Google pre-qualified bidders and used reverse auctions to obtain the lowest price for renewable energy. Reverse auctions for corporate purchases could potentially benefit solar developers, if their transparency and simplicity can influence more corporations to procure green power.
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
Despite promises by President Trump to save the coal industry, the crisis in the sector is clear. Solar, wind and batteries have the world to gain.
Enphase’s Q3 results show a company that has turned its fortunes around, with revenues more than doubling and high profitability, but questions remain around growth potential.
Elon Musk has officially launched the third phase of his crusade to make a successful solar roof tile, with promises that this time it is going to be a success.
A U.S. research team has used protein bacteriorhodopsin to improve the efficiency of what it called ‘bioperovskite’ solar cells. The scientists used Förster Resonance Energy Transfer to predict the strength of long-range excitonic transport between the perovskite and protein layers.
Research from the United States has demonstrated how PV technology can be used to kill cancer cells. Although still at an embryonic stage, the findings of the study and initial test results suggest solar power could be an effective tool in relation to light-activated fluorescent dyes for disease diagnosis, image-guided surgery and site-specific tumor treatment.
The thin film PV maker has reported solid third-quarter results after the opening of its massive, 1.3 GW factory in Ohio.
At the recent Solar Power International trade show in Salt Lake City, Utah, part of the larger North America Smart Energy Week, pv magazine met with Hank Wang, President of the Americas Region at the Chinese inverter manufacturer Sungrow. The company expects to ship 2 GW of products to North American markets this year with utility-scale products making up the bulk of these shipments.
The Italian fossil fuel company is not hanging around when it comes to diversifying into PV, with almost 1.5 GW of generation capacity plugged in since the start of last year. Canadian Solar has disputed Wiki-Solar’s positioning of First Solar as the world’s biggest PV developer.
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