PV

Energy consultancy LevelTen says that solar power purchase agreement (PPA) prices fell 5.9% in the first quarter of 2024, with decreases recorded in all analyzed countries except for Romania. It attributes the decline to lower wholesale electricity prices and a fall in solar module prices.

Beijian Energy says it will build a new factory to make heterojunction (HJT) solar cells and panels. The facility in Liaoning province will produce 4 GW of cells and 3 GW of PV modules.

The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.

Demand for silver in the photovoltaic industry hit 193.5 million ounces in 2023, according to the Silver Institute. It predicts that demand will grow by another 20% in 2024.

UV Energy has developed a PV system that can be used in parking lots and on other surfaces. It claims that the arrays can be deployed within time frames of three to six weeks.

Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg (ZSW) and First Solar have agreed to work together to develop thin-film PV technologies on a gigawatt scale.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that dust storms and slear skies led to contrasting March Solar Performance in West Asia. The Arabian Peninsula experienced humid winds and dust storms that reduced solar irradiance to 90% of typical levels for the month.

Spain’s Soltec has developed a new dual-row, single-axis tracker with a tracking range of up to 60 degrees, offering compatibility with 60-cell, 72-cell and 78-cell modules.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.

Mercom Capital Group says that total corporate solar funding, global venture capital funding, public market financing, and PV mergers and acquisitions all fell year on year in the first quarter of 2024. The sector is still grappling with high interest rates, which Wood Mackenzie says is disproportionately affecting renewables projects.