The German research institute said the gallium arsenide cell has achieved the highest efficiency to date for the conversion of light into electricity.
State-run power producer NTPC has more than 65 GW of installed capacity, including gas, coal, hydro, and renewables-based power stations.
Australian PV module manufacturer Tindo Solar says it is confident that it can compete with the world’s biggest manufacturers, as it recently secured fresh state funding.
Even 100% renewables could be reached with existing technology, the US National Renewable Energy Laboratory says in a newly published study.
Through the procurement exercise, the Danish authorities want to allocate 429 MW of renewable energy capacity. The tender will be open to PV, wind, hydro and wave power projects.
Underwater gravity energy storage has been proposed as an ideal solution for weekly energy storage, by an international group of scientists. The novel technology is considered an alternative to pumped-hydro storage for coasts and islands without mountains that are located close to deep waters, and may also be interesting for PV if used to store green hydrogen.
U.S. thin-film manufacturer First Solar and Bill Gates-owned Breakthrough Energy Ventures (BEV) are among the investors in the new company, which is called CubicPV and is expected to develop multi-junction perovskite solar cells with efficiencies of around 30%.
The Polish energy regulator has allocated 1.2 GW of PV capacity in a procurement exercise for projects exceeding 1 MW in size and around 1 GW in an auction for projects with capacities of up to 1 MW.
Solar Philippines is currently seeking off-takers for a project that could also sell power on the spot market. The project is part of a 1 GW pipeline that the company announced in December.
India’s Reliance Industries has announced plans to invest $8.1 billion over the next three years to build gigafactories for solar, energy storage, electrolyzers, and fuel cells.
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