Opinion & Analysis

Bifacial modules are one of the older developments in solar panel technology, dating back to the 1960s. It is also one of the latest advances to take hold. According to many experts, however, it is now on track as the latest trend to sweep the solar industry and will soon become the standard.

David Riester of Lacuna Sustainable Investments, looks at how, on the journey from concept to monetized power plant, renewables and energy storage projects tend to get tugged toward ‘zero’ margin, from either direction. The further the rubber band is stretched, the stronger the pull back toward zero.

As renewables penetration increases, transmission and distribution (T&D) infrastructure will require significant reinforcement. Battery storage is becoming a key alternative to traditional ways of reinforcing network infrastructure, because it is fast to deploy, can provide multiple services, and often comes at a lower capital cost. IHS Markit analyst Oliver Forsyth delves into the additional value streams that strengthen the case for grid-connected batteries.

On July 21, 2020, the Law on Feed-in Tariff Restructuring was passed by the Verkhovna Rada of Ukraine.

The warranty risk of solar must be addressed early in the development phase of PV projects, as it is not possible to buy warranty insurance later during the operational phase. Decisions taken by developers at this stage will remain important for the next 25 years. The good news is that an industry standard exists, and it can be easily and cost-effectively applied to most PV projects, writes Ronald Sastrawan from Munich Re.

Recent years have seen an explosion of installed PV capacity across the European Union, fueled by the well-documented rapid reduction in technology costs and favorable subsidy regimes in many jurisdictions. However, one corner of Northern Europe remains relatively untouched by the solar revolution, writes Adam Sharpe of Everoze. The Republic of Ireland currently has the second-lowest amount of installed PV capacity in the European Union, at just 36 MW by the end of 2019.

The solar sector is no stranger to breaking records. Perhaps the most impressive figure to emerge from SolarPower Europe’s new ‘Global Market Outlook’ is that the global solar sector will reach terawatt scale by 2022 – just four years after the 500 GW milestone was reached. Michael Schmela from SolarPower Europe sets out the reasoning behind this and other key findings in the report.

As the Covid-19 pandemic gradually eases, countries around the world have slowly begun to relax lockdown measures. Some countries have also launched varying types of economic stimulus to support the solar sector. In contrast to others, the Chinese market is stable, as the country has had some success in controlling the virus.

This year marks a uniquely critical juncture on the road to universal access to affordable, reliable, sustainable, and modern energy. The massive disruption caused by Covid-19 complicates the outlook to 2030, which is the target date for reaching UN Sustainable Development Goal (SDG) 7, writes Rohit Khanna, manager of the World Bank’s Energy Sector Management Assistance Program.

Global solar tracker shipments reached new record levels in 2019, exceeding 31 GW, up 55% year on year. Exceptional demand in the United States – as well as multiple gigawatt markets in Brazil, Mexico, Chile, Spain and Australia – helped propel the market to new heights, writes Cormac Gilligan, associate director at IHS Markit.