The latest development on the module front sees manufacturers adopting larger wafer sizes in order to reach the industry’s raised expectations for power output. Older “M2” wafers have been the standard in recent years but now appear to be on the way out. Several theories about optimal size are gaining ground, but the future direction of the standard is still far from clear.
With the Chinese manufacturer claiming it has already hit 16% conversion efficiency on a large panel, a recent perovskite conference heard predictions the technology will make up the next generation of PV cells – provided it avoids the pitfalls experienced by thin-film devices.
An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.
With hundreds of billions of dollars in assets and funds under management, Macquarie Group is seeking to amplify its considerable influence, bringing investment and reporting to bear on accelerating climate mitigation and adaptation.
Increasingly affordable and free from the Trump administration’s solar tariffs, bifacial modules are only set to get more popular in the years ahead. In its first report on bifacial PV, WoodMac predicted the technology will make up 17% of global installations five years hence, quadrupling the share it will have this year.
The International Renewable Energy Association says the integration of hydrogen into the energy transition will not happen overnight and electrolysis costs will not be halved until the 2040s. That hydrogen and related products could revolutionize the world energy landscape, however, is not in doubt.
As 2019 enters its final quarter, the solar industry continues to face headwinds, even as the markets for solar deployment in Europe, the United States, and Australia remain strong. Paula Mints of SPV Market Research takes us through what to expect up until 2021.
The latest edition of the World Nuclear Industry Status Report gives the energy source little hope in the race against fast, widespread, job-friendly, popular renewables. The report reiterates clean power is taking the lead in the world’s energy system and nuclear is not only too costly a remedy for carbon emissions but too slow to deploy. Nuclear output grew only 2.4% last year while solar and wind power volumes grew 18% and 29%, respectively.
After the “June rush” to complete solar projects in China – as well as the commissioning rush in Vietnam, which saw higher-than-expected demand of 4 GW in the first half – the growth of the regional solar market started to slow down in July and August, before anticipated Chinese demand picks up the slack again. With unexpectedly low demand in the third quarter, module manufacturers reacted first by marginally reducing utilization rates. Cell producers then cut production after cell prices collapsed.
The global expansion of PV, wind power and other clean energies will see double-digit growth this year as solar continues to lead the pack.
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