The tariff for rooftop PV will be maintained at $0.0935/kWh but payments for ground-mounted and floating solar could be cut to $0.0709/kWh and $0.0769, respectively. The previous FIT scheme, according to government figures, has driven the deployment of around 5 GW of solar generation capacity.
Research has found even short-lived, 10 to 15-year solar panels could provide enough return for bankable projects. The researchers believe panel costs, coupled with an industry mindset now fixed on the final solar energy price rather than costs per kilowatt installed, may open opportunities for PV products currently snubbed because of a short lifecycle.
MIT scientists claim to have created a material 10 times more black than anything witnessed to date. It is said to be able to absorb more than 99.96% of incoming light and reflect 10 times less light than other superblack materials. The invention may be interesting for the development of black silicon PV technology and carbon nanotube-based solar cells.
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
A German research team claims to have created a new visualization technique it says can enable detailed mapping of the energetic landscapes of organic PV cells on a nano scale. The technique could lead to organic cells with reduced power losses.
An EU funded solar-plus-storage project has been tendered in the Philippines. The United Nations is seeking bids for the system to support the seaweed industry on the island of Tawi-Tawi. Combining PV with aquaculture brings many advantages for both, including water conservation, a more controlled aquatic environment, and ecosystem restoration.
The research firm says the value of the global inverter market will continue to decline until 2024, even though shipments will likely increase. China’s recent policy changes have increased pressure on prices, which will contribute to greater consolidation in the sector.
Pestech, a Malaysia-based electrical power technology company, has entered into a partnership with Chinese inverter maker Sungrow to jointly develop new floating solar solutions.
The Israeli inverter manufacturer saw its net profit decline 4% year-on-year to $33.1 million in the second quarter, despite shipping 1.3 GW and seeing a 43% increase in turnover. Gross margins were affected by the increase in U.S. tariffs on China made products.
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