European corporate PPA market bound for another record year in 2024
At the RE-Source conference this week in Amsterdam, RE-Source Platform Policy and Impact Director Annie Scanlan projected record corporate power purchase agreement (PPA) growth in Europe for 2024. Corporate PPA capacity has already reached 10.7 GW this year, nearing last year’s record of 10.8 GW.
Weakening Chinese module prices trigger CPIA minimum cost guidance
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
BP completes takeover of Lightsource business
Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.
Borderline La Niña may brighten winter for U.S, Mexico, Brazil
In a new weekly update for pv magazine, Solcast, a DNV company, forecasts drier and sunnier conditions in the forthcoming winter across key solar areas in the southern United States, Mexico and Brazil, driven by borderline La Niña conditions.
Record year for UK heat pump installations as installer numbers surge
Certification scheme MCS records another record-breaking year for heat pump installations in the United Kingdom, as well as the highest number of certified contractors on record. MCS Head of Scheme Alex Hughes discusses solar, storage and heat pump trends with pv magazine.
Navigating solar panel supply challenges through digitalization
High interest rates, excess warehouse inventory, and falling component prices have created a perfect storm for solar distributors since October 2023. BayWa re Solar Trade CEO Frank Jessel explains how the industry can embrace true digitalization to better navigate this volatility.
HyperStrong’s 2-in-1 EV charger, battery storage system
The charging and storage all-in-one machine HyperCube Pro was developed in response to growing demand for fast-charging EV infrastructure and based on solid-state lithium iron phosphate battery cells developed in-house.
Positive early results from first test of perovskite tandem solar cells in space
Helmholtz-Zentrum Berlin has reported strong initial results from its first test of perovskite tandem solar cells in space, where perovskite-silicon and thin-film cells on an OOV-Cube satellite are showing resilience to high radiation levels and possible “self-healing” from radiation damage.
European Commission offers share of €4.8 billion fund to solar projects
The European Commission is offering 85 net-zero projects a share of €4.8 billion ($5.2 billion) in grants from the latest round of the EU Innovation Fund. Some of the projects will contribute to 3 GW of new solar manufacturing capacity.
Longi Green Energy sets world record for solar module efficiency at 25.4%
China’s Longi Green Energy has set a new world record for crystalline silicon solar module efficiency with its independently developed hybrid passivated back contact (HPBC) 2.0 module, achieving a conversion efficiency of 25.4%, according to a certification report from Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).
