World

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.

In its latest monthly column for pv magazine, the European Technology and Innovation Platform for Photovoltaics (ETIP PV) presents the main findings of its White Paper on PV manufacturing. The report evaluates how policy and regulatory frameworks have evolved for European companies in the PV sector, and compares these frameworks to the PV industrial-policy evolution of key global markets such as China, India, and the USA.

A number of hydrogen projects are moving forward in the United States, Germany and Denmark. In other developments, the German state of Saxony is teaming up with other partners, including the Czech Republic, to set up a hydrogen network in Eastern Europe.

New figures from the European Technology and Innovation Platform for Photovoltaics (ETIP PV) show that China can now produce tunnel oxide passivated contact (TOPCon) PV modules for between $0.160/W and $0.189/W. Costs in Europe, India and the United States, by contrast, could be as low as $0.243/W, $0.281/W, and $0.195/W, respectively. ETIP PV made the comparison based on production at a 10 GW integrated PV factory.

The costs of transporting a container from China to Rotterdam have already almost tripled due to ongoing tensions in the Red Sea and the Gulf of Aden. Houthi militants have been attacking merchant ships there for weeks, preventing them from entering the Red Sea and transiting through the Suez Canal.

The International Energy Agency (IEA) says in a new report that only 7% of planned renewable-based hydrogen capacity is expected to go online by 2030. The report notes the need for consistent policies to support demand and prevent stranded assets.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

US-based Acculon Energy has announced series production of its sodium-ion battery modules and packs for mobility and stationary energy storage applications. Scaled production of 2 GWh is scheduled to start in mid-2024.

With global irradiance above average in Australia, Southeast Asia and Europe, and stable in the United States, solar data provider Solargis says stakeholders should focus on the stability of power grids, while navigating solar financing complexities in developing economies and supply chain capacities in 2024.