Imec hits 23.9% efficiency on 4cm² tandem perovskite/silicon module
Belgian research institute Imec has achieved a conversion efficiency of 23.9% on a perovskite/silicon tandem module measuring 4 square centimeters. This efficiency level, according to Imec, represents the first time such a stacked configuration has outperformed a standalone silicon solar cell.
Philadelphia Solar to build 12 MWh storage system at Jordan PV park
The lithium-ion large-scale battery will be the biggest in the Middle East once commissioned this year by Al Badiya, a subsidiary of Philadelphia Solar.
Ingeteam to supply 170 MW of inverters to three Moroccan projects
The Spanish inverter specialist will ship its 35 of its centralized Inverter Stations to the three sites over the course of this year, the company has confirmed.
Solarworld’s insolvency administrator reaches agreement with investor
Solarworld Industries GmbH, for which the former CEO Frank Asbeck has been registered as managing director, wants to continue most of the cell and module production at its German facilities. The meeting of creditors must approve the agreement on Friday. The investors also take over the shares in foreign companies, but not in the US subsidiary of the German photovoltaic manufacturer.
6.5% of global GDP still subsidizing fossil fuels, study finds
Amount of money spent propping up global fossil fuel industry reaches $5 trillion a year, finds study conducted by the IMF and published in the journal World Development.
India H1 solar installs surpass last year’s 12 month total, finds Mercom report
Approximately 4,800 MW of solar capacity has been commissioned in India in the first six months of the year, surpassing last year’s 4,038 MW total, finds new data from Mercom Capital Group. GST uncertainty could slow growth in 2018, however.
Ternienergia announces lay-off plan
The plan will affect 66 employees of the division for photovoltaic systems and energy saving.
Ukraine’s PV market grew by 132 MW in first half of 2017
The country’s cumulative installed PV capacity has now surpassed 700 MW, while total renewable energy generation has reached 1.46 GW.
Tesla seeks $1.5 billion bond offering while shifting its solar strategy
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, Tesla is emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
China installed 24.4 GW of solar in first half of 2017, shows official NEA data
The statistics, published over the weekend, reveal that June alone accounted for more than half of that total figure, increasing 16% against June 2016.
