Solar Energy Products

By mid-century the levelized cost of energy (LCOE) for solar PV will be $0.021/kWh, a new report by risk management company DNV predicts. The learning rate for solar is predicted to decrease from 26% to 17% by 2050.

Many US solar installers are filing for bankruptcy, with stocks falling by 15% to 30% based on weak guidance.

AE Solar, in partnership with IKAR Holdings and the WCT Group, is poised to revolutionize the global energy sector with plans to establish high-capacity solar cell manufacturing facilities and solar farms across Europe, the Middle East, and South America. With a proposed initial capacity installation of 1 GW, their collaborative efforts aim to set new standards in renewable energy production and investment on a global scale.

Around 392 GW of photovoltaics will be added in 2023. This is more capacity than all worldwide nuclear power plants in operation in 2022, which was 371 GW cumulatively.

Discover how the European Union (EU) can surpass its 2030 solar generation target with agrivoltaics, utilizing just 1% of its agricultural land. Learn about the potential challenges and benefits outlined in the JRC report, including the absence of standardized definitions and policies. Access the comprehensive report on the EU Commission’s website, and delve into the innovative PV applications discussed in the recent TaiyangNews Virtual Conference on Advanced Solar Module Innovations.

Discover Austria’s move to waive value added tax (VAT) on solar PV system purchases from 2024, aimed at simplifying processes and fostering solar expansion. Explore the implications of this decision, along with the industry’s response and demands for a robust regulatory framework and improved grid infrastructure. Learn about Austria’s commitment to promoting sustainable energy and how this aligns with broader European Union initiatives to incentivize environmentally beneficial products and services.

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.

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.