The predicted fall in global PV module prices appears to have already begun, with PVInsights and EnergyTrend reporting average prices in the $0.27-$0.37/W range.
At the smarter E-Intersolar Europe trade show this week, awards have been given to the technologies driving the energy transition to a low carbon future. Prizes include the Intersolar Award, recognizing PV technology; the EES prize for storage innovation; and the smarter E awards – one of which was given to an off-grid agricultural project in Australia.
JP Morgan-advised developer says it is on track to deliver 400 MW of capacity in Japan after announcing funding for 46.6 MW Tono project.
Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, Secretary of India’s Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined India’s plans for becoming a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.
Developer has posted positive financial results for the second quarter running, following the company’s restructuring. Though its discontinued module manufacturing operations are not included in financial results for the first quarter, the company more than tripled net income on the previous three-month period.
pv magazine met with representatives of Chinese inverter manufacturer Huawei at the company’s booth at Intersolar Europe today to discuss the patent infringement case brought by SolarEdge in Germany.
Kyocera will participate in a new project in northern Japan to test how flexibly electricity suppliers can respond to fluctuations in energy supply and demand.
While tariffs may inhibit India’s ability to benefit from anticipated record low Chinese panel prices, Japan already has a strong pipeline and two of the world’s solar pioneers – Spain and Italy – could be given a shot in the arm by new administrations.
There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.
Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries.
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