Opinion & Analysis

Green bonds have experienced rapid growth since their inception in 2007, and participants in the solar energy industry stand to benefit. In 2019, issuers launched over US$250 billion in green bonds offerings, representing 51% growth year over year.

Global floating PV installations are set to jump by 143% from 2019 to hit more than 900 MW of annual capacity additions this year, according to IHS Markit’s Floating PV Report – 2020. Growth has been driven in recent years by a surge in the number of floating PV systems installed in countries such as China, South Korea, Japan, and the Netherlands, with total global installed capacity reaching about 1.5 GW at the end of 2019. IHS Markit Research Manager Cormac Gilligan and Senior Analyst Chris Beadle examine how these countries have taken the lead, with developers building large quantities of floating PV, while also installing pilots to better understand the technology and test its capabilities and cost-effectiveness.

Self-consumption, the ability to isolate from the grid and provide power in the event of outages, and agricultural solar are key components in the 2020 revisions to Japan’s feed-in tariff program, reports RTS Corp.’s Izumi Kaizuka.

As p-type mono cell efficiencies edge closer to their limits, n-type cells are increasingly being recognized as next-generation technologies, writes PV InfoLink analyst Amy Fang. Manufacturers have focused their research and development efforts in recent years on the creation of commercially viable pathways for heterojunction (HJT) and tunnel-oxidized passivated contact (TOPCon) cells.

Australia has certainly demonstrated its appetite for solar power. Now, with the average lifespan of a solar panel being approximately 20 years, many installations from the early 2000’s are set to reach end-of-life. Will they end up in landfill or be recycled? The cost of recycling is higher than landfill, and the value of recovered materials is smaller than the original, so there’s limited interest in recycling. But given the presence of heavy metals, such as lead and tin, if waste is managed poorly, we’re on track for another recycling crisis. A potential time bomb could present itself as an opportunity, however, if the global EV industry showed an interest in the recovered solar products.

For an investor of large-scale solar PV power plants, efficiency and reliability are two of the most interesting issues. For rating purposes, the Performance Ratio (PR) factor, has been created. However, this metric is only suitable for comparisons to a limited extent, argues Edwin Cunow, owner of LSPV Consulting.

As of November 2019, certain RES producers have been intermittently forced to reduce their output or halt production of electrical energy altogether under the instructions of Ukraine’s transmission system operator, NEC Ukrenergo. DTEK, along with several other large market players led the call for limitations. Many of the country’s RES producers have become alarmed.

Looking at the various solar power plant mechanisms brought by regulatory changes in 2020, the Turkish PV market is aiming to adopt some exciting new financial and business models.

France’s National Institute for Solar Energy takes a look at the state of play in the European solar panel recycling industry.

With Swiss solar equipment company Meyer Burger laying plans for a module fab in North Rhine-Westphalia and Norwegian panel maker REC Group mulling a fab in Sarreguemines, northeastern France, Xavier Daval – from French renewables association the SER – says it is time Europe resumes its path to a stable solar manufacturing industry, not least because of the rising proportion of solar module costs accounted for by shipping.