Solar tracker makers are bringing specially designed models to the market in order to embrace the coming wave of bifacial panels. While bifacial panels may capture up to 10% more light than monofacial panels, single-axis trackers typically add 25% to that bifacial gain, resulting in a roughly estimated 12.5% gain from the two technologies combined, compared with fixed installs using monofacial panels.
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
Latest report by IEEFA showcases nine case studies among the world’s leading states by wind and solar market share, which can serve as an example for other countries on their energy transition pathways.
Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: When will renewables become the dominant source of energy?
Independent solar analyst, Corrine Lin believes that Longi’s plans to triple monocrystalline wafer production capacity to 45 GW by 2020 could trigger an oversupply problem in the second half of this year.
Expectation is rising that the World Bank’s Scaling Solar program will soon expand to include energy storage. A presentation by global law firm, Eversheds Sutherland this week in London added further weight to this.
According to a report released by Mercom Capital, venture capital firms showered battery storage companies with money to the tune of US$714 million last year.
Two weeks ago, the 8th World Future Energy Summit opened its doors in Abu Dhabi. The conference and trade show comprised six co-located events across the cleantech spectrum, and attracted over 33,000 visitors across four days. The rapid increase in the scale of activity within the solar sector in the region was on display throughout the show. Here are three key takeaways from WFES 2018.
Distributed solar can arrive in many forms, from the typical small array installed on a family home, to vast, multi-megawatt installations atop large warehouses and factories. Each market sector faces its own challenges and opportunities, and pv magazine has identified five key questions that could well shape these various rooftop sectors throughout 2018 and beyond.