Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.
The Amsterdam municipal authorities say they will make installing solar panels and heat pumps easier and allow visible installations on monuments and heritage buildings.
Electricity prices fell in all major electricity markets except the British and Nordic markets in the second week of June. Portugal reached an all-time daily solar production record, registering 22 GWh on June 13.
SolarPower Europe forecasts more than 1 TW of annual solar installations by 2028, but financing and energy system flexibility must be unlocked.
China‘s cumulative installed PV capacity reached 690 GW at the end of May, according to recent numbers released by the country’s National Energy Administration (NEA).
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Portuguese and Italian researchers have shown that the levelized cost of hydrogen (LCOH) is lower onshore and that PV-wind configurations reduce the LCOH up to 70%, while Lhyfe says it has started collaborating on a hydrogen storage project.
The latest government installation figures reveal a slower start to the year for the United Kingdom, with small-scale installations accounting for the majority of additions. As the UK General Election approaches, there are calls from industry for the next government to act quickly on the issues hindering capacity expansion.
Freight costs, which represent around 4% of a solar module’s total costs, are increasing on trade lines between the Far East and the US West Coast, Northern Europe, and Mediterranean region.
US-based start-up SorbiForce uses no toxic products or metals in production of its batteries. It claims its systems are cheaper and safer than lithium-ion batteries and have near zero end-of-life waste.
Switzerland installed 602 MW of solar in the first four months of the year, bringing its total installed PV capacity to around 6.8 GW by the end of April.
China’s National Energy Administration (NEA) says that utilization rates of solar and wind projects in specific provinces must not fall below 90%.
Australian miner Liontown Resources has flicked the switch on one of the largest off-grid renewable energy hybrid power stations in Australia.
About 60% of energy customers in California have included battery energy storage with their rooftop solar installations. However, a “sustained downturn” is expected for the market.
US-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.