The world can manufacture enough solar to reach decarbonization goals
NREL researchers model viable pathways to supplying the estimated 60 TW of capacity required for decarbonization, and study the effect that disruptive solar technologies may have on deployment cost and market opportunity.
Germany’s PV systems inject 40 GW of PV into grid for first time
In the first week of May, the photovoltaic systems installed in Germany made the largest contribution to net electricity generation. They fed a total of 1,744.46 GWh of solar power into the grid and thus had a share of 23.6%.
United Arab Emirates’ solar market
The UAE is expected to generate 25% of its electricity from solar energy and have a total installed solar capacity of 44 GW by 2050. The Middle East Solar Industry Association (MESIA) describes the challenges the country has to address to make this target achievable.
California utilities commission sued for gouging rooftop solar payments
Three leading environmental groups have filed a petition to the California Court of Appeals to review the state’s solar net energy metering cuts.
Australia’s cumulative installed PV capacity tops 29.7 GW
The International Energy Agency expects Australia’s “outstanding” economic fundamentals for residential and commercial rooftop solar will see the sector stabilize in 2023 after a new report revealed the PV market contracted in 2022, when the country added 4 GW of installed solar power.
SunPower secures $550 million loan purchase commitment
Private equity firm KKR committed to purchasing loans made to SunPower customers.
Ikea bets on Meyer Burger’s heterojunction solar modules
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the US by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
All photovoltaic-thermal system designs at a glance
An international research team has presented all possible system designs and applications for photovoltaic-thermal (PVT) technology. Their review includes conventional PV-T collectors, air-based systems, liquid-based installations, water-based collectors, refrigerant-based systems, heat-pipe-based technologies, dual air-water systems, building-integrated PVT arrays, and concentrated PVT collectors.
LG unveils US residential energy storage system
LG has developed a new energy storage system for the US residential market that combines two 10-hour batteries or 16-hour Prime battery modules in parallel, providing 19.2 kWh to 32 kWh of capacity and a maximum 9.6 kW output from the inverter.
Turkey introduces 10-year FIT for solar, other renewables
The Turkish authorities have set a 10-year feed-in tariff (FIT) of TRY 1.06 ($0.0545)/kWh for PV systems that are installed between July 1, 2021, and December 31, 2030. Solar projects with Turkish PV components will be given an additional five-year tariff of TRY 0.2880/kWh.
