Chinese solar manufacturers Seraphim and Lu’An Solar will invest around $565 million in the new factory.
Solar and wind are expected to account for a growing share of the electricity mix in the years ahead, rising from around 3% at present to 23% by 2030. Over the following two decades after that, however, this share will likely remain unchanged, as the national regulator expects the country to deploy more coal-fired generation capacity.
Developers have until June 30 to lodge bids to develop plots of solar capacity across the national rail network which offer a maximum INR2.71/kWh ($0.036) for the electricity generated under a 25-year contract.
Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.
Scientists from Singapore have developed semi-transparent perovskite solar cells that can be easily integrated into a range of urban contexts, including building facades, gates and windows. The 21cm2 mini panels are made of perovskite solar cells based on methylammonium lead iodine (MAPbI3), with an efficiency of 20.28% for 0.16 cm2.
Researchers in Malaysia have proposed a new method to determine the best way to design PV cooling systems. They will rank cooling technologies by manufacturing costs and expected panel output.
The $570 million fifth phase of the project will sell power at $0.016953/kWh under a 25-year power purchase agreement. It is scheduled to go online in the second quarter of 2021.
A study from Finland’s Lappeenranta University of Technology states decarbonization of desalination could help achieve a levelized cost of water of €0.32-1.66 per cubic meter. Solar and storage are expected to play a decisive role.
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Matt Harper, chief commercial officer of newly-merged British-Canadian vanadium redox flow battery business Invinity Energy Systems has spoken to pv magazine about the VS3-022 Battery Unit it is marketing for grid scale solar-plus-storage projects and why it may be a better bet than lithium-ion.
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