While the solar industry will welcome the move, the feed-in tariff paid to small systems is still reducing thanks to the volume of new capacity installed every quarter. Announcing a wide-ranging policy package on Friday, Angela Merkel admitted Germany will miss the carbon emission target set for next year.
Research has found even short-lived, 10 to 15-year solar panels could provide enough return for bankable projects. The researchers believe panel costs, coupled with an industry mindset now fixed on the final solar energy price rather than costs per kilowatt installed, may open opportunities for PV products currently snubbed because of a short lifecycle.
A planned 10 MW solar project will be coupled with a storage system with a minimum capacity of 8 MWh. The facility will be near Hambantota in southern Sri Lanka.
The project, planned for Khovd in the west of the country, is being developed with the support of the World Bank.
The new deals worth $2 billion in new investments were made by the Internet giant in in the U.S., Chile and Europe.
U.K. nonprofit organization Together Housing is launching a solar-plus-storage demonstration project in a social housing complex. The $2.4 million pilot is designed to identify alternative commercial models for residential storage, following the abrupt reduction of feed-in tariff rates.
A new report in Sweden suggests that renewables are an ideal source of power for marine vessels, based on a case study in which solar PV and proton-exchange membrane fuel cells, combined with a diesel generator, were used to reduce the greenhouse gas and particulate emissions of cruise ships by almost 10%.
Growth in U.S. solar and wind generation capacity will average 7.9% and 3.9%, respectively, between 2022 and 2028 according to Fitch Solutions, who projects almost 120 GW of solar power to be deployed in that period. Corporate clean energy buyers are to be a large part of the trend, and to accelerate deployments during the period.
A research team led by the University of Liverpool has developed a transparent conductive oxide material to replace tin with molybdenum. The results demonstrated better performance and potentially lower material costs than the transparent conducting layers used in today’s commercial solar cells.
The self-consumption project, being built by EPC contractor Helios Energy, is being realized by the Ministry of Innovative Development. The energy generated will power a free economic zone in the Chust district of the Namangan region.
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