Indian PV auction delivers final record low price of $0.0269/kWh
The solar electricity price in India has dipped further to an all-time low of INR 1.99 ($0.0269)/kWh in a recently held 500 MW Gujarat auction, which is 0.5% lower than the previous record of INR 2.00/kWh set a month ago.
Merchant PV project announced in Italy
Italy’s Tages Group is planning to build a 4.5 MW solar plant in Sicily and sell the generated electricity to the spot market.
Thermal model to predict PV panel temperature
Scientists in Turkey have tested a transient thermal model to predict PV module temperature during a five-day interval in June. The model considers the heat capacity of a PV module, which is usually not provided by manufacturers in their product sheets, as a parameter for temperature prediction.
Australian research improves scope, efficiency of PV light sensitizers
Australian scientists have developed an algorithm to increase both the efficiency and compatibility of light sensitizers in solar panels.
US to extend Investment Tax Credit for solar to 2024
The solar Investment Tax Credit will remain at 26% for projects that begin construction in 2021 and 2022, but will fall to 22% in 2023, and down to 10% in 2024 for commercial projects.
Oxford PV retakes tandem cell efficiency record
Perovskite developer Oxford PV has set a new world record for perovskite-silicon tandem cell efficiency at 29.52%, edging out the previous record set less than a year ago by Helmholtz Zentrum Berlin. The new record has been certified by the U.S. National Renewable Energy Laboratory.
Solar claims all the 700 MW allocated in Poland’s latest small-scale renewables auction
Once again, solar was the only technology competing in the procurement exercise for renewables not exceeding 1 MW in size. The ERO reported a minimum price of PLN228.7/MWh ($61.2), which compares to PLN269.0 a year earlier.
Structural factors driving down PV prices in India
An analysis by India Ratings and Research (Ind-Ra) says improvements in PV panel designs and costs, lower financing costs and state-specific sectors, such as the location’s solar potential and certain waivers, have driven the decline in Indian solar tariffs.
Germany’s tender for utility-scale PV concludes with lowest price of €0.0488/kWh
The German authorities allocated around 257 MW in the latest round of the tendering scheme for PV projects exceeding 750 kW in size.
Italy extends 110% fiscal break for rooftop PV linked to building renovations to 2022
The so-called “super bonus” for building renovation projects has been extended until the end of 2022. The Italian government has established a maximum price of €2,400 per kilowatt installed for PV systems and €1,000/kWh for storage systems.
