Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organisation says an additional 4 TW of solar capacity will likely be deployed by 2030.
PVEL scorecard shows ‘relevant risks’ for TOPCon technology
The results of this year’s Kiwa PVEL scorecard have shown that TOPCon technology is more vulnerable than PERC, and the failure rate at bill of materials has increased to 41%, the highest in history, according to the testing lab.
Fortescue to install Gamesa Electric’s inverters at 250 MWh Australian battery project
Gamesa Electric has signed an agreement with Fortescue for the 50 MW/250 MWh North Star Junction battery energy storage system (BESS) in Western Australia.
Soltec enters pre-insolvency as Spanish regulator halts trading of shares
Spanish PV company Soltec has entered pre-insolvency proceedings to negotiate with creditors, and Spain’s National Securities Market Commission has suspended trading of its shares until it releases its first-half 2024 financial results.
New tool optimises ground works, PV tracker planning
Spanish PV company Soltec and Aplitop have partnered to develop a computer-aided design plug-in application aimed at simplifying the planning process and reducing earth-moving operations, measurements, and the relocation of solar trackers in ground-mounted PV projects.
SunPower files for bankruptcy
United States-headquartered solar company SunPower Corp has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.
Spain announces $1.24 billion incentive scheme for clean-tech manufacturing
Spain’s government has submitted a new incentive scheme to a public consultation. It is designed to support the development of a clean-tech supply chain in the country, including the production of batteries.
New tool to detect faults in inverters released by PI Berlin
PI Berlin has developed a new tool to detect problems in inverters such as defective printed circuit boards, faulty switching algorithms, and deficiencies in components and sensors.
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
China plans recycling system for wind turbines, solar panels
China will introduce technical standards and policies for the wind and solar industries to recycle their decommissioned equipment by 2030.
