Potential price rises of 14% for the solar home systems that are driving access to electricity in the world’s under-served regions could signal further arrested progress towards the UN goal of universal access by 2030.
The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
Although self-consumption of solar power is the optimal economic approach, the expense of household batteries at present outweighs the increased ability they offer to use electricity generated on the roof. Whether aggregated ‘virtual batteries’ offer better returns is an open question, due to lack of electricity company transparency.
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
The two solar manufacturers will get priority access to polysilicon produced at the planned fab in Inner Mongolia, which developer Xinte Energy has said will be fully operational by June 2023.
The international organisation has pledged to deploy clean energy generation equipment wherever possible in its global operations, with the help of the International Renewable Energy Agency.
Private sector fossil fuel spending on exploration is drying up just as modest rises in clean energy investments are being observed. With stock market investors increasingly embracing renewables, the IEA has observed positive signals in its latest energy investment report, but warned we are still doing far too little to keep global heating at bay.
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