: Cumulative PV capacity tops 670 GW

China’s cumulative PV capacity has surpassed 670 GW. The nation deployed approximately 60.5 GW of new solar in the first four months of 2024, including 14.37 GW in April alone.

When is the next Aurora due and what’s the impact on solar generation?

In a new weekly update for pv magazine, Solcast, a DNV company, explains that the solar cycle does tend to increase the earth’s average annual extra-terrestrial irradiance, but only by a very small amount. It also explains that, while the annual cycle of extra-terrestrial irradiance causes a steady, predictable and significant 3.5% change through the seasonal cycle, the peak of the 11-year cycle of solar activity causes a smaller, more sporadic and unpredictable set of fluctuations.

Policy uncertainty creates ‘gap’ between hydrogen aims and reality, says BNEF

BloombergNEF (BNEF) says in a new study of 1,600 planned hydrogen projects that governments will miss their 2030 hydrogen targets. Analyst Adithya Bhashyam tells pv magazine that most of the announced projects to the end of this decade lack the key conditions for success.

Energy security in renewables-based systems

A new report from the International Renewable Energy Agency (IRENA) examines the global energy system’s transformation and its implications for energy security. It tells policymakers that energy security in renewables-based systems will require multi-dimensional thinking.

Malaysian IPP to expand solar portfolio with new acquisitions

Malakoff Corporation Berhad, a Malaysian independent power producer (IPP), plans to acquire a 51% share in ZEC Solar and a 49% stake in TJZ Suria. It says it has already signed a share sale and purchase agreement with Zelleco Engineering.

ESMC publishes recommendation paper for Net Zero Industry Act

The European Solar Manufacturing Council (ESMC) has voiced support for the inclusion of non-price criteria in auctions for solar modules, as laid out in the EU Net Zero Industry Act. The council’s recommendation paper also calls for member states to adopt the act as quickly as possible and highlights concern around cybersecurity and data security in relation to Chinese inverters.

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‘There are no shortcuts to success’

This week, Women in Solar Europe (WiSEu) gives voice to Oana Ijdelea, the founder and managing partner of Romanian law firm Ijdelea & Associates. She says there is no objective blockage impeding women from pursuing a career in the renewable sector. There is, however, a vicious circle where women may become reluctant to apply for a position where males appear to be more present, and on the other hand, the lack of female presence in such roles does not encourage other women to step in.

Desert-to-Power initiative seeking consultants for 10 GW of solar

The African Development Bank has asked financial management specialists to submit expressions of interest for two parts of its Desert-to-Power initiative, which aims to deploy 10 GW of solar by 2030 in the Sahel region.

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