Opinion & Analysis

A growing number of companies globally have set sustainability targets to address the climate emergency. More than 700 companies are taking action to reduce their carbon footprint, write Caroline Zhu and Jiayin Song of Rocky Mountain Institute, and over 200 companies have publicly made the RE100 commitment to procure 100% of their electricity from renewable energy.

The annual installed PV capacity for Japan is expected to be 7 GW (DC) in 2019, according to RTS Corp. Cumulative PV installed capacity now stands at 63 GW. In addition to the robust introduction of small-scale PV projects, the development of already approved large-scale PV projects under the FIT program was advanced by the end of the year, say RTS analysts Takashi Ohigashi and Izumi Kaizuka.

The increased urgency for the automotive industry to deal with the disposal of EV batteries in the mid-term future will act as a catalyst for the emerging second-life battery market, writes Abhishek Sampat, Principal Analyst at Delta-EE. Automakers, and potentially third parties, are expected to exploit new value streams and a second-life market is predicted to drive down costs for stationary energy storage, with little to no compromise in quality to the end user.

Bifacial solar module technology will find beneficial application in a significant number of solar energy power plants, according to a technical assessment conducted by ArcVera Renewables. While advertised 25% or greater gains in energy yield are unlikely for most projects, typical project energy production gains are 3-10%. Analysis finds that many projects under the scrutiny of informed technical due diligence, proper measurement and site design, will reap meaningful net present value. Although financing institutions have recently not awarded significant debt financing value to bifacial projects, full credit for bifacial benefits are expected to accrue rapidly, as experience and market penetration increases.

According to PV InfoLink’s database, JinkoSolar topped the 2019 rankings for global module shipments with around 14 GW – far higher than any of its rivals. Notably, this is not the first time Jinko has secured the No. 1 spot; it has avoided slipping from the top as many of its predecessors did in the industry’s earlier years. The company is followed by JA Solar and Trina Solar (each shipping more than 10 GW), and then Longi, Canadian Solar, Hanwha Q Cells, Risen Energy, Suntech, Astronergy, and Talesun.

Global demand for replacement inverters will likely grow by almost 40% to reach 8.7 GW in 2020, as a large and expanding installed base of aging solar PV installations drives deployment, writes Miguel De Jesus of IHS Markit.

Energy Communities are one of the most talked about recent advancements in the world of energy, but what they are exactly and what kind of value proposition they provide is seen on a broad spectrum. There are many different definitions of communities – therefore, understanding energy communities requires us to first unpack the idea of community itself.

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.