Get what you pay for
Clean Energy Associates (CEA) has calculated the price premium that solar developers will swallow in return for the levelized cost of energy (LCOE) savings offered by the latest generation of high-efficiency PV panels.
Cooling down solar modules by increasing space between panel rows
A US research team claims to have demonstrated that increasing the spacing of solar panels between rows improves PV system efficiency and economics by allowing airflow to cool down the modules. The method could improve a project’s LCOE by as much as 2.15% in certain climates.
Solar power costs continued to fall in 2021, despite rising panel prices
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Polish gas plans could leave taxpayers needing to find billions
With the Polish government planning to commission five gas power plants over the next five years, London-based thinktank Carbon Tracker has estimated just how costly the move will be, compared to deploying solar plants and energy storage instead.
Solar supply chain trouble to ease this year, according to analyst
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
Analyzing the opportunity for perovskite solar module production in India
Scientists in India conducted a techno-economic analysis for a 100 MW production line for carbon-electrode perovskite solar modules, located in Himachal Pradesh, India. The analysis concludes that, even at the smaller scale, this emerging technology could achieve cost levels comparable with today’s silicon solar products.
New renewables cheaper than legacy coal or gas for almost half the world’s population
Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
‘Low-cost renewable hydrogen may already be in reach’
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
‘New solar will be cheaper than existing conventional power stations in Germany this year’
With forecasters predicting the carbon price will top €100 per ton by 2030, the latest edition of a Fraunhofer ISE study into electricity generation costs has painted the renewables-versus-fossil fuels conundrum as something of a no-brainer.
The weekend read: The recent evolution of solar PV energy costs
Forecasts for the levelized cost of electricity (LCOE) of solar PV were hotly contested over the past decade, with one trend predominating: All but the most optimistic outlooks were wrong. pv magazine has gathered data to showcase the recent evolution of solar PV energy costs, and the results are stark. Within just a few years, initial projections become outdated, which means that forecasts of solar PV prices are more art than science.
