LONGi case study data finds BC outperforms TOPCon on generation and cost
At its October “Utility Day,” the company shared its latest financial data with German customers, affirming top market positioning and financial health.
Wood Mackenzie records solar LCOE of $37/MWh in MENA region
Wood Mackenzie researchers say single-axis PV offers the lowest utility-scale generation costs globally, with efficiency gains and stable supply chains expected to drive down solar’s levelized cost of electricity (LCOE).
Batteries with 200 Wh/kW solar ratio could ease curtailment in Spain
Researchers say curtailment of solar energy in Spain over the past two years has significant energy and economic impacts, but battery storage can help mitigate the problem. They calculated its effect on levelized cost of energy (LCOE) and net present value (NPV).
Global average solar LCOE stood at $0.044/kWh in 2023, says IRENA
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
Making the case for concentrated solar power
Dismissed by many in the solar industry as an overly-complex, outdated technology, concentrated solar power (CSP) is set for a comeback thanks to a scaled-down, modular approach.
Utility-scale PV cheapest power source in Asia Pacific, says WoodMac
Wood Mackenzie says the levelized cost of electricity (LCOE) in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
Solar LCOE may decrease by up to 20% in Europe by 2030
In its latest monthly column for pv magazine, the European Technology and Innovation Platform for Photovoltaics (ETIP PV) presents its levelized cost of electricity (LCOE) calculations for several European locations in period between 2023 and 2050. The organization forecasts that solar LCOE in Europe may fall by up to 50% by 2050.
New model to identify land eligibility, calculate LCOE for utility-scale PV
Created by scientists in Poland, the model is based on GIS and can be adapted to different market conditions. The researchers applied it to the Polish market and found that 3.61% of the country’s available land can host utility-scale PV systems.
Novel fins increase floating PV productivity, reduce LCOE by over 17%
A group of researchers in Egypt studied the use of partially submerged angle perforating fins (PSAPF) and solid fins (PSASF) to assess their ability to remove excess heat from floating photovoltaics under Mediterranean outdoor environments. The team found that the optimized PSAPF-FPV module achieved an LCOE of $0.068/kWh).
