The Korean manufacturer claims the new product has a seasonal energy efficiency ratio of up to 9.47 and a seasonal coefficient of performance of up to 5.20.
Retail giant Walmart has signed a number of new agreements with solar developers across the United States, furthering its position as a corporate leader in PV adoption.
China’s National Energy Administration (NEA) says that the nation’s cumulative PV capacity hit 646.2 GW at the end of February.
Maxeon said it has achieved a 24.9% efficiency rating for a full-scale Maxeon 7 solar panel using its IBC technology. The US National Renewable Energy Laboratory (NREL) confirmed the result.
Spain’s cumulative installed PV capacity surpassed 25.54 GW at the end of December 2023, on 5.59 GW of new solar installations for the full year.
The Netherlands deployed 4.82 GW of new solar capacity in 2023. The country’s cumulative installed PV capacity hit 24.4 GW at the end of December.
The new products are intended for commercial applications and and multi-dwelling buidlings. They have a size of 20 kW to 30 kW and use R290 as the refrigerant.
The French authorities have wrapped up a procurement exercise for commercial and industrial (C&I) rooftop PV projects. They allocated 362.2 MW of solar capacity to 42 developers at an average price of €0.1021 ($0.1104)/kWh.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that Chile, Uruguay and Argentina saw irradiance up 5% to 15% above normal in January and February. Responsible for the surplus sunlight across South America was the ongoing Amazon drought, and circulation changes that pushed weather fronts further south of the continent than usual.
There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics.
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