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Aquavoltaics in the Philippines

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.

Wood Mackenzie expects more consolidation in inverter business

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.

New alliance to expand floating PV in Southeast Asia

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.

SolarEdge posts strong revenue increase, slight drop in net profit

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.

PV module demand expected to reach 125.5 GW in 2019, TrendForce

According to the Taiwanese market research company, PV module demand will increase by 16% over 2018 shipments. TrendForce also believes this growth trend will continue in 2020.

Cambodia approves four PV projects totaling 140 MW

The Cambodian government has decided to approve four new solar projects, ranging in size from 20 MW to 60 MW, in response to rising energy demand. It further announced that the 60 MW project that it tendered at the beginning of the year is planned to start commercial operations in August.

China auction allocates subsidies for 22.7 GW of solar with lowest bid of $0.0407/kWh

China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.

Jinko and REC petition for review of Hanwha patent concerned in US lawsuit

In the petition, the manufacturers claim their Korean rival’s patent assertions should be declared invalid as there is evidence the innovations they refer to were either not new or were obvious steps forward.

Global electric car fleet may reach 250 million by 2030

The International Energy Agency says more than 2 million electric vehicles hit the road last year, to take the total to more than 5 million. The agency has stressed the importance of public policy, charging infrastructure and a fall in costs for continued EV uptake, and says up to 43 million EVs could be sold in 2030.

Scientists cast light on how potassium can fix perovskite cells

Doping perovskite solar cells with potassium is said to eliminate interface trapping defects and mobile ion migration. ‘Hysteresis suppression’ is key for more efficient cells based on the promising material.

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