While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
U.S. based Hanergy subsidiary Miasolé has achieved a record 17.44% conversion efficiency for a large area flexible CIGS module. The record has been confirmed by the Fraunhofer Institute for Solar Energy Systems.
First-quarter figures from German engineering association the VDMA showed that, while orders picked up after a slow end to last year, almost all PV production equipment produced in the country is shipped abroad, with China the leading destination.
AES has announced the start of construction of its Alamito Energy Center, a 100 MW/400 MWh battery for electric utility SoCalEdison which is being constructed as a full-on building – much like a data center.
Talk of ‘grid-parity’ and ‘subsidy-free’ solar has had industry figures cherishing the ideal of a sector that can operate free of the caprices of government but a peer behind the latest global PV funding figures demonstrates just how dependent on policy the solar industry remains.
Scientists at the Massachusetts Institute of Technology have developed a device they say could “turbocharge” a single-junction silicon PV cell, pushing the technology beyond its theoretical limit to efficiencies of 35% and higher.
The race to the theoretical maximum conversion efficiency continues and with new lab results in, it appears a big leap forward may have been achieved at Leibniz University Hannover.
The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.
Several new concepts in lithium-ion storage technology have the potential to greatly the increase the energy capacity of batteries. Among them are lithium metal anodes, which could potentially increase energy density by more than 50%. With a newly optimized electrolyte, scientists at the University of California, San Diego have taken another step toward making the idea a commercial reality.
The company will list on the NYSE under the symbol NOVA. Sunnova’s prospectus filing reveals information about the company’s finances and operation.
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