Lazard’s newly released Levelized Cost of Energy Analysis 15.0 and Storage 7.0 reports that solar and wind are the most competitive electricity sources in the US energy market. According to the investment bank’s 2021 study, gas combined cycle has the lowest LCOE of $0.045-$0.074/kWh among the conventional sources and that of coal and nuclear is $0.065-$0.152/kWh and $0.131-$0.204/kWh, respectively.
Australian energy storage specialist Redback Technologies has unveiled a newly expanded product range. It has added a series of grid-tied solar inverters and new beefed-up battery products to its line of modular storage systems for residential and commercial customers.
The discounted cash flow from a solar project’s electricity generation increases by 46% when shifting the installation from today’s standard 25-year lifetime to a 50-year time scale.
The US battery manufacturer entered the stationary storage business with a new product for residential customers. The lithium iron phosphate (LFP) battery is compatible with new or existing PV systems.
France has announced a new 10-measure plan to facilitate solar deployment, featuring new and existing provisions. It is designed to support the installation of more than 3 GW per year throughout the country by the end of 2025.
Brazilian consultancy Greener reports that monocrystalline PERC modules are currently being sold at an average price of $0.24/W in the Brazilian PV market, but prices may keep rising, possibly into 2022.
Developed by Spanish scientists, the proposed system design is said to be able to achieve water temperatures above 70 degrees Celsius and to cover around 85% of the annual sanitary hot water consumption of a household with six people.
Australia broke solar installation records across all rooftop PV sectors in 2020, solidifying its “remarkable” position in the global solar market with the highest per capita capacity, at more 810 W per person.
The Ingecon Sun Storage 100TL battery inverter has an efficiency of 98.8% and a European efficiency rating of 98.1%. The device features maximum DC voltage of 1,100 V and an input voltage range of 570-850 V.
Developed by cleantech company Verditek, the flexible module has a 20.1% efficiency and a weight of 4.9kg. It can bend up to 35% using standard 160µ-thick crystalline cells.
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