Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
The proposed measure, which will now pass to the Council of Ministers and European Parliament for debate, would further the adoption of PV, according to SolarPower Europe, especially if the commission’s proposal it be applied to public sector structures from 2027 is adopted.
The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline which reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.
With Scottish company Smarter Grid Solutions having already seen its software deployed in the U.K., a pilot project in New York State has been a resounding success for a grid solution the NREL has predicted could unlock swathes of network capacity without the need for new power lines.
The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.
Solar manufacturer Jolywood, which supplied almost 500 MW of its bifacial tunnel oxide passivated contact panels for Oman’s Ibri II facility, has claimed the power plant is the biggest to date to deploy the high-efficiency technology.
The Chinese manufacturer appears to have shouldered higher input costs in return for carving out a larger slice of the world’s biggest solar market – although it’s not clear from the company’s third-quarter update that CEO Xiande Li received the memo.
English manufacturer Aceleron claims every component of its devices can be accessed for replacement, repair or recycling, with the business’ co-founder stating the aim is to ensure ‘100% of the materials in our batteries will continue to be used for as long as possible – preferably forever.’
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