Downward Trend for PV Module Prices Losing Momentum
If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.
If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.
Amphenol Industrial Operations (AIO), a technology company headquartered in Connecticut, is set to establish a new manufacturing facility in Arizona by the end of 2023, focusing on solar junction boxes and connectors. This move follows the passage of the Inflation Reduction Act (IRA). The facility, spanning 58,000 sq. ft. in Mesa, will also produce advanced interconnect assemblies, equipped with state-of-the-art machinery and robotic technologies. AIO, listed as APH on the NYSE, serves as a key supplier to Heliene, contributing to the US solar PV modules. The new Arizona facility will bolster the domestic solar supply chain, complementing the region’s other significant solar manufacturing projects.
France accelerates its solar goals, targeting 60 GW by 2030 and 100 GW by 2035, while reaffirming nuclear power’s role in its energy plan.
Solar power is on the rise, and thanks to better solar cell tech, we’re seeing more and more cool products that are harnessing this cutting-edge tech. For example, building-integrated photovoltaic (BIPV) products are some of the most popular solar technology currently on the market, with solar shingles – roof-based solar systems – currently making waves globally.
Discover efficient energy solutions with sodium batteries, ideal for business applications requiring high capacity and durability.
Created by scientists in Poland, the model is based on GIS and can be adapted to different market conditions. The researchers applied it to the Polish market and found that 3.61% of the country’s available land can host utility-scale PV systems.
Get the latest updates from the energy sector, including Voltalia’s completion of the largest solar power plant in the Western Balkans, Enviromena’s successful £65 million refinancing for UK solar energy expansion, PKN Orlen’s Energa Wytwarzanie’s acquisition of a 334 MW hybrid project in Poland, and the recent cancellation of a PV project on farmland in Bulgaria by the Burgas governor due to local concerns. Stay informed about the significant developments shaping the energy landscape in Europe.
Germany’s solar PV installations in September 2023 slightly decreased by over 21% to 919 MW, while the cumulative installations for the initial nine months exceeded 10 GW, surpassing the annual target of 9 GW. The adjusted August installations rose to 1.17 GW. Although September additions fell below 1 GW, the country’s total installed solar PV capacity reached over 77.67 GW. Rooftop solar systems supported under the EEG decreased to 666 MW, and large-scale solar capacity stood at 113.5 MW. Despite being below the monthly target, continued installations could see Germany ending 2023 with over 13 GW annual installed capacity, an 80% growth from 2022’s 7.2 GW.
Netherlands allocates €416.6 million for the construction of utility-scale batteries connected to ground-mounted solar farms or large rooftop PV systems.
The amount of unsold panels in European warehouses may have doubled between mid-July and the end of August, and it may reach 100 GW by the end of the year.
PV module importers in the Netherlands saw the solar module recycling fee increase. The money generated will be used to finance a guarantee fund.
PV module prices have fallen since the start of the pandemic in 2020, reaching a global two-year low in April 2023, according to the EIA.
The rise in gas prices, the decrease in wind energy production and higher demand boost European electricity market prices.
There were multiple reports of fires involving batteries connected to residential PV systems in Germany and Austria in September. Read on for details.
Consumers Energy has announced plans for an 85 MW solar power plant to be sited at the former Karn Coal Power Plant site in Michigan.